DIT Group Limited Faces Deepening Losses
Company Announcements

DIT Group Limited Faces Deepening Losses

DIT Group Limited (HK:0726) has released an update.

DIT Group Limited has released its financial results for the six months ended 30 June 2024, showing a significant increase in net loss to HK$185,064,000 compared to the previous year’s HK$106,033,000. The revenue has also decreased sharply from HK$519,569,000 in 2023 to HK$235,289,000 in 2024, indicating a challenging period for the company. The basic and diluted loss per share has worsened from HK$3.21 to HK$5.50, reflecting the increased financial strain on the company.

For further insights into HK:0726 stock, check out TipRanks’ Stock Analysis page.

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