China Wantian Holdings Limited ( (HK:1854) ) just unveiled an update.
China Wantian Holdings Limited announced its annual results for the year ended December 31, 2024, reporting a revenue of HK$788,632,000 and a gross profit of HK$51,931,000. Despite a gain on the disposal of subsidiaries and other income, the company faced an operating loss of HK$39,599,000, primarily due to high administrative expenses and impairment losses. The announcement reflects challenges in maintaining profitability amidst rising costs, impacting the company’s financial performance and potentially affecting stakeholder confidence.
More about China Wantian Holdings Limited
China Wantian Holdings Limited is a company incorporated in the Cayman Islands, operating in the industry of diversified holdings. The company is listed on the Stock Exchange of Hong Kong and engages in various business activities through its subsidiaries.
YTD Price Performance: -20.0%
Average Trading Volume: 1,543,302
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.44B
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