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Wenye Group Holdings Reports Increased Losses Amid Revenue Decline in 2024

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Wenye Group Holdings Reports Increased Losses Amid Revenue Decline in 2024

The latest announcement is out from Wenye Group Holdings Limited ( (HK:1802) ).

Wenye Group Holdings Limited reported its annual results for the year ended December 31, 2024, showing a significant decline in revenue from RMB 81,343,000 in 2023 to RMB 13,524,000 in 2024. The company also experienced an increased loss attributable to owners, rising from RMB 63,469,000 in 2023 to RMB 95,379,000 in 2024, indicating financial challenges and potential impacts on its market positioning.

More about Wenye Group Holdings Limited

Wenye Group Holdings Limited is a company incorporated in the Cayman Islands, operating in the industry of diversified holdings with a focus on various subsidiaries.

YTD Price Performance: -6.67%

Average Trading Volume: 1,900,226

Technical Sentiment Signal: Buy

Current Market Cap: HK$33.26M

See more data about 1802 stock on TipRanks’ Stock Analysis page.

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