Sunway International Reports Increased H1 Losses

Sunway International Holdings Limited (HK:0058) has released an update.

Sunway International Holdings Limited reported unaudited interim financial results for the first half of 2024, revealing a net loss of HK$19,099,000, which is slightly larger than the loss in the same period of 2023. The company’s revenue declined to HK$100,511,000 from HK$115,611,000 the previous year, indicating a decrease in both revenue and gross profit. The financial report highlights challenges the company faces, including increased net losses and reduced revenue compared to the previous year.

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