Sino ICT Holdings Limited (HK:0365) has released an update.
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Sino ICT Holdings Limited has announced its unaudited interim financial results for the first half of 2024, reporting a revenue increase to HK$142.6 million from HK$117.0 million in the previous year and a reduced operating loss of HK$10.8 million compared to HK$30.6 million in the same period last year. Despite higher revenues, the company experienced a comprehensive loss of HK$25.6 million, although this is an improvement from the HK$47.2 million loss in the first half of 2023. Loss per share has also decreased to (0.74) HK cents from (1.92) HK cents year-over-year.
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