King's Flair (06822) announced its interim performance for the 6 months ending June 30, 2024, and the group achieved revenue...
According to the announcement, the company's revenue decreased by 0.4% to 0.333 billion Hong Kong dollars for the 6 months ending June 30, 2024; the net profit attributable to owners of the company decreased by 54.7% to 3.426 million Hong Kong dollars; and the basic and diluted earnings per share were 0.5 Hong Kong cents.
The decrease in revenue was mainly due to the depreciation of the renminbi when the income from mainland China was reported in Hong Kong dollars, as well as a decrease in sales in the Asia region.