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Zhongchang Holdings Reports Increased Loss in 2024 H1
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Zhongchang Holdings Reports Increased Loss in 2024 H1

Zhongchang International Holdings Group Limited (HK:0859) has released an update.

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Zhongchang International Holdings Group Limited reported their unaudited interim financial results for the first half of 2024, revealing a loss of HK$26.3 million, which is an increase from the HK$22.1 million loss in the same period the previous year. Despite a slight rise in revenue and other income, the company faced significant finance costs and a net loss in fair value of investment properties. This has resulted in a comprehensive loss for the period and a decrease in earnings per share from the prior year.

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