Wanjia Group Holdings Ltd. Announces Expected 86% Reduction in Losses for Fiscal Year Ending March 2025

Reuters
12 Jun
Wanjia Group Holdings Ltd. Announces Expected 86% Reduction in Losses for Fiscal Year Ending March 2025

Wanjia Group Holdings Ltd. has issued a profit warning, indicating a significant reduction in its financial losses for the year ending 31 March 2025. The company forecasts a loss of approximately HK$5.80 million, a substantial improvement from the HK$40.295 million loss reported for the previous year, marking an 86% decrease. This positive shift is attributed primarily to the operational performance of the Group's hemodialysis treatment centres. The announcement is based on a preliminary assessment of unaudited consolidated management accounts. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities.

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