China First Capital Group Logs Wider Attributable Loss in H1

MT Newswires Live
2024-09-09

China First Capital Group Logs Wider Attributable Loss in H1

China First Capital Group (HKG:1269) recorded a loss attributable to owners of 222.0 million yuan for the six months ended June 30, wider than 194.2 million yuan logged for the corresponding period last year, a Monday filing with the Hong Kong Exchange said.

Attributable loss per share stood at 0.12 yuan for the reporting period, compared to 0.11 yuan recorded for the year-ago period.

The automotive, education, and financial service company's revenue for the first half of this year was 877.6 million yuan, 20.4% higher than 728.9 million yuan booked a year ago. The company attributed the increase in revenue to an increase in sales of automotive parts during the period.

The company's shares were down nearly 2% in recent trade.

Price (HKD): $0.06, Change: $-0.0010, Percent Change: -1.67%

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