China Tangshang Holdings Reports Interim Loss Amid Revenue Decline

China Tangshang Holdings Limited. (HK:0674) has released an update.

China Tangshang Holdings Limited reported a challenging financial performance for the six months ending September 2024, with a significant drop in revenue to HK$328 million from HK$784 million the previous year. The company also reported a comprehensive loss of HK$38.5 million, compared to a profit of HK$64.3 million in the same period last year, indicating a tough market environment. Investors should note the notable decrease in earnings per share, which turned negative at HK$1.15 per share.

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