Jinyi Group Holdings (00565) announced that it expects the Group's net net for the six months ended December 31, 2023...
According to the Zhitong Finance App, Jinyi Group Holdings (00565) announced that the Group's net loss for the six months ended December 31, 2023 will be reduced to approximately HK$38 million, compared with a net loss of approximately HK$391 million for the six months ended 31 December 2022. The board of directors believes that this reduction in net losses is mainly due to the stability of the real estate market in Zhengzhou, China in the second half of 2023, which led to a decrease in fair value losses for the Group's investment properties.