Wing On Co. International Forecasts Swing to Loss in 2024

MT Newswires Live

2025/02/06

Wing On Co. International (HKG:0289) expects a loss attributable to shareholders of HK$919.4 million for 2024, against a profit of HK$123.4 million logged for 2023, a Thursday bourse filing said.

The department store company attributed the expected loss to an increase in loss recorded from its department store operations during the reporting year and an increase in valuation loss from the group's investment properties.

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International Forecasts Swing to Loss in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-06 17:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Wing On Co. International (HKG:0289) expects a loss attributable to shareholders of HK$919.4 million for 2024, against a profit of HK$123.4 million logged for 2023, a Thursday bourse filing said.</p><p>The department store company attributed the expected loss to an increase in loss recorded from its department store operations during the reporting year and an increase in valuation loss from the group's investment properties.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1122","symbol_name":"百货商店","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2509247318","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509247318","pubTimestamp":1738834442,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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