Future World Holdings Reports Profitable H1 2024
Company Announcements

Future World Holdings Reports Profitable H1 2024

Future World Holdings Limited (HK:0572) has released an update.

Future World Holdings Limited has released its unaudited interim results for the first half of 2024, showing a turnaround with a profit of HK$12,276,000 compared to a loss of HK$60,611,000 in the same period last year. The improvement is attributed to a significant reversal of credit loss allowances and gains in fair value of financial assets, despite a decrease in revenue and an increase in administrative expenses.

For further insights into HK:0572 stock, check out TipRanks’ Stock Analysis page.

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