MADISON HLDG(08057) released its interim results, with a net loss attributable to shareholders of HK$6.885 million, a 404% increase year-on-year.

MADISON HLDG (08057) released its performance for the six months ending September 30, 2024, with a revenue of HK$34.43 million, a decrease of 0.7% year-on-year. The company's attributable loss was HK$6.885 million, an increase of 404% year-on-year, with a basic loss per share of 1.10 HK cents. During the period, the decrease in the group's revenue was mainly due to a 23.0% decrease in revenue from the wine business to approximately HK$9.7 million, partially offset by an 11.8% increase in revenue from loan financing business to approximately HK$24.7 million.