Gelin International Holdings (02700) announced interim results. Shareholders' losses amounted to HK$1,522 million, a year-on-year decrease of 66.7%

According to the Zhitong Finance App, Gelin International Holdings (02700) announced results for the six months ended June 30, 2024, with revenue of HK$25.921 million, up 3.2% year on year; loss attributable to the company's equity holders was HK$1,522 million, a decrease of 66.7% year on year; basic loss per share was HK 0.23 cents.

During this period, the Group's net loss decreased compared to the same period last year, mainly due to reduced administrative expenses during the period.