Champion Technology Swings to Loss in July-December 2024; Shares Slide 5%

MT Newswires Live
02-28

Champion Technology (HKG:0092) reported a loss attributable to the owners of HK$21.6 million for the six months ended Dec. 31, compared with a profit of HK$50.6 million in the previous year, according to a Thursday filing with the Hong Kong Stock Exchange.

Loss per share came in at HK$0.0267, compared with earnings per share of HK$0.0736 in the prior-year period.

The company's revenue fell to HK$21.7 million, from HK$89.3 million a year earlier.

The gas oil trader's share prices were down by 5% in recent trading.

Price (HKD): $0.21, Change: $-0.010, Percent Change: -4.61%

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