Wison Engineering Projects Reduced Losses in 2024
Company Announcements

Wison Engineering Projects Reduced Losses in 2024

Wison Engineering Services Co., Ltd. (HK:2236) has released an update.

Wison Engineering Services Co. Ltd. anticipates a significant reduction in its losses for the first half of 2024, estimating them to be no more than RMB 50 million, down from RMB 108 million in the same period the previous year. This improvement is largely due to compensation from a legal victory and lower depreciation costs after reclassifying certain properties. The company remains optimistic about its business growth and will continue to focus on operational efficiency and cost control.

For further insights into HK:2236 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!