China Fortune (00110) released its interim results for the 6 months ending 30 June 2024, and the group achieved revenue...
According to the China Fortune (00110) interim results for the 6 months ending 30 June 2024, the group achieved a profit of 34.506 million Hong Kong dollars, a decrease of 10.84% compared to the same period last year. The company's shareholders experienced a loss of 6.753 million Hong Kong dollars, an increase of 26.65% compared to the previous year. The loss per share was 3.13 Hong Kong cents.
The decrease in group's income was solely due to the decline in revenue from the mobile phone and electronic product trading business in mainland China and Hong Kong, China.