Greatime International Holdings Limited (HK:0844) has released an update.
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Greatime International Holdings Limited reported a higher loss for the six months ending June 30, 2024, compared to the same period in 2023, with a decrease in revenue and an increase in administrative expenses. The company’s unaudited interim results show a loss of RMB 16,269,000, a larger deficit than the RMB 11,444,000 loss reported last year. Despite facing higher costs and financial strain, the company’s gross profit has seen a slight improvement.
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