Chaoda Modern Agriculture Widens Loss in Fiscal H1

MT Newswires Live
02-26

Chaoda Modern Agriculture (HKG:0682) widened its attributable loss in the fiscal first half to 7 million yuan from 5.9 million yuan in the year-ago period, a Wednesday filing with the Hong Kong bourse said.

Loss per share stayed consistent at 0.04 yuan over the two periods.

The agricultural company's revenue fell by 14% to 33.7 million yuan in the half year from 39.4 million yuan a year prior, mainly due to the changing leisure habits of many residents.

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