Zhaobangji Lifestyle Holding Swings to Loss in Six Months to September

MT Newswires Live
2024-12-02

Zhaobangji Lifestyle Holding (HKG:1660) recorded a loss attributable to equity holders of HK$7.4 million in the six Months ended Sept. 30, against an attributable profit of HK$5.7 million logged for the same period last year, a Friday filing with the Hong Kong Exchange said.

Loss per share attributable to equity holders stood at HK$0.0012 for the reporting period, as compared with earnings per share of HK$0.0009 recorded for the year-ago period.

The construction machinery trading company's revenue for the six months under review was HK$110.8 million, 27.5% lower than HK$153.0 million booked a year ago.

The company attributed the decrease in revenue to a more conservative approach implied for leasing and trading segment and lowered income resulting from the change in consumer spending pattern.

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