CHAMPION TECH released its interim results, with a loss attributable to shareholders of HKD 21.607 million, turning from profit to loss year-on-year
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CHAMPION TECH released its interim results for the period ending December 31, 2024, reporting revenue of HKD 21.662 million, a year-on-year decrease of 75.75%. The loss attributable to the company's owners was HKD 21.607 million, compared to a profit of HKD 50.59 million in the same period last year, with a basic loss per share of HKD 2.67 cents. The decrease in revenue was mainly due to a decline in contract delivery volume for smart city solution projects and renewable energy business
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