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Data downside pressure drags the Heng Seng rebound, policy expectations drive infrastructure stocks strong | Hong Kong stock market barometer.
Bearish data weighs on the Hang Seng rebound, what risks should be noted? How sustainable is the policy expectation driving the strength of infrastructure stocks?
WMHW: ANNUAL REPORT 2024
WMHW (08217) released its annual performance report, with a net loss of 17.433 million Hong Kong dollars, a 75% year-on-year expansion.
Wmhw (08217) has released its annual performance report for the year ending March 31, 2024, with revenue of HKD 35.14 million, a 66.4% year-on-year decrease; a net loss of HKD 17.43 million, a 75% year-on-year increase; and a basic loss per share of 5.78 Hong Kong cents. The decrease in total revenue compared to the same period last year was mainly due to fierce competition in the industry, which resulted in a decrease in the number of construction projects and several large-scale construction projects reaching completion stage.
WMHW: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2024
WMHW: NOTICE OF BOARD MEETING
Intraday quick overview | The Science Index rose more than 1% to reach the 4,000 mark; port transport stocks were strong, and COSCO Marine Control rose more than 6%
Water stocks soared across the board. China Water Services rose more than 9%, Beijing Water Group rose more than 8%; high-speed rail infrastructure stocks collectively rallied, CRRC rose more than 9%, and Times Electric rose nearly 7%.
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