Asia Energy Log (00351) announced that the group is expected to incur a loss of about 22 million Hong Kong dollars in the first half of 2024...
According to the announcement from Asia Energy Log (00351), the group is expected to incur a loss of about 22 million Hong Kong dollars in the first half of 2024, while the surplus in the same period in 2023 was about 0.065 million Hong Kong dollars. This change is mainly due to the decline of revenue in the telecommunications related business, the loss from the sale of financial assets measured at fair value through profit or loss and the fair value change of financial assets recognized in profit or loss.