Li Bao Ge Group Ltd. (HK:1869) has released an update.
Kafelaku Coffee Holding Limited reports a challenging interim financial performance for the first half of 2024, with a 20.3% decline in revenue to approximately HK$74.5 million, and a significant increase in losses to HK$13.9 million, compared to HK$4.1 million in the same period last year. The loss per share also rose to HK1.23 cents, indicating a tougher period for the company and its shareholders.
For further insights into HK:1869 stock, check out TipRanks’ Stock Analysis page.