Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
An announcement from Wai Hung Group Holdings Ltd. ( (HK:3321) ) is now available.
Wai Hung Group Holdings Ltd. has issued a profit warning, anticipating a significant net loss of approximately MOP48.5 million for the year ending December 31, 2024, compared to a net loss of MOP27.8 million in the previous year. This expected loss is primarily due to a sharp decline in revenue, which fell from MOP105.8 million in 2023 to approximately MOP9.7 million in 2024, highlighting potential challenges in the company’s market performance and financial health.
More about Wai Hung Group Holdings Ltd.
Wai Hung Group Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the financial sector and listed on the Hong Kong Stock Exchange.
Average Trading Volume: 12,978,987
Technical Sentiment Signal: Sell
Current Market Cap: HK$33.91M
For detailed information about 3321 stock, go to TipRanks’ Stock Analysis page.