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An update from WEIli Holdings Limited ( (HK:2372) ) is now available.
WEIli Holdings Limited has issued a profit warning, indicating an expected net loss between RMB9.0 million and RMB12.0 million for the year ending December 31, 2024, compared to a net loss of RMB2.6 million in the previous year. This increase in net loss is attributed to a temporary reduction in orders from major customers due to a tendering gap and an impairment provision for long-term assets, leading to decreased revenue.
More about WEIli Holdings Limited
WEIli Holdings Limited is a company incorporated in the Cayman Islands, operating in the paper industry with a focus on transfer paper and laminated paper products.
YTD Price Performance: -5.83%
Average Trading Volume: 574,058
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of 2372 stock, go to TipRanks’ Stock Analysis page.