Qingdao Holdings International Limited (HK:0499) has released an update.
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Qingdao Holdings International Limited expects to report a reduced loss of approximately RMB 14 million for the first half of 2024, improving from a RMB 31 million loss in the same period of 2023. The company attributes this improvement to the cessation of a decrease in investment property values and modest revenue growth. Investors are urged to exercise caution and await the official interim results to be released on August 30, 2024.
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