SUNWAH KINGSWAY (00188) released its interim results, with a net loss attributable to shareholders of HK$25.187 million, a year-on-year decrease of 15.9%.

SUNWAH KINGSWAY (00188) released its financial performance for the six months ending on December 31, 2024. The group achieved a revenue of HK$22.663 million, a decrease of 1.54% year-on-year; the company's attributable loss to shareholders was HK$25.187 million, a decrease of 15.9% year-on-year; basic loss per share was 3.38 HK cents. According to the announcement, the investment market has heated up again in January and February 2025. The expectation of more favorable policies towards China outweighed the negative impact of higher trade tariffs and other restrictions imposed by the United States on China. The Hang Seng Index broke through the high set in October 2024, and market turnover remained high. If the bullish sentiment continues, the company's performance is expected to improve.