Thelloy Development Group Swings to Loss in Six Months to September

MT Newswires Live
21 Nov 2024

Thelloy Development Group (HKG:1546) recorded a loss attributable to owners of HK$13.8 million for the six months ended Sept. 30, against an attributable profit of HK$240,000 logged for the corresponding period last year, a Thursday filing with the Hong Kong Exchange said.

Basic loss per share stood at HK$0.0172 for the reporting period, compared with earnings of HK$0.0003 per share recorded for the year-ago period.

The construction engineering company's revenue for the six months under review was HK$180.7 million, 41.7% higher than HK$127.5 million booked a year ago. The company attributed the increase in revenue to an increase in revenue from building construction services during the reporting period.

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