According to the announcement, the increase in losses was mainly due to the fair value loss of financial instruments recognized in the income statement during the period, while the fair value gain was recorded in 2023.

Intelligent Finance News APP news, Lippo China Res (00156) released its interim performance for the six months ended June 30, 2024, during which the group achieved HKD 0.374 billion, an increase of 6.79% year-on-year; the net loss attributable to shareholders was HKD 0.137 billion, a 132.12% increase year-on-year; and the basic loss per share was HKD 0.15.