Star Group Asia Reports Escalating Half-Year Loss

Star Group Company Limited (HK:1560) has released an update.

Star Group Asia Limited reports a significant increase in its half-year loss for the period ending June 30, 2024, with a net loss of HK$217,045,000 compared to HK$29,588,000 in the previous year. The company experienced a gross loss in profit as well as higher finance costs, leading to a total comprehensive loss of HK$225,922,000. Basic and diluted loss per share have escalated to HK$34.07, indicating a challenging period for the company.

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