Ding Yi Feng Holdings Group International Limited announced the interim performance for the six months ended June 30, 2024. During this period, the company recorded a loss of approximately 368,847,000 Hong Kong dollars, compared to a profit of approximately 96,960,000 Hong Kong dollars in the same period of 2023. The loss was mainly due to a net unrealized loss on financial assets of approximately 248,638,000 Hong Kong dollars and an impairment loss on property, plant, and equipment of approximately 74,862,000 Hong Kong dollars. The company's investment portfolio is primarily focused on property development and management, e-commerce business, construction, and other areas. As of the end of the reporting period, the company had bank balances and cash of approximately 105,127,000 Hong Kong dollars, with no long-term...Show More

Ding Yi Feng Holdings Group International Limited announced the interim performance for the six months ended June 30, 2024. During this period, the company recorded a loss of approximately 368,847,000 Hong Kong dollars, compared to a profit of approximately 96,960,000 Hong Kong dollars in the same period of 2023. The loss was mainly due to a net unrealized loss on financial assets of approximately 248,638,000 Hong Kong dollars and an impairment loss on property, plant, and equipment of approximately 74,862,000 Hong Kong dollars. The company's investment portfolio is primarily focused on property development and management, e-commerce business, construction, and other areas. As of the end of the reporting period, the company had bank balances and cash of approximately 105,127,000 Hong Kong dollars, with no long-term or short-term borrowings. The board of directors does not recommend distributing interim dividends. Looking ahead, the board of directors will adopt a cautious strategy to manage the investment portfolio and closely monitor forex risks. The company's shares are listed on the Hong Kong Stock Exchange, with no change in share capital during the period.