Cheuk Nang Holdings (00131) released its interim results, with a loss attributable to shareholders of HK$49.518 million, turning from a profit to a loss year-on-year.

CHEUK NANG HOLDINGS (00131) announced its interim results for the six months ending on December 31, 2024. The group earned revenue of HK$77.685 million, a 1% decrease compared to the same period last year. The company's shareholders' net loss was HK$49.518 million, compared to a profit of HK$313 million in the same period last year. The loss per share was HK$0.08, and the company plans to distribute an interim dividend of HK$0.225 per share. In terms of property sales, the sales amount of Shenzhen properties in 2024 increased by 1.5% compared to 2023, reaching HK$61.798 million (2023: HK$60.902 million). For property leasing, rental income in 2024 decreased by 6.5% compared to 2023, reaching HK$15.887 million (2023: HK$16.993 million).