According to Zhitong Finance APP, Asia Standard Group (00129) announced its interim results for the six months ending September 30, 2024, with revenue of HKD 1.583 billion, a year-on-year increase of 76%; the loss attributable to the shareholders of the company was HKD 0.386 billion, narrowing by 58%; the loss per share was HKD 0.29.

The announcement stated that the revenue growth was mainly due to the recognition of property sales for "Landmark on Robson" in Canada, with units gradually delivered to buyers after project completion. The loss narrowing was mainly due to a decrease in expected credit loss provisions for debt securities investments and profits from the aforementioned property sales, offset by reduced financial investment interest income and revaluation losses on investment properties compared to the revaluation gains of the same period last year.