Taung Gold Reports Increased Biannual Losses

Taung Gold International Limited (HK:0621) has released an update.

Taung Gold International Limited has reported an unaudited consolidated loss of HK$9,904,000 for the first half of 2023, which marks an increase in losses compared to HK$7,942,000 for the same period in the previous year. The company also faced a significant other comprehensive expense, resulting in a total comprehensive expense of HK$181,751,000 in 2023, which however shows improvement from HK$622,699,000 in 2022. Basic and diluted loss per share remained constant at HK$0.05.

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