New Times Energy Corporation Limited (HK:0166) has released an update.
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New Times Corporation Limited reported a significant decrease in revenue and a shift to losses for the first half of 2024, compared to profits in the same period the previous year. The company saw a decline in earnings per share from a 0.66 HK cent profit to a 0.28 HK cent loss and has decided not to issue an interim dividend. These interim results reflect challenges faced by the company amid changing market conditions.
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