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Winning Tower Group Holdings Limited (HKG:8362) Stock Rockets 27% But Many Are Still Ignoring The Company
WINNING TOWER: INTERIM REPORT 2024
Winning Tower (08362) released its interim results, with shareholders' net loss of HKD 0.414 million, a year-on-year 85.98% reduction in losses.
Winning Tower (08362) released its mid-year performance as of June 30, 2024. During this period, the group's...
WINNING TOWER: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Soochow Securities: The food and beverage sector is in a stage of low-to-medium-speed transformation, and the rebound of the sector is waiting for the clearance of the business performance risk of listed companies or the reversal of demand expectations.
The current valuation of the food and beverage sector is relatively low, primarily due to concerns about future cash flow and profit downgrades. Short-term market pessimism has had an impact on the sector, and the sector's rebound is awaiting clarification of listed company performance risks, or a reversal of demand expectations, the latter depending on proactive fiscal and monetary policies at the macro level or verification of seasonal sales at the middle level.
Winning Tower announced the appointment of Zhong Yuhua as a non-executive director.
Winning Tower (08362) announced that Zhong Yuhua was appointed as non-executive director, effective from June 29, 2024; and Wang Hongliang resigned as non-executive director, effective from June 29, 2024.