Shenzhen Investment Reports Substantial Mid-Year Losses

Shenzhen Investment (HK:0604) has released an update.

Shenzhen Investment Limited has released its 2024 interim results, revealing a significant downturn with a net loss of HK$1.14 billion for the six months ending June 30, compared to a modest loss the previous year. The report, reviewed by PricewaterhouseCoopers, shows a sharp decline in revenue and a substantial increase in net finance costs. The losses per share have also notably increased, indicating a challenging period for the company.

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