Kiu Hung Int'l (00381) announced its mid-term performance in 2024, with revenue of approximately 0.143 billion Hong Kong dollars, a decrease of 6....
According to the Zhidao Finance APP, Kiu Hung Int'l (00381) announced its mid-term performance in 2024, with revenue of approximately 0.143 billion Hong Kong dollars, a decrease of 6.21%; the attributable profit to owners of the company decreased by 51.63% to 17.613 million Hong Kong dollars; earnings per share were 18.54 Hong Kong cents.
The announcement stated that the decrease in profit was mainly due to the group's investment losses in affiliated companies engaged in fruit planting business and reduced income from issuing common stock to repay financial liabilities.