Silver Grant Reports Increased Interim Losses

Silver Grant International Holdings Group (DE:YSG) has released an update.

Silver Grant International Holdings Group Limited reports a significant loss in its 2024 interim results, with a loss for the period of HK$334,873,000 compared to HK$69,595,000 in the previous year. The company experienced a decrease in rental income, a change in fair value of financial assets, and higher finance costs which contributed to the increased losses. Basic and diluted loss per share also rose sharply to 13.32 HK cents from 4.09 HK cents.

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