Glory Times reported on August 22nd that Wong's Int'l (00099.HK) announced that for the six months ended June 30, 2024, the group's income was HK$1.224 billion, a decrease of 27.2% from the same period last year. The attributable loss to the company's owners was HK$0.3889 billion. This was mainly due to an increase in completed property inventory provisions and a fair value loss of HK$0.4468 billion on investment properties held by the group and its joint ventures. The fair value loss reflects a weak commercial property market. The EMS division's profit decreased by HK$10.2 million due to a decrease in external customer sales, with the impact of the sales decrease partially offset by cost efficiency improvements. The board of directors has decided to distribute an interim dividend of HK$0.0275 per share (2023: HK$0.0300 per share).