Xinque Technology (01063) announced interim results. Shareholders should account for losses of HK$387.98 million, an increase of 84.62% over the previous year

According to the Zhitong Finance App, Xinke Technology (01063) announced its 2024 interim results, with revenue of HK$17.188 million, a year-on-year decrease of 57.83%; loss attributable to company owners was HK$387.98 million, an increase of 84.62% over the previous year; and a loss of 2.52 HK cents per share.

According to reports, in terms of the Group's total revenue, about 64.2% comes from trading computer-related components, clothing and beauty products, about 35.6% from interest income earned from the money lending business, and about 0.2% from securities brokerage, placement and underwriting business.