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Great Wall Pan Asia Gets New Controlling Shareholder
GWPA HOLDINGS (00583): The transfer has been completed without cost, and Huijin has become the controlling shareholder of the company.
GWPA HOLDINGS (00583) announced that the company has recently received notification that the free transfer has been successfully completed. Huijin currently...
GWPA HOLDINGS: 2024 Annual Report
GWPA HOLDINGS: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
Great Wall Pan Asia Flags Swing to Loss in 2024
GWPA HOLDINGS (00583.HK) issues a profit warning: expecting a loss attributable to Shareholders of approximately 80 million to 88 million Hong Kong dollars in 2024.
Gelonghui on February 20 announced that GWPA HOLDINGS (00583.HK) expects to record an unaudited shareholder's attributable consolidated loss of approximately 8 million to 88 million Hong Kong dollars for the fiscal year 2024, along with an unaudited basic loss per share of approximately 5.10 to 5.64 Hong Kong cents, a significant decline of about 128% to 131% compared to the audited shareholder's attributable consolidated profit of 0.285 billion Hong Kong dollars and audited basic earnings per share of 18.17 Hong Kong cents for the year ending December 31, 2023, mainly due to: (a) the high interbank offered rates maintained by Hong Kong Banks, resulting in the Group's loan interest being calculated at this rate for 2024.
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