K W NELSON GP (08411.HK) announced on August 7, according to the preliminary review of the unaudited comprehensive management accounts of the Group for the six months ended June 30, 2024, compared with the net loss of HKD 1.5 million for the six months ended June 30, 2023, the Group is expected to record a net loss of not less than HKD 1.9 million for the period. The board of directors believes that the above-mentioned losses during this period are mainly due to cautious attitudes among consumers during this period, which has led to a decrease in revenue and gross profit of design and decoration projects during this period.