World Houseware (Holdings) (HK:0713) has released an update.
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World Houseware (Holdings) Limited reported their unaudited interim financial results, revealing a loss for the six-month period ending June 30, 2024, which has deepened from the previous year. Despite a reduction in costs of sales and administrative expenses, the company faced a significant loss arising from changes in the fair value of long-term assets, leading to a comprehensive expense increase. The basic and diluted loss per share also increased, reflecting the company’s ongoing financial challenges.
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