Summary by Futu AI
Chi Kingstone Mining Holdings Limited ("Chi Kingstone") announced the unaudited interim performance for the six months ended June 30, 2024. The report shows that the company's revenue increased by 104.6% compared to the same period last year, reaching approximately RMB 30,772,000. However, the company's interim loss for the period also widened to approximately RMB 16,592,000, with a basic loss per share of RMB 8.57. The company's current liabilities exceed current assets by approximately RMB 3,773,000, indicating financial pressure. In response to the ongoing operational challenges, the directors have implemented various measures, including actively recovering receivables and negotiating repayment extensions with lenders. The company's main operations include the production and sale of marble slag, as well as the operation of a food brand business in the United Kingdom. Both the marble slag business revenue and the food brand business have shown significant growth. The company stated that it will continue to strengthen production and operations, expand customer base to enhance business performance.