Central Development Holdings Reports Improved Interim Loss

Central Development Holdings Limited (HK:0475) has released an update.

Central Development Holdings Limited reported its interim results for the six months ending September 2024, showing a decrease in revenue to HK$86.7 million compared to HK$90.7 million in the previous year. Despite a higher gross profit, the company faced a net loss of HK$8.5 million, an improvement from last year’s HK$12.1 million loss. The results reflect ongoing challenges in managing administrative and finance costs.

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