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Wonderful Sky Financial Group Holdings Limited ( (HK:1260) ) has provided an update.
Wonderful Sky Financial Group Holdings Limited has issued a positive profit alert, indicating an expected profit after taxation of no less than HK$40 million for the year ending March 31, 2025, compared to a loss of approximately HK$66.5 million the previous year. This turnaround is attributed to a decrease in losses from the disposal of debt instruments, reduced exchange losses due to currency fluctuations, increased interest income from bank deposits, and gains from changes in the fair value of financial assets.
More about Wonderful Sky Financial Group Holdings Limited
Wonderful Sky Financial Group Holdings Limited is a company incorporated in the Cayman Islands, operating within the financial services industry. The company, along with its subsidiaries, is listed on the Hong Kong Stock Exchange and is involved in providing financial services.
Average Trading Volume: 462,653
Technical Sentiment Signal: Buy
Current Market Cap: HK$495.1M
Learn more about 1260 stock on TipRanks’ Stock Analysis page.