Shun Tak Holdings Reports Narrowed Underlying Loss

Shun Tak Holdings (HK:0242) has released an update.

Shun Tak Holdings Limited reported an unaudited consolidated interim loss of HK$428 million for the first half of 2024, slightly up from HK$425 million in the previous year. The underlying loss, which adjusts for unrealised fair value changes on investment properties, was reported at HK$108 million, showing improvement from the HK$274 million loss in 2023. In line with these results, the company has decided not to issue an interim dividend.

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