Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Wenye Group Holdings Limited ( (HK:1802) ) just unveiled an update.
Wenye Group Holdings Limited announced its unaudited financial performance for the third quarter of 2025, showing a significant business recovery with a revenue of RMB 51,886,000 and a gross profit margin of 12.57%. Despite a positive profit after tax of RMB 1,706,000, the company still faces net liabilities, highlighting the ongoing financial challenges. The announcement also includes an invitation to support a potential rights issue, indicating efforts to improve financial stability and investor confidence.
More about Wenye Group Holdings Limited
Wenye Group Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the industry of construction and decoration services. The company has recently focused on recovering its business by segregating a debt-burdened former subsidiary, Wenye Decoration, to strengthen its market position.
Average Trading Volume: 3,494,612
Technical Sentiment Signal: Sell
Current Market Cap: HK$34.93M
For a thorough assessment of 1802 stock, go to TipRanks’ Stock Analysis page.