WING FUNG GROUP announced its 2024 performance, with a net profit of HKD 1.073 million, turning a profit compared to the same period last year
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WING FUNG GROUP announced its 2024 performance, with revenue of approximately HKD 177 million, an increase of about 54.3% year-on-year; net profit of HKD 1.073 million, turning a profit from a loss year-on-year; earnings per share of HKD 0.66. The turnaround to profitability was mainly due to increased revenue, better cost control, a reversal of impairment losses on trade receivables and contract assets of approximately HKD 3.7 million, and unrecognized write-offs of contract assets
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