Ding Yi Feng Reports Substantial Interim Losses

China Investment Fund Company Limited (HK:0612) has released an update.

Ding Yi Feng Holdings Group International Limited released its interim financial results for the first half of 2024, revealing a significant loss of HK$368.847 million compared to a profit of HK$96.960 million in the same period last year. This downturn is attributed to notable unrealized losses on financial assets and lower net gains on disposals of subsidiaries. The company reported a sharp decline in earnings per share, from 6.56 HK cents to a loss of 23.62 HK cents.

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