Xinhua News Media Fiscal H1 Loss Narrows

MT Newswires Live

2024/12/24

Xinhua News Media (HKG:0309) reported a loss attributable to the owners of HK$3.5 million for the six months ended Sep. 30, narrower than the HK$8.2 million in the previous year, according to a Tuesday filing with the Hong Kong Stock Exchange.

Loss per share in the fiscal first quarter was HK$0.0018, narrower than the HK$0.0043 in the prior-year period.

The company's revenue was HK$179.3 million compared with HK$153.0 million the previous year.

The Company's shares were up over 2% in the recent trading.

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