Glory Times reported on August 26 that king's flair (06822.HK) announced that for the six months ended June 30, 2024, the group was still able to maintain a consistent level of income, with income reaching approximately 0.33 billion Hong Kong dollars, a slight decrease of about 0.4% year-on-year. The decrease in income was mainly due to a decrease in income from Mainland China when denominated in Hong Kong dollars due to the depreciation of the renminbi and a decrease in sales in the Asia region. The attributable profit of the company's owners decreased by about 54.7% to approximately 3.4 million Hong Kong dollars. Basic and diluted earnings per share were 0.5 Hong Kong cents.

The decrease in attributable profit of the company's owners was mainly due to continued losses in the fair value of investment properties during the period and an increase in income tax expenses due to the increase in pre-taxation items caused by declaring dividends in Mainland China, as well as no offsetting of tax losses to offset tax expenses.