Reach New Holdings (08471) released its performance for the six months ended June 30, 2024, with earnings of 39.709 million...
According to the Smart Finance app, Reach New Holdings (08471) released its performance for the six months ended June 30, 2024, with earnings of 39.709 million yuan (RMB, the same below), a year-on-year increase of 16.4%; the company's net loss attributable to owners expanded by 419.2% to 6.485 million yuan; basic loss per share was 0.7 cents.
The increase in loss was mainly due to a decrease in gross margin and an increase in administrative expenses for the six months ended June 30, 2024, compared to the same period of the previous year.
