AMS Transport (00077) released unaudited interim performance for the six months ended September 30, 2024, with...
According to the Zhitong Financial APP, AMS Transport (00077) released unaudited interim performance for the six months ended September 30, 2024, with a revenue of 0.201 billion Hong Kong dollars, a 3.48% year-on-year increase; shareholders' attributable profit was 6.909 million Hong Kong dollars, turning from a 12.695 million Hong Kong dollar loss in the same period last year to a profit; basic earnings per share was 2.54 Hong Kong cents.
The announcement stated that the main reason for the turnaround from loss to profit was a significant reduction in the revaluation deficit of public minibus licenses during the period, dropping by approximately 84.2% from 25.08 million Hong Kong dollars in the same period last year to 3.96 million Hong Kong dollars.
