Beijing Capital Grand Limited (HK:1329) has released an update.
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Beijing Capital Grand Limited reported its unaudited interim consolidated financial results for the first half of 2024, revealing a loss from continuing operations at RMB 148.7 million compared to a loss of RMB 224.6 million in the same period the previous year. Despite the reduced loss, the company experienced a significant drop in profit from a gain of RMB 90.1 million last year to a loss due to discontinued operations. These results reflect the challenges faced by the company in a competitive and changing economic landscape.
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