China First Capital Group Logs Wider Attributable Loss in H1

MT Newswires Live2024-09-09

China First Capital Group (HKG:1269) recorded a loss attributable to owners of 222.0 million yuan for the six months ended June 30, wider than 194.2 million yuan logged for the corresponding period last year, a Monday filing with the Hong Kong Exchange said.

Attributable loss per share stood at 0.12 yuan for the reporting period, compared to 0.11 yuan recorded for the year-ago period.

The automotive, education, and financial service company's revenue for the first half of this year was 877.6 million yuan, 20.4% higher than 728.9 million yuan booked a year ago. The company attributed the increase in revenue to an increase in sales of automotive parts during the period.

The company's shares were down nearly 2% in recent trade.

Price (HKD): $0.06, Change: $-0.0010, Percent Change: -1.67%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment