Shun Tak Holdings Limited Reported The unaudited consolidated interim loss for the first half of 2024 was HK$428 million.
This compares to HK$425 million for the same period in 2023. However, revenue grew by more than 44% to HK$2.16 billion.
The company also reported an operating profit of HK$199.7 million for the first half of this year.
[See more: This is how much of a loss Shun Tak made in the last year of the pandemic]
The company said in a regulatory filing that its basic loss for the period “after adjusting for unrealised fair value changes on investment properties” was HK$108 million, compared with a basic loss of HK$274 million in the first half of last year.
The company added that basic loss per share was 14.2 HK cents, compared with 14.1 HK cents in the same period last year.
For the year ended December 31, 2023, Xinde announced Comprehensive loss The net profit attributable to the company’s shareholders was HK$677 million.
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