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An update from Great Wall Pan Asia Holdings ( (HK:0583) ) is now available.
Great Wall Pan Asia Holdings Limited has issued a profit warning, indicating an anticipated unaudited consolidated loss for the financial year ending December 31, 2024, in contrast to a profit in 2023. This decline is attributed to increased finance costs due to high Hong Kong Interbank Offered Rates and a decrease in profit share from an associate. Despite these setbacks, the company’s operating cash flow remains unaffected, and its financial position is still considered healthy.
More about Great Wall Pan Asia Holdings
Average Trading Volume: 4,000
Current Market Cap: $46.33M
For an in-depth examination of 0583 stock, go to TipRanks’ Stock Analysis page.
