Wutong International (00613) announced 2024 interim results. The group achieved total revenue of 53.446 million during the period...
According to the Zhitong Finance App, Wutong International (00613) announced the 2024 interim results. The group achieved total revenue of HK$53.446 million during the period, a year-on-year decrease of 17.98%; losses attributable to shareholders were HK$91.05 million, an increase of 196.68% over the previous year; and the basic loss per share was 9.63 HK cents.
According to the announcement, revenue from financial services, including other financial services, totaled approximately HK$46.2 million (2023: approximately HK$34.8 million). Interest income from the Group's money lending business was reduced to approximately HK$1.6 million (2023: approximately HK$24.1 million). Rental income decreased slightly to approximately HK$5.7 million during the period (2023: approximately HK$6 million). There was no tactical or strategic business revenue during the period (2023: approximately HK$0.3 million) because no dividends were collected from the financial assets held by the Group.