Central Wealth Group Records Narrowed Half-Year Losses

Central Wealth Group Holdings Limited (HK:0139) has released an update.

Central Wealth Group Holdings Limited reported a significant decrease in their half-year financials for 2024, with revenues and gross profit notably lower than the previous year. The group faced a loss before income tax of HK$13,958,000, a slight improvement from the previous year’s HK$31,036,000. Despite the losses, there was a reversal of credit loss allowances and a small unrealized fair value gain on debt investments.

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