Hong Kong Technology Venture Records Slightly Higher Order Intake for August

MT Newswires Live2024-09-13

Hong Kong Technology Venture (HKG:1137) recorded an order intake for August of HK$22.9 million, slightly higher than HK$22.6 million in July.

The company logged a total gross merchandising value on order intake of HK$710 million for August 2024, higher than HK$700 million logged last month, a Thursday filing with the Hong Kong Exchange said.

The technology and e-commerce company recorded 49,9400 average daily orders in August 2024, 1% lower than 49,900 logged for July 2024, and 5% lower than 52,000 recorded for August 2023.

The average daily GMC on order intake for August came in at HK$22.9 million, higher than HK$22.6 million logged for July but lower than HK$23.9 million from August last year.

The company recorded 618,000 unique customers and 1,657,000 monthly active HKTVmall App Users for August 2024.

The company's shares were down over 3% on Friday's close.

Price (HKD): $1.52, Change: $-0.050, Percent Change: -3.18%

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