Sun Hung Kai & Co. Limited (HK:0086) has released an update.
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Sun Hung Kai & Co. Limited has reported a notable turnaround with its interim results, showcasing a profit of HK$184.5 million for the six months ended 30 June 2024, compared to a loss in the previous year. The company experienced a drop in interest income but managed to reduce certain expenses and generated positive contributions from non-controlling interests. Basic and diluted earnings per share also improved, reflecting a profitable period for the company.
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