Cocoon Holdings (00428) announced its mid-term performance for 2024, with revenue of approximately 0.077 million Hong Kong dollars, a year-on-year decrease of 9...
The China Cocoon Holdings (00428) announced its mid-term performance for 2024, with revenue of approximately 0.077 million Hong Kong dollars, a year-on-year decrease of 94.17%; the company's owners are expected to incur a loss of approximately 19 million Hong Kong dollars, a year-on-year change from profit to loss; and the basic loss per share is 3.03 Hong Kong cents.
The announcement stated that the decrease in revenue was mainly due to a decrease in interest income during the reporting period.