Summary by Futu AI
HK Tech Venture Limited (the "Company") announces its interim performance for the six months ended 30 June 2024. During the period, the Company recorded a turnover of HKD 1,897,548 thousand, an increase of 3.8% compared to the same period last year. However, the loss for the period was HKD 27,478 thousand, compared to a profit of HKD 48,696 thousand in the same period last year. The Company's main business is in e-commerce and new exploration and technology, and it announced the completion of a share repurchase program to cancel 100,000,000 shares after the reporting period. The board of directors has decided not to declare an interim dividend in order to retain funds for future capital expenditure plans, new venture capital projects, and share repurchase programs.