China EnvRes expects a reduction of no less than 60% in its mid-term comprehensive losses

Zhitong
2025.02.20 09:02
portai
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China EnvRes expects that the unaudited consolidated loss for the six months ending December 31, 2024, will decrease by no less than 60% compared to approximately HKD 45.3 million for the same period in 2023. The board pointed out that the reasons for the reduction in loss include decreased revenue, reduced administrative and operating expenses, fair value gains on investment properties, and lower financing costs