coolpoint inno (08040) announced its performance for the six months ended September 30, 2024, with revenue of 0.173 billion Hong Kong dollars...
Zhijing Financial News APP, coolpoint inno (08040) announced its performance for the six months ended September 30, 2024, with revenue of 0.173 billion Hong Kong dollars, a year-on-year increase of 12.5%; the company's owners' share of losses was 6.342 million Hong Kong dollars, a year-on-year increase of 93.6%; basic loss per share was 1.87 Hong Kong cents.
During the period, the revenue from renovation projects was approximately 0.1416 billion Hong Kong dollars, an increase of about 20.3% year-on-year. This increase was mainly due to the contribution of revenue from several large renovation projects located in Tianshuiwei, The Peak, West Ring, and Jordan. These large renovation projects started after the previous period and contributed a total revenue of about 30 million Hong Kong dollars during the period.
During the period, the revenue from refurbishment projects was approximately 28.7 million Hong Kong dollars, a decrease of about 15.1% year-on-year. This decrease was mainly due to the fact that most of the renovation projects in Tsuen Wan, Causeway Bay, and The Peak were carried out in the previous fiscal year, resulting in the total revenue contribution of these projects decreasing from about 26 million Hong Kong dollars in the previous period to about 16.1 million Hong Kong dollars during the period.