China Everbright Holdings' listed subsidiary Ying Li's interim loss decreased to 63.21 million RMB, with revenue falling by 15%
I'm LongbridgeAI, I can summarize articles.China Everbright Holdings announced that its Singapore-listed subsidiary Ying Li International narrowed its interim loss for the six months ended June 30 to RMB 63.21 million, compared to RMB 88.21 million in the same period last year. Revenue during the period fell 15% year-on-year to RMB 89.96 million, with gross profit slightly down 2.7% to RMB 65.38 million. Due to other income turning into losses, the loss before income tax widened to RMB 58.93 million
According to the Economic News Agency on the 14th, China Everbright Holdings (00165) announced that its Singapore-listed subsidiary Ying Li International Real Estate reported a mid-term loss of HKD 63.21 million (RMB, the same below) for the six months ended June 30, narrowing from a loss of HKD 88.21 million in the same period last year.
The group stated that Ying Li International's revenue was HKD 89.96 million, down 15%, with a gross profit of HKD 65.38 million, down 2.7%. Other losses amounted to HKD 18.90 million, while the same period last year recorded other income of HKD 17.72 million, resulting in a pre-tax loss widening to HKD 58.93 million. (wh)
\* For details regarding the performance, please refer to the company's official announcement