As of June 30, 2024, Keck Seng Inv (00184.HK) announced its interim performance, with a group income of 0.809 billion Hong Kong dollars, a decrease of 2.7% compared to the corresponding period in 2023. This decline is mainly due to the depreciation of the Vietnamese dong, which has had a negative impact on the overall income of the group.
For the period ending June 30, 2024, the group recorded an operating profit of 0.25 billion Hong Kong dollars, compared to an operating profit of 124,600,000 Hong Kong dollars in the same period of 2023. The increase in the group's operating profit in the first half of 2024 is mainly attributed to the revenue of 156,200,000 Hong Kong dollars generated from the sale of assets classified as hold-for-sale in the first half of the year.
For the six-month period ending June 30, 2024, the equity shareholders' share of profit amounted to 87.3 million Hong Kong dollars, compared to 45.3 million Hong Kong dollars in the first half of 2023.