G.A. Holdings (08126) released its six-month performance ending June 30, 2024, with revenue of 0.843 billion Hong Kong dollars, a 17.2% decrease compared to the same period last year.
G.A. Holdings (08126) released its six-month performance ending June 30, 2024, with revenue of 0.843 billion Hong Kong dollars, a 17.2% decrease compared to the same period last year. It incurred a net loss of 18.228 million Hong Kong dollars, an increase of 381.7% compared to the same period last year. The basic loss per share was 3.83 Hong Kong cents.
The increase in losses attributable to the owners of the company during the period was due to the intense price war among major Chinese automotive brands.
