Shin Hwa World Limited (HK:0582) has released an update.
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Shin Hwa World Limited has announced an expected reduction in its consolidated net loss of about 20% to 35% for the first half of 2024 compared to the same period in 2023. This improvement is mainly due to higher revenue from its gaming and property development sectors, along with decreased amortization, depreciation, and finance costs. Shareholders and potential investors are advised to exercise caution when dealing with the company’s securities until the official interim results are published in late August 2024.
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