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Worldsec ( (GB:WSL) ) has shared an update.
Worldsec Limited reported an audited consolidated loss of US$55,000 for the year ending December 31, 2024, a decline from a profit of US$58,000 in 2023. The company’s financial position was impacted by a decrease in cash and cash equivalents, reflecting cash used in operations and investments. The global economic landscape in 2024 was marked by resilience but faced disruptions due to new tariffs imposed by the Trump Administration, which could lead to prolonged economic uncertainty. These tariffs have affected global trade and private equity markets, with potential repercussions for various industries. Despite these challenges, certain sectors like technology and healthcare are expected to perform better.
More about Worldsec
Worldsec Limited operates in the investment sector, primarily focusing on investment holding. The company and its subsidiaries are engaged in investing in unlisted companies within the Greater China and South East Asian regions.
YTD Price Performance: 60.0%
Average Trading Volume: 5,000
Technical Sentiment Signal: Sell
Current Market Cap: £1.7M
For a thorough assessment of WSL stock, go to TipRanks’ Stock Analysis page.