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Weiye Holdings Suspends Trading Amid Annual Results Delay
Express News | Weiye Holdings Ltd - Trading in Shares of Co Suspended on 1 April 2025 Pending Results Announcement
WEIYE HOLDINGS (01570) has delayed the publication of its full-year results for 2024 and will suspend trading from April 1.
WEIYE HOLDINGS (01570) announced that due to the auditor needing more time to complete the review, since the company on 202...
WEIYE HOLDINGS: INSIDE INFORMATION (1) DELAY IN PUBLICATION OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024; (2) POSTPONEMENT OF THE BOARD MEETING; AND (3) SUSPENSION OF TRADING
WEIYE HOLDINGS (01570.HK) expects a significant increase in annual losses.
Gelonghui, March 24丨WEIYE HOLDINGS (01570.HK) announced that the group expects to record a loss attributable to owners of the company from continuing operations of approximately RMB 293,000,000 for the year ending December 31, 2024, while for the year ending December 31, 2023, the loss attributable to owners of the company from continuing operations was approximately RMB 54,000,000. The significant increase in loss is mainly due to impairment provisions. In light of the current sluggish market for property development, the group has further reassessed its existing Assets. After preliminary discussions with independent valuers, the group expects to...
Express News | Weiye Holdings Ltd - Expects Loss of RMB293 Million for 2024