Values Cultural Posts Lower Revenue and Higher Loss

Values Cultural Investment Limited (HK:1740) has released an update.

Values Cultural Investment Limited reports a significant decrease in revenue, down by 67.7% to RMB 5.4 million for the first half of 2024, alongside an increase in net loss to RMB 15.0 million from RMB 13.1 million in the previous year. The company’s financial struggles are compounded by a recorded gross loss of RMB 1.6 million and the Board’s decision not to issue interim dividends.

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