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Wing Lee Development Projects Revenue Growth Amid Profit Decline

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Wing Lee Development Projects Revenue Growth Amid Profit Decline

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The latest announcement is out from Wing Lee Development Construction Holdings Limited ( (HK:9639) ).

Wing Lee Development Construction Holdings Limited announced an expected revenue increase of no less than 33% for the year ending March 2025, reaching at least HK$700 million, attributed to favorable progress in key projects. However, the company anticipates a decrease in profit by up to 35% compared to the previous year, due to increased expenses related to its listing and enhanced operational management efforts.

More about Wing Lee Development Construction Holdings Limited

Wing Lee Development Construction Holdings Limited is a company incorporated in the Cayman Islands, operating in the construction industry. It focuses on development projects and is listed on the Stock Exchange of Hong Kong Limited.

Average Trading Volume: 5,083,150

Technical Sentiment Signal: Strong Buy

See more insights into 9639 stock on TipRanks’ Stock Analysis page.

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