Chinasinostar (00485) announced its interim performance for the six months ended September 30, 2024, with revenue of 1474...
According to the Zhitong Finance app, Chinasinostar (00485) announced its interim performance for the six months ended September 30, 2024, with revenue of 14.74 million Hong Kong dollars, a 34.19% decrease year-on-year; a loss of 3.588 million Hong Kong dollars during the period, a 43.81% increase year-on-year; and a basic loss per share of 1.69 Hong Kong cents.
The announcement stated that, in order to align with the group's business strategy and direction, the group has reallocated its resources and restructured its assets portfolio in previous years to expand its business scope in the property development and related services segments. As of the fiscal year ended September 30, 2024, the majority of the group's revenue came from property development and hydroelectric business, with a small portion from property investment and property management business.
