According to the Zhitong Finance APP, rykadan capital (02288) announced its performance for the six months ending September 30, 2024, with revenue of 73.821 million Hong Kong dollars, a year-on-year increase of 12.59 times; the loss attributable to shareholders of the company was 88.757 million Hong Kong dollars, an expansion of 51.44% year-on-year; basic loss per share was 23.6 Hong Kong cents.

The announcement stated that the loss was primarily due to the challenging macro environment leading to a decrease in the fair value of investment properties and losses from associates and joint ventures.