WEBX INTL HLDGS Forecasts Reduced Net Loss for Fiscal 2025
Stock News
Feb 09
WEBX INTL HLDGS (08521) announced that the group anticipates a net loss of approximately HK$6 million for the fiscal year ending December 31, 2025. This compares to a net loss of about HK$17.5 million for the previous fiscal year ended December 31, 2024. Based on currently available information, the board of directors attributes the reduction in net loss primarily to a significant decrease in impairments for prepayments and trade receivables, which amounted to roughly HK$11.9 million in the 2024 fiscal year.
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