Ding Yi Feng Holdings (00612) has released an announcement that the company is expected to incur a significant loss for the six months ending June 30, 2024, which is estimated to be not less than approximately 0.35 billion Hong Kong dollars. In the same period of 2023, the company recorded a profit of 96.96 million Hong Kong dollars. This is mainly due to unrealized losses of approximately 0.249 billion Hong Kong dollars on financial assets measured at fair value through profit or loss and impairment losses of approximately 74.9 million Hong Kong dollars on properties, buildings, and equipment for the six months ending June 30, 2024.
Ding Yi Feng Holdings (00612) has released an announcement that the company is expected to incur a significant loss for the six months ending June 30, 2024, which is estimated to be not less than approximately 0.35 billion Hong Kong dollars. In the same period of 2023, the company recorded a profit of 96.96 million Hong Kong dollars. This is mainly due to unrealized losses of approximately 0.249 billion Hong Kong dollars on financial assets measured at fair value through profit or loss and impairment losses of approximately 74.9 million Hong Kong dollars on properties, buildings, and equipment for the six months ending June 30, 2024.
