KuangChi Science Limited (HK:0439) has released an update.
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KuangChi Science Limited reported a reduced loss of HK$5,226,000 for the first half of 2024 compared to the previous year’s HK$9,099,000, according to their unaudited interim financial results. Despite a decrease in revenue from HK$33,461,000 in 2023 to HK$32,028,000 in 2024, the company saw a notable reduction in operating losses and a substantial increase in other gains. These results reflect the company’s financial performance and could influence investor interest in their stock.
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