Summary by Moomoo AI
hk tech venture Limited (the 'company') announced its interim performance for the six months ended June 30, 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, a loss of HKD 27,478 thousand was incurred during the period, while a profit of HKD 48,696 thousand was recorded in the same period last year. The main business of the company is e-commerce and new exploration and technology business. After the reporting period, the company announced the completion of a share repurchase plan and the cancellation of 100,000,000 shares. 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 plans.
