Neway Group Reports Improved Half-Year Results

Neway Group Holdings Limited (HK:0055) has released an update.

Neway Group Holdings Limited reported an increase in total revenue to HK$199,197,000 for the first half of 2024, up from HK$185,114,000 for the same period the previous year. Despite higher revenues, the company experienced a net loss of HK$40,109,000, an improvement from the prior year’s loss of HK$57,345,000. The report also noted a significant reduction in comprehensive loss for the period, falling to HK$48,489,000 from HK$73,208,000.

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