Wanxing Holdings (08093) made a profit. It is expected to have a mid-term profit of about HK$1,828 million, turning a year-on-year loss into a profit

Zhitong Finance ·  Feb 23 05:06

According to the Zhitong Finance App, Wanxing Holdings (08093) announced that the group expects to make a profit of about HK$1,828 million for the six months ended 31 December 2023, turning a loss into a profit of about HK$14.201 million over the six months ended 31 December 2022.

According to currently available data, the expected profit is mainly due to the Group's restart of overseas internet advertising business in May 2023 and the addition of new mobile game agency operations, which led to a significant increase in mid-term revenue.

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