Renze Harvest Reveals Loss in 2024 Interim Results

Glory Sun Financial Group Limited (HK:1282) has released an update.

Renze Harvest International Limited has reported a significant downturn in its interim results for the first half of 2024, with a loss from operations of HK$120,209,000 compared to a profit of HK$686,428,000 in the same period last year. The company experienced a loss attributable to owners of HK$79,768,000, a stark contrast to the previous year’s profit of HK$648,690,000. These unaudited figures reflect a challenging period, including substantial impairment losses on financial assets and write-downs of property inventories.

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