Summary by Futu AI
Ding Yi Feng Holdings Group International Limited (the "Company") announced the audited consolidated financial statements for the six months ended June 30, 2024. During the period, the Group recorded a loss of approximately HK$368,847,000, compared to a profit of approximately HK$96,960,000 in the same period last year. The loss was mainly due to unrealized losses of approximately HK$248,638,000 generated by the fair value measurement of financial assets recognized in profit or loss, and impairment losses of approximately HK$74,862,000 generated by property, plant, and equipment. During the period, the Group had securities investments whose value exceeded 5% of the total assets of the Group, including investments in Hua Yin International Holdings Limited and Huizhou Intelligence Technology Group Limited. The board of directors does not recommend distributing any interim dividends for this period.