Winfair Inv (00287) has announced that the group expects to achieve annual results for the year ending March 31, 2024...
Zhitan Finance APP News, Winfair Inv (00287) announced that the group expects to incur a loss of approximately HKD 47-53 million for the year ending March 31, 2024, an increase of approximately HKD 11-17 million (or 31% to 47%) from last year's loss of approximately HKD 36 million.
The announcement stated that the expansion of losses was mainly due to a increase of about 18% and 122% in the fair value losses of investment properties and equity instruments accounted for at fair value, respectively, in the fiscal year compared to the previous year.