Wonderful Sky Financial Reports Annual Loss

Wonderful Sky Financial Group Holdings Limited (HK:1260) has released an update.

Wonderful Sky Financial Group Holdings Limited reported a shift from a profit of HK$27,222,000 in 2023 to a loss of HK$66,500,000 for the fiscal year ending 31 March 2024, signifying a notable downturn in their financial performance. The year witnessed a decrease in revenue and a rise in net losses, driven by higher direct costs, selling and administrative expenses, and significant net other losses.

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