China Ting Group Holdings Limited (HK:3398) has released an update.
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China Ting Group Holdings Limited reported a decline in revenue and an increased loss for the six-month period ending June 30, 2024, compared to the same period in 2023. The company’s three primary business segments, OEM, Fashion Retail, and Property Investment, all saw a decrease in revenue, contributing to an overall revenue drop of 3.7% and a significant operating loss. The property investment business experienced the steepest decline, with fair value losses on investment properties noted as a significant item.
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