
ASIASEC PPT released its annual performance, reporting a loss of HKD 74.752 million, turning from profit to loss year-on-year

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ASIASEC PPT released its 2024 annual performance, with revenue of HKD 47.286 million, an increase of 0.86% year-on-year. However, it reported a loss of HKD 74.752 million, compared to a profit of HKD 265 million in the same period last year, resulting in a loss of HKD 6.03 per share. The loss was mainly due to a fair value loss of HKD 67.862 million on investment properties and an increase in financing costs of HKD 15.884 million
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