Jiu Rong Holdings Reports Increased H1 Losses

Jiu Rong Holdings Limited (HK:2358) has released an update.

Jiu Rong Holdings Limited reported its interim financial results for the first half of 2024, showing a loss after income tax of HK$20,844,000, a significant increase from the loss of HK$6,988,000 in the same period last year. The company also experienced a total comprehensive loss of HK$30,877,000 for the period, which is a slight improvement over the previous year’s HK$33,506,000 loss. These losses occurred despite an increase in revenue from HK$353,372,000 in 2023 to HK$365,595,000 in 2024.

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