Chuang's Consortium International Shrinks Loss in Fiscal H1

MT Newswires Live

Nov 29, 2024

Chuang's Consortium International (HKG:0367) shrank its attributable loss by 40% for the six months ended Sept. 30 to HK$292.8 million from HK$484.8 million in the year-ago period, a Thursday bourse filing said.

Loss per share stood at HK$0.1751, down from HK$0.2899 in the corresponding period of the last fiscal year.

The property and hotel business company saw its revenue for the half year fall to HK$92.5 million from HK$215.7 million a year prior, mainly due to the absence of sales of properties.

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