Zhong Jia Guo Xin Holdings Widens Attributable Loss for Six Months to September

MT Newswires Live

Nov 26, 2024

Zhong Jia Guo Xin Holdings (HKG:0899) recorded a loss attributable to owners of HK$15.7 million for the six months ended Sept. 30, wider than the HK$12.9 million loss logged for the corresponding period last year, a Tuesday filing with the Hong Kong Exchange said.

Loss per share attributable to owners stood at HK$0.013 for the reporting period, compared with HK$0.014 recorded for the year-ago period.

The property developer's revenue for the six months under review was HK$9.6 million, higher than HK$7.6 million booked a year ago.

The company attributed the increase in revenue to the addition of diversified new sources of revenue including water business in Hunan and leasing income from refund properties in Beijing.

The company's shares were down over 9% on Tuesday's close.

Price (HKD): $0.08, Change: $-0.0080, Percent Change: -9.20%

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