Anchorstone Holdings Reports Widened Losses

Anchorstone Holdings Limited (HK:1592) has released an update.

Anchorstone Holdings Limited reported a significant increase in its operating loss to HK$5,765,000 and a net loss of HK$8,522,000 for the first half of 2024, compared to the previous year. This comes despite a decrease in revenue from contracts with customers from HK$27,053,000 in 2023 to HK$17,634,000 in 2024. The losses per share have also deepened from HK$0.24 to HK$0.40.

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