GOME Retail Holdings (HK:0493) has released an update.
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GOME Retail Holdings Limited reported significant financial struggles in their unaudited interim results for the first half of 2024, with a notable increase in losses compared to the previous year. Revenue dropped sharply to 169 million RMB from 415 million RMB in 2023, and the loss per share increased from 8.2 fen to 9.4 fen. The company faced increased losses across various financial metrics, deepening concerns about its fiscal health and future prospects.
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