Summary by Moomoo AI
ASIA FRUIT HOLDINGS LIMITED ANNOUNCES INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2023. During the period, Group revenue grew 190.5% year-on-year to RMB61.3 million. Other revenue fell 74.1% to RMB1.5 million. The Group's loss before income tax and loss attributable to our owners decreased 38.1% and 36.6%, respectively, and the basic loss per share decreased by 40.3%. In terms of financial condition, total assets decreased slightly by 4.4% and net liquid assets increased by 12.4%. The Group successfully completed the share offering during the review period to improve its financial position. China's domestic economic activity picked up following the easing of pandemic restrictions, but economic activity has recovered to normal levels. The Group's cultivation business is focused on passion fruit and is in an...Show More