
YING HAI GROUP released its 2024 annual performance, with a net loss of HKD 9.514 million, an increase of 273.7% year-on-year

According to the Zhitong Finance APP, YING HAI GROUP released its 2024 annual performance, with revenue of HKD 105 million, a year-on-year increase of 10.9%; a net loss of HKD 9.514 million, a year-on-year increase of 273.7%; and a basic loss per share of HKD 0.79. The increase in losses during the period was mainly due to increased salary expenses; a decrease in the fair value of investment properties; impairment losses recognized based on the expected credit loss model (net); and impairment losses recognized for properties, plants, and equipment
According to the Zhitong Finance APP, YING HAI GROUP (08668) released its 2024 annual performance, with revenue of HKD 105 million, a year-on-year increase of 10.9%; a net loss of HKD 9.514 million, a year-on-year increase of 273.7%; and a basic loss per share of HKD 0.79.
The increase in losses during the period was mainly due to increased salary expenses; a decrease in the fair value of investment properties; impairment losses recognized based on the expected credit loss model (net); and impairment losses recognized for properties, plants, and equipment

