Frontage Holdings Reports Mixed Mid-Year Results

Frontage Holdings Corp. (HK:1521) has released an update.

Frontage Holdings Corp. reported a slight increase in revenue for the first half of 2024 compared to the same period in 2023, but experienced declines in gross profit, EBITDA, and net profit margins. The company has chosen not to declare an interim dividend and has adjusted certain financial measures to better reflect its operational performance while emphasizing that these are non-IFRS measures and should not be viewed as a substitute for IFRS results.

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