NOVAUTEK (00519) released its interim performance, with a shareholders' loss of HK$71.226 million, an increase of 113.55% year-on-year.
Nokia Technology (00519) released its interim results for the six months ending December 31, 2024, in which the group recorded...
NOVAUTEK (00519) released its interim results for the six months ending on December 31, 2024. The Group achieved a revenue of HK$14.46 million, a decrease of 35.24% year-on-year; the attributable loss to owners of the company was HK$71.226 million, an increase of 113.55% year-on-year; with a loss per share of HK$0.0233.
The announcement stated that the loss for the six months ending on December 31, 2024 was mainly due to a decrease in fair value of investment properties of HK$43.982 million and a decrease in fair value of financial assets recognized in profit or loss of HK$24.357 million.
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