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Grown Up Group Reports Increased Semi-Annual Loss

Grown Up Group Reports Increased Semi-Annual Loss

Grown Up Group Investment Holdings Limited (HK:1842) has released an update.

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Grown Up Group Investment Holdings Limited reported a loss for the six-month period ending June 30, 2024, with revenue decreasing to HK$150,847,000 from HK$157,131,000 compared to the same period in 2023. The company’s losses increased from HK$2,698,000 to HK$5,754,000, and both basic and diluted loss per share also rose. Despite this, the company maintains a solid current ratio of 1.5 times and a gearing ratio of 35.4%.

For further insights into HK:1842 stock, check out TipRanks’ Stock Analysis page.

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