Greenland Hong Kong Holdings (DE:QFRA) has released an update.
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Greenland Hong Kong Holdings Limited reported a loss for the first half of 2024, with a significant decrease in revenue and profit before tax compared to the same period in 2023. The company’s total comprehensive income also saw a substantial decline, reflecting a tough period for the business. This financial downturn is attributed to higher costs, losses on fair value of investment properties, and other expenses outpacing revenues and other income.
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