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Wanka Online Reports 25.2% Revenue Growth Amid Rising Liabilities in 2024

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Wanka Online Reports 25.2% Revenue Growth Amid Rising Liabilities in 2024

Wanka Online, Inc. ( (HK:1762) ) has issued an update.

Wanka Online, Inc. announced its financial results for the year ending December 31, 2024, showing a significant revenue increase of 25.2% compared to 2023, reaching RMB 2,627,271,000. Despite a modest rise in gross profit and adjusted net profit, the company’s total liabilities surged by 61.1%, indicating a potential area of concern for stakeholders. The results reflect the company’s growth trajectory but also highlight the need for careful financial management to maintain its market position.

More about Wanka Online, Inc.

Wanka Online, Inc. is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1762. The company is involved in the technology sector, focusing on online services and digital solutions.

YTD Price Performance: 139.47%

Average Trading Volume: 7,349,569

Technical Sentiment Signal: Sell

Current Market Cap: HK$777.1M

See more insights into 1762 stock on TipRanks’ Stock Analysis page.

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