Hung Hing Printing Group Limited (HK:0450) has released an update.
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Hung Hing Printing Group Limited reported a challenging interim period with a loss of HK$7,622,000 for the six months ending June 30, 2024, compared to a profit of HK$79,972,000 in the previous year. This downturn is attributable to a decrease in revenue and other net gains, coupled with an increase in distribution costs and a decline in other comprehensive income. The overall comprehensive income for the period also saw a significant decline, impacting both the company and its non-controlling interests.
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