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Grand Field Group Shows Loss Narrowing in Interim Results

Grand Field Group Shows Loss Narrowing in Interim Results

Grand Field Group Holdings Ltd. (HK:0115) has released an update.

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In its latest interim results announcement for the six months ended June 30, 2024, Grand Field Group Holdings Limited reported a narrowed loss of HK$36,813,000 compared to a loss of HK$49,254,000 for the same period last year. Despite a decrease in revenue from HK$110,349,000 in 2023 to HK$93,698,000 in 2024, the company managed to reduce its losses in operations and finance costs, indicating a more efficient cost management. The loss per share also improved slightly from 253.7 HK cents to 210.7 HK cents.

For further insights into HK:0115 stock, check out TipRanks’ Stock Analysis page.

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