MOMENTUM FIN (01152) announced its interim results, with a shareholders' net profit of HK$9.488 million, a decrease of 42.96% year-on-year. The stock will resume trading on September 16th.
15/09/2024
GMT Eight
MOMENTUM FIN (01152) released its interim performance for the six months ending on June 30, 2024. The group achieved a profit of 329 million Hong Kong dollars, a decrease of 12.45% compared to the same period last year. The attributable profit to the owners of the company was 9.488 million Hong Kong dollars, a decrease of 42.96%, with earnings per share of 0.97 Hong Kong cents.
The announcement stated that the decrease in profit was mainly due to a decrease in sales revenue from cross-border operations.
The disclosure of the interim performance for 2024 has now been published, and the company has applied to the Stock Exchange for the resumption of trading of the company's shares on the Stock Exchange starting from 9:00 am on September 16, 2024.