RUISEN LIFE SER (01922) released its performance for the mid-year of 2024, with a loss attributable to shareholders of 15.38 million yuan, turning from a profit to a loss year-on-year.

RUISEN LIFE SER (01922) announced its mid-year performance for the six months ending June 30, 2024. The group achieved a revenue of 958 million yuan, an increase of 1.17% compared to the same period last year. The loss attributable to the owners of the parent company was 15.388 million yuan, compared to a profit of 44.146 million yuan in the same period last year. The basic loss per share was 5.76 cents. The announcement stated that the increase in revenue was mainly due to an increase in the number of residential and non-residential projects undertaken by the group, resulting in growth in revenue from value-added services provided.