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China PPT Inv (00736.HK) appoints Zhao Mingwei as a business consultant.
China PPT Inv (00736.HK) announced on August 12th that Mr. Zhao Mingwei has been appointed as the company's business consultant from August 12th, 2024.
CHINA PPT INV: ANNUAL REPORT 2024
China PPT Inv (00736) announced its annual performance with a net loss of about 131 million Hong Kong dollars, a year-on-year expansion of 128.78%.
According to the annual performance report until March 31, 2024 released by China PPT Inv (00736), the revenue was 66,393,000 Hong Kong dollars, a decrease of 2.73% compared to the previous year; the net loss was approximately 131 million Hong Kong dollars, a year-on-year increase of 128.78%; and the loss per share was 49 Hong Kong cents. The announcement stated that the decrease in revenue was mainly due to the government's acquisition of a land in the area where one of the Group's investment properties is located, which resulted in a decrease in rental income. The loss was mainly attributed to the expected credit loss from accounts receivable and interest receivable from lending business, trade and other accounts receivable, as well as the valuation loss of investment properties, respectively.
Express News | China Properties Investment Holdings FY Revenue HKD 66.39 Million
Express News | China Properties Investment Holdings FY Net Income HKD -130.82 Million
CHINA PPT INV: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEARENDED 31 MARCH 2024
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