Summary by Moomoo AI
CEC INT'L HOLD announced its interim results for the six months ending October 31, 2024. During the period, the group recorded a total revenue of 0.702 billion Hong Kong dollars, a year-on-year decline of 6.5%; shareholders' equity attributable loss of 28.65 million Hong Kong dollars, compared to a profit of 0.33 million Hong Kong dollars in the same period last year. The Retail Trade segment revenue was 0.675 billion Hong Kong dollars, a year-on-year decrease of 7.1%, accounting for approximately 96% of total revenue.The poor performance in retail operations was mainly influenced by three factors: the high number of local residents traveling overseas, which did not show a significant recovery in foot traffic; Hong Kong residents tend to maintain their pandemic-related lifestyle...Show More