ETS Group (08031) released its six-month performance report ending on June 30, 2024, with revenue of HKD 4,276.8 million, an increase of 12.3% year-on-year; net income of HKD 2.825 million, a decrease of 32.1% year-on-year; and basic earnings per share of 0.96 HK cents.
ETC Group (08031) released its six-month performance report ending on June 30, 2024, with revenue of HKD 42.768 million, an increase of 12.3% year-on-year; net income of HKD 2.825 million, a decrease of 32.1% year-on-year; and basic earnings per share of 0.96 HK cents.
The decrease in net income during this period was mainly due to an increase in expected credit losses on financial assets.