Xiwang Property Reports First-Half 2024 Losses

Xiwang Property Holdings Co., Ltd. (HK:2088) has released an update.

Xiwang Property Holdings Co., Ltd. has released its interim financial results for the first half of 2024, revealing a loss for the period. The company’s revenue significantly decreased compared to the same period in 2023, and despite reduced administrative expenses, the loss per share remained consistent year-over-year. The results, reviewed by the audit committee but still unaudited, highlight the ongoing financial challenges faced by the property holding firm.

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