Summary by Futu AI
CSC Holdings Limited announced on August 15, 2024 the financial condition for the first half of 2024. Compared to a loss of about 12 million Hong Kong dollars in the first half of 2023, the company expects a loss of no more than 3 million Hong Kong dollars in the first half of 2024. The expected improvement is mainly due to a decrease in impairment losses on accounts receivable and other receivables, as well as a decrease in income from lending business. The company stated that these data are based on preliminary assessments and have not been audited or reviewed by auditors. CSC Holdings Limited will announce more detailed mid-term performance by the end of August 2024. The board of directors urges shareholders and potential investors to act prudently when trading the company's shares.