China Castson 81 Posts H1 Loss Amid Market Challenges

China Internet Investment Finance Holdings Ltd. (HK:0810) has released an update.

China Castson 81 Finance Company Limited reported their unaudited interim financial results for the first half of 2024, showcasing a significant downturn with a loss of HK$14,370,000 compared to a profit of HK$7,580,000 in the same period of the previous year. The loss per share for the period stood at HK$10.16, a stark contrast to the earnings of HK$5.36 per share in the first half of 2023. This reflects a challenging six months for the company, with gross proceeds from operations markedly reduced from HK$55,951,000 to HK$16,054,000.

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