Winfull Group Reports Revenue Growth Amid Continued Losses

Winfull Group Holdings Limited ( (HK:0183) ) has shared an announcement.

Winfull Group Holdings Limited reported its unaudited consolidated results for the six months ending December 31, 2024, showing a revenue increase to HK$24,002,000 from HK$18,558,000 in the same period of 2023. Despite the revenue growth, the company faced a significant loss of HK$53,144,000, albeit an improvement from the previous year’s loss of HK$116,515,000. The financial results reflect ongoing challenges in the property market, with notable fair value losses on investment properties and financial instruments. The announcement indicates a mixed financial performance with improved revenue but continuing operational losses, impacting stakeholders’ outlook on the company’s future profitability.

More about Winfull Group Holdings Limited

Winfull Group Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. The company is listed on the Hong Kong Stock Exchange and engages in property trading and investment activities.

YTD Price Performance: -1.41%

Average Trading Volume: 108,384

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$79.37M

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