XINKONG INT CAP announced that for the year 2024, the loss attributable to equity holders is approximately HKD 643 million, a year-on-year decrease of 33.56%

XINKONG INT CAP announced its 2024 performance, with revenue of HKD 92.441 million, a year-on-year decrease of 54.27%. The loss attributable to equity holders was approximately HKD 643 million, a year-on-year narrowing of 33.56%. The basic loss per share was HKD 0.074. The reduction in loss was mainly due to a decrease in impairment provisions for investments in debt instruments, accounts receivable, loans, and margin financing, as well as a reduction in financing costs and other operating expenses