LFG Investment Swings to Loss in Fiscal H1; Shares Slide 9%
MT Newswires Live2024-12-18
LFG Investment (HKG:3938) reported a loss attributable to the owners of HK$17.5 million for the six months ended Sept. 30, compared with a profit of HK$11 million in the previous year, according to a Tuesday filing with the Hong Kong Stock Exchange.
Loss per share for the company was HK$0.043, compared with earnings per share of HK$0.0270 in the prior-year period.
The company's revenue was HK$8.6 million, an 86.5% decrease compared with HK$63.6 million the previous year.
The company's shares were down over 9% in the recent trading.
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