China Asia Valley Group Reports Profit Surge

China Asia Valley Group Limited (HK:0063) has released an update.

China Asia Valley Group Limited has reported a remarkable turnaround with their unaudited consolidated interim results, showcasing a profit of HK$3,349,000 for the six months ending June 30, 2024, compared to a loss in the same period the previous year. The revenue has more than doubled to HK$42,705,000, reflecting a significant improvement in the company’s financial health. This positive outcome is attributed to increased revenue, other income and gains, and a fair value gain on investment properties.

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