Telecom Digital Reports Decline in Interim Profit

Telecom Digital Holdings Ltd (HK:6033) has released an update.

Telecom Digital Holdings Ltd reported a significant drop in its interim profit for the six months ending September 2024, with net income falling to HK$22.8 million from HK$58.1 million the previous year. The company’s revenue also declined, impacted by increased costs and reduced other income. Despite these challenges, the firm saw a positive gain from financial assets, signaling potential resilience in its investment strategy.

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