Summary by Moomoo AI
For the six months ended 30 September 2024, Jin Yuan Development International recorded a total revenue of approximately HK$1038.3 million, a slight increase of 1% over the same period last year. However, due to a loss on revaluation of the investment property of approximately HK$13.9 million and increased selling and distribution costs, the shareholders incurred a loss of approximately HK$4.6 million. Basic loss per share was HK$0.3 cents, a significant decrease compared to earnings per share of HK$4.9 cents in the same period last year.Management noted that despite global economic uncertainty and geopolitical tensions, the Group's business in Asia Pacific continued to grow steadily. The convenience store business grew to 482 stores in Vietnam, with revenue growth of 1.9%, while the food business...Show More