CHINA ENV RES (01130) released its interim results, with a net loss of HK$15.188 million attributable to shareholders, a year-on-year decrease of 67.05%.
28/02/2025
GMT Eight
CHINA ENV RES (01130) released its interim results for the six months ended December 31, 2024, with revenue of HK$29.799 million, a decrease of 26.53% year-on-year; a net loss attributable to shareholders of HK$15.188 million, a decrease of 67.05% year-on-year; and a loss per share of 3 HK cents.
It is reported that the decrease in loss was mainly due to the decrease in loss of approximately HK$6.654 million generated from changes in fair value of biological assets and selling costs incurred in the six months ended December 31, 2024; and an increase in fair value gain of approximately HK$1.335 million from investment properties.