PT International Development Swings to Loss in Fiscal H1

MT Newswires Live
29 Nov 2024

PT International Development (HKG:0372) posted a loss attributable to owners of HK$41.1 million for the six months ended Sept. 30, reversing a profit of HK$352.2 million in the year-ago period.

Loss per share was HK$0.0136, compared with earnings per share of HK$0.1282 a year earlier, according to a Thursday filing with the Hong Kong Exchange.

The losses were mainly due to the unrealized fair value loss of financial instruments, in particular, the group's investment in AFC Mercury Fund.

Revenue from continuing operations amounted to HK$76 million, compared with HK$20 million a year ago.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10