Kong Sun Holdings Limited (HK:0295) has released an update.
Kong Sun Holdings Limited reported unaudited interim results for the first half of 2024, revealing a substantial increase in gross profit to RMB 118,550,000 from RMB 96,864,000 in the previous year, despite a decline in revenue. However, the company faced significant losses, including administrative expenses and finance costs, leading to a net loss of RMB 182,664,000 for the period, a downturn compared to a minor loss in the same period of 2023.
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