On August 30, Guangdong Longhui (01282.HK) announced that for the six months ended June 30, 2024, it achieved revenue of 0.379 billion Hong Kong dollars, an increase of 13.6% year-on-year; gross profit was 0.123 billion Hong Kong dollars, an increase of 134.1% year-on-year; the loss attributable to shareholders was 79.768 million Hong Kong dollars, and the profit attributable to shareholders in the same period last year was 0.649 billion Hong Kong dollars; the basic loss per share was 2.98 Hong Kong cents.
During the reporting period, the company recorded a loss attributable to shareholders of approximately 79.768 million Hong Kong dollars, compared to a profit attributable to shareholders of 0.649 billion Hong Kong dollars in the same period last year. The decrease was mainly due to the negotiation purchase income generated by the acquisition of a subsidiary company for the six months ended June 30, 2023, which amounted to approximately 0.554 billion Hong Kong dollars, while the corresponding amount for the six months ended June 30, 2024 was zero.