Vision Deal HK Shows Narrowed Bi-Annual Losses

Vision Deal HK Acquisition Corp. Class A (HK:7827) has released an update.

Vision Deal HK Acquisition Corp. reported its unaudited interim financial results for the six-month period ending June 30, 2024, showing a narrowing of losses from HK$40,878,000 in 2023 to HK$34,740,000. Despite the losses, other income showed an improvement, and administrative expenses were reduced. The company’s current assets remain robust mainly due to significant restricted bank deposits, although it faces a marginal net current liabilities position.

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