Kin Pang Holdings Posts Widening H1 Losses
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Kin Pang Holdings Posts Widening H1 Losses

Kin Pang Holdings Ltd. (HK:1722) has released an update.

Kin Pang Holdings Ltd. has released its unaudited interim financial results for the first half of 2024, revealing a widening loss with a total comprehensive loss for the period at MOP 11,248,000 compared to MOP 6,772,000 in the previous year. The report highlights a significant increase in revenue to MOP 338,279,000, up from MOP 212,986,000, but this was offset by higher direct costs and administrative expenses, leading to an operating loss of MOP 9,458,000.

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