According to the Zhitong Finance App, China Joint Resources (00254) announced the interim results for the six months ended December 31, 2023. The group achieved revenue of HK$34.55 million, a year-on-year decrease of 18.24%; losses attributable to the owners of the company were HK$22.813 million, compared with a profit of HK$326 million for the same period last year; and a loss of HK0.6 cents per share.

The Group recorded a gross loss of approximately HK$6.693 million during the period, an increase of approximately HK$171,000 or 2.6% over the gross loss of approximately HK$6.522 million in the corresponding period. Negative gross margins for the current period and the corresponding period were 19.7% and 15.7%, respectively.