Wan leader (08482) announced that the group expects to achieve a loss not exceeding 1 million Hong Kong dollars for the period ending on September 30, 2024...
According to the Wisdom Financial News APP, Wan leader (08482) announced that the group expects to incur a pre-tax loss of not more than 16 million Hong Kong dollars for the period ending on September 30, 2024 (while the pre-tax loss for the corresponding period ending in 2023 was approximately 15 million Hong Kong dollars).
The increase in losses is mainly due to the following effects: a decrease in revenue, including the slower-than-expected recovery of global trade after the COVID-19 pandemic, the global economic downturn leading to a decrease in demand for freight space; the restructuring of air and sea transportation business during this period; and warehousing costs maintained at a high level compared to previous periods.