GR Properties Limited (HK:0108) has released an update.
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GR Life Style Company Limited reported a modest revenue increase of 5.1% year-over-year for the first half of 2024, reaching HK$178.2 million. However, profits before tax saw a significant decline, dropping from HK$46.6 million in the previous year to just HK$0.7 million. The profit attributable to shareholders also fell sharply to HK$0.3 million from HK$39.3 million for the same period in 2023.
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