Ko Yo Chemical’s Losses Widen Despite Sales Uptick

Ko Yo Chemical (Group) Limited (HK:0827) has released an update.

Ko Yo Chemical (Group) Limited reported an unaudited loss of approximately RMB129.7 million for the first half of 2024, widening from the previous year, despite a minor turnover increase due to higher sales of specific chemicals. The company also experienced a net cash inflow from operating activities before working capital changes, profit tax, and interest payment, which increased by RMB46.1 million over the same period. No interim dividend has been declared for this period.

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