Zhixun Finance APP reported that capital grand (01329) released its interim performance for the six months ended June 30, 2024. The group achieved a continuous operating revenue of 0.746 billion yuan (RMB, same below), a 19.43% year-on-year increase. Shareholders' attributable loss was 0.151 billion yuan, compared to a shareholders' attributable profit of 87.135 million yuan in the same period last year, showing a year-on-year turnaround from profit to loss; basic loss per share was 5.92 cents.

The announcement stated that the increase in revenue was mainly due to a significant increase in property sales revenue in the first half of 2024 compared to the same period in 2023, as well as a continuous increase in the company's outlet business revenue.