WISDOMCOME GP issued a profit warning, expecting an annual loss attributable to shareholders of no more than HKD 50 million
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WISDOMCOME GP issued a profit warning, expecting the annual loss attributable to company owners for the year ending March 31, 2025, to not exceed HKD 50 million, a decrease from approximately HKD 114.4 million in 2024. The main reasons for the reduction in loss include a decrease in fair value losses on financial assets, a decrease in impairment losses on other assets, a reduction in administrative expenses, a reversal of expected credit losses on accounts receivable, and a decrease in provisions for expected credit losses on customer loans and advances
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