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Hybrid Kinetic Group Narrows Losses in 2024 H1
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Hybrid Kinetic Group Narrows Losses in 2024 H1

Hybrid Kinetic Group (HK:1188) has released an update.

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Hybrid Kinetic Group Limited reported unaudited condensed consolidated interim results for the first half of 2024, showing a loss for the period of HK$5,868,000, which marks an improvement from the HK$9,610,000 loss in the same period of 2023. Despite no revenue, the company managed to reduce its loss from operations and finance costs. The total comprehensive loss also saw a decrease to HK$4,491,000 in 2024 from HK$8,104,000 the previous year.

For further insights into HK:1188 stock, check out TipRanks’ Stock Analysis page.

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