Summary by Moomoo AI
CSC Holdings Limited (the "Company") announced its unaudited interim performance for the six months ended June 30, 2024. The report showed that the Company's revenue decreased by 61% to HK$19,888,000, mainly due to the decrease in interest income from lending business. The Company's attributable loss to owners was HK$1,926,000, with a basic loss per share of 0.01 Hong Kong cents. During this period, the Company's investment securities business did not generate any revenue and recorded a loss of HK$548,000. Revenue from lending business decreased to HK$14,662,000, but net profit increased to HK$15,025,000, mainly due to a decrease in provision for impairment losses on receivables. The Company's trading business did not generate any revenue during the period, while revenue from securities brokerage business decreased to HK$457,000. As of June 30, 2024, the Company's attributable equity to owners was HK$2,210,146,000. Management stated that it will continue to manage the business with caution and seek new business and investment opportunities.
