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TFG Group Reports Narrowed H1 Losses

TFG Group Reports Narrowed H1 Losses

TFG International Group Limited (HK:0542) has released an update.

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The China Cultural Tourism and Agriculture Group Limited reported its interim financial results for the first half of 2024, revealing a reduction in loss before tax to HK$93,734,000 compared to HK$121,479,000 in the same period last year. Revenue has decreased from HK$32,058,000 in 2023 to HK$13,489,000 in 2024, indicating a challenging first half for the company. The basic loss per share has slightly improved, down to 1.15 HK cents from 1.63 HK cents the previous year.

For further insights into HK:0542 stock, check out TipRanks’ Stock Analysis page.

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