Wai Yuen Tong Medicine Holdings Announces Expected Turnaround to Profit for FY 2025
Reuters
Jun 17
Wai Yuen Tong Medicine Holdings Announces Expected Turnaround to Profit for FY 2025
Wai Yuen Tong Medicine Holdings Limited has issued a positive profit alert, indicating a financial turnaround for the fiscal year ended March 31, 2025. According to a preliminary review of the company's draft unaudited consolidated management accounts, the Group is projected to shift from a loss of approximately HK$15.4 million in the previous year to a profit not exceeding HK$15.0 million. This marks a significant improvement from the loss reported in the financial year ended March 31, 2024. The announcement, which follows regulatory disclosure requirements, highlights that the final financial results are subject to the completion of valuation assessments by independent professional valuers. The detailed annual results are expected to be published by the end of June 2025. The company has advised shareholders and potential investors to exercise caution when trading shares in light of this new financial outlook.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wai Yuen Tong Medicine Holdings Limited published the original content used to generate this news brief on June 17, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.