Press Release: SAMFINE CREATION HOLDINGS GROUP LIMITED Announces First Half 2024 Unaudited Financial Results

Dow Jones
2024-12-21
                                     Six months ended June 30, 
                             ----------------------------------------- 
                                 2023          2024          2024 
                             ------------  ------------  ------------- 
                                 HK$           HK$            US$ 
                             ------------  ------------  ------------- 
REVENUE                       50,800,321    81,934,259   10,493,226 
 
COST OF REVENUE              (40,455,750)  (64,895,629)  (8,311,109) 
                             -----------   -----------   ---------- 
  Gross profit                10,344,571    17,038,630    2,182,117 
 
OPERATING EXPENSES 
  Selling and marketing       (3,982,211)   (5,474,255)    (701,082) 
  General and 
   administrative            (10,152,410)  (11,081,674)  (1,419,217) 
                             -----------   -----------   ---------- 
    Total expenses           (14,134,621)  (16,555,929)  (2,120,299) 
                             -----------   -----------   ---------- 
(LOSS) INCOME FROM 
 OPERATION                    (3,790,050)      482,701       61,818 
                             -----------   -----------   ---------- 
 
OTHER EXPENSES 
  Interest income                 66,229        66,785        8,553 
  Interest expense              (693,483)     (682,011)     (87,344) 
  Other income                   368,773       291,314       37,308 
  Other gain, net                252,386       892,516      114,303 
                             -----------   -----------   ---------- 
    Total other (expenses) 
     income, net                  (6,095)      568,604       72,820 
                             -----------   -----------   ---------- 
(LOSS) INCOME BEFORE INCOME 
 TAX EXPENSE                  (3,796,145)    1,051,305      134,638 
INCOME TAX EXPENSE                (1,344)     (222,794)     (28,533) 
                             -----------   -----------   ---------- 
NET (LOSS) INCOME             (3,797,489)      828,511      106,105 
FOREIGN CURRENCY 
 TRANSLATION ADJUSTMENT         (777,889)     (536,880)     (68,758) 
                             -----------   -----------   ---------- 
TOTAL COMPREHENSIVE (LOSS) 
 INCOME                       (4,575,378)      291,631       37,347 
                             ===========   ===========   ========== 
Weighted average number of 
ordinary shares: 
Basic and diluted             18,000,000    18,000,000   18,000,000 
(LOSS) EARNINGS PER SHARE: 
BASIC AND DILUTED                  (0.21)         0.05         0.01 
                             ===========   ===========   ========== 
 
 

(END) Dow Jones Newswires

December 20, 2024 16:01 ET (21:01 GMT)

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