Zhixin Financial App News, Ying Hai Group (08668) announced its mid-term performance in 2024, with revenue of approximately 48.3 million Hong Kong dollars, a year-on-year increase of 33.4%; the company's attributable net loss is approximately 5.9 million Hong Kong dollars, a year-on-year loss to profit conversion; basic and diluted loss per share is 0.49 Hong Kong cents.

The announcement stated that the significant increase in revenue was mainly due to the increase in revenue generated from the sale and distribution of hotel rooms. The loss was mainly due to the decrease in gross profit generated from the sale and distribution of hotel rooms (mainly due to intense competition in the hotel industry); and the increase in administrative expenses (mainly due to employee benefits expenses and sponsorship expenses).