Ngai Hing Hong Expects Narrow H1 Loss

MT Newswires Live
21 Feb

Ngai Hing Hong (HKG:1047) expects to record a loss attributable to the equity holders of HK$7.2 million for the six months ended Dec. 31, 2024, compared to a loss attributable to the equity holders of the company of HK$18.4 in the previous year, according to a Thursday filing with the Hong Kong bourse.

The company attributed the reduction in loss to better operational and revenue efficiency, optimizing product portfolio, and better market reach.

The company will likely publish its interim results by Feb. 27.

Price (HKD): $0.32, Change: $+0.010, Percent Change: +3.28%

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