Zhidao International (Holdings) (HK:1220) has released an update.
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Zhidao International (Holdings) Limited reported a significant decline in its interim financial results for the six months ending September 2024, with a net loss of HK$4.4 million compared to a profit of HK$10.7 million in the same period last year. The company’s revenue fell sharply from HK$186.9 million to HK$3.3 million, highlighting challenges in their business operations. Investors should note the substantial drop in earnings per share, which turned negative during this period.
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