Global M Holdings (08063) released its performance for the six months ended June 30, 2024...
According to the announcement, the expansion of the shareholder's loss was mainly due to a fair value loss of HKD 12.7 million from investment properties for the six months ended June 30, 2024, compared to a fair value gain of HKD 5.5 million for the six months ended June 30, 2023; and a decrease of HKD 2.459 million in the provision for expected credit losses for accounts receivable.
The Global M Holdings (08063) announced that the expansion of the shareholder's loss was mainly due to a fair value loss of HKD 12.7 million from investment properties for the six months ended June 30, 2024, compared to a fair value gain of HKD 5.5 million for the six months ended June 30, 2023; and a decrease of HKD 2.459 million in the provision for expected credit losses for accounts receivable.
