EverChina Int'l (HKG:0202) narrowed its attributable loss by 65% to HK$23.6 million in the six months ended Sept. 30 from HK$67.7 million a year prior, a Thursday Hong Kong bourse filing said.

Shares of the agricultural and property company were up 2% in Friday afternoon trading.

Loss per share was HK$0.00324, down from HK$0.0093 in the year-ago period.

Revenue from continuing operations jumped 61% to HK$74.3 million from HK$46.1 million in the corresponding period of the last fiscal year.

The narrower loss was mainly due to a higher gross profit, lower loss on change in the fair value of investment properties, the recognition of reversal of expected credit loss on other receivables, and a decline in finance costs.