King International Reports Revenue Drop and Loss

Life Healthcare Group (HK:0928) has released an update.

King International Investment Limited, formerly Life Healthcare Group, reported a significant drop in revenue and profit for the six months ending September 2024, with a loss attributed to owners amounting to HK$1,587,000 compared to a profit of HK$1,693,000 in the previous year. The company faced increased administrative costs and exchange rate challenges, resulting in a total comprehensive expense of HK$348,000. Investors will be keen to see how the company navigates these financial hurdles moving forward.

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