China New Cons (08275) announced its performance for the six months ended September 30, 2024, with revenue of approximately 1.0 million ...
According to the Financial APP, China New Cons (08275) announced its performance for the six months ended September 30, 2024, with revenue of approximately 0.106 billion Hong Kong dollars, a year-on-year increase of 77.88%; the company's attributable loss was 1.397 million Hong Kong dollars, a year-on-year expansion of 6.48%; loss per share was 0.3 Hong Kong cents.
The announcement stated that the revenue growth was mainly due to an increase in income from construction projects. The loss was mainly due to the net impact of the following factors: increased profit margin from newly awarded construction projects leading to increased construction revenue and gross profit; fair value loss on trading securities; and deferred tax provision.
