Howkingtech International Holding Limited (HK:2440) has released an update.
Howkingtech International Holding Limited reported a significant drop in financial performance for the first half of 2024 with revenue plummeting to RMB 31,050 from RMB 176,744 in the previous year, and a net loss of RMB 30,742 compared to a profit of RMB 10,291 in the same period of 2023. This decline is reflected in the basic and diluted loss per share of RMB(14.34) cents, a stark contrast to the earnings of RMB 4.58 cents per share from the prior year. The results highlight the challenges faced by the company amidst increasing costs and other financial setbacks.
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