Wison Engineering Services Co., Ltd. (HK:2236) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Wison Engineering Services Co. Ltd. anticipates a significant reduction in its losses for the first half of 2024, estimating them to be no more than RMB 50 million, down from RMB 108 million in the same period the previous year. This improvement is largely due to compensation from a legal victory and lower depreciation costs after reclassifying certain properties. The company remains optimistic about its business growth and will continue to focus on operational efficiency and cost control.
For further insights into HK:2236 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue