Lumina Group Reports Reduced Losses Amid Improved Margins

Lumina Group Limited (HK:1162) has released an update.

Lumina Group Limited has reported a reduction in net loss for the six months ending September 2024, thanks to improved gross profit margins in fire safety system installations and an increase in the fair value of financial assets. The company’s losses attributable to owners also decreased due to losses allocated to non-controlling interests in its short video and animation business in China. Investors should note that these figures are preliminary and unaudited.

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