On November 25, Gelonghui announced that tokyo chuo (01939.HK) reported that for the six months ending September 30, 2024, the group's unaudited consolidated revenue was approximately 31.9 million Hong Kong dollars, a decrease of about 0.9% compared to the same period in 2023; the loss attributable to shareholders was approximately 1.1 million Hong Kong dollars (for the six months ending September 30, 2023: the profit attributable to shareholders was approximately 1.6 million Hong Kong dollars). The basic and diluted loss per share was 0.23 Hong Kong cents (for the six months ending September 30, 2023: earnings per share were 0.32 Hong Kong cents). The board of directors has resolved not to declare an interim dividend for the six months ending September 30, 2024 (for the six months ending September 30, 2023: none).

During the reporting period, the revenue from art auction and related business decreased mainly due to the uncertainties in the global economy and financial markets, which have negatively impacted the Chinese and Japanese art markets, particularly in terms of unpredictable market demand, the value and condition of artworks, and the overall development of the art auction market.