Reuters Finance App reported that Yangtzekiang (00294) announced its interim performance for the six months ended on September 30, 2024: revenue was 75.301 million Hong Kong dollars, a 23% year-on-year decrease; a net loss of 31.773 million Hong Kong dollars, an approximately 73% year-on-year increase; loss per share was 0.15 Hong Kong dollars.

The announcement stated that the loss was mainly due to the impairment of investment properties in Hong Kong by the company, as well as losses incurred from investments in Wuxi Cotton Investment Co., Ltd. (the group owns 49% equity).