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Keyne Ltd. Reports Significant Financial Loss in Interim Results

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Keyne Ltd. Reports Significant Financial Loss in Interim Results

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Keyne Ltd. ( (HK:0009) ) just unveiled an announcement.

Keyne Ltd. reported its unaudited interim results for the six months ending June 30, 2024, revealing a significant financial downturn. The company experienced a substantial operating loss of HK$7,149,000, compared to a loss of HK$1,350,000 in the same period last year. Revenue dropped to zero from HK$13,467,000, while finance costs increased slightly. The loss before income tax widened to HK$111,907,000 from HK$103,541,000, indicating ongoing financial challenges.

More about Keyne Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: HK$46.39M

See more insights into 0009 stock on TipRanks’ Stock Analysis page.

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