Winfull Group Faces Considerable Annual Loss

Winfull Group Holdings Limited (HK:0183) has released an update.

Winfull Group Holdings Limited reported a significant loss for the fiscal year ended June 30, 2024, with the audited consolidated results showing a loss of HK$242,161,000, a substantial increase from the previous year’s loss of HK$67,499,000. The loss per share has also steepened to HK$42.68 from HK$11.93. The company faced a steep fair value loss on investment properties and financial instruments, alongside increased finance costs and impairment losses.

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