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CASSAVA RES: Interim report for the six months ended 30 September 2024
Cassava res (00841.HK) interim profit turned into a loss of 9 million Hong Kong dollars.
Gelonghui, November 29th丨Cassava res (00841.HK) announced that for the six months ending September 30, 2024, the group's revenue from the procurement and sale of dried cassava chips was approximately 0.438 billion Hong Kong dollars, a year-on-year decrease of about 47.8%. The group's revenue decline is mainly due to the decrease in sales volume and average selling price of dried cassava chips. The group reported a loss of approximately 9 million Hong Kong dollars (2023: profit of approximately 16.4 million Hong Kong dollars). The loss attributable to shareholders of the company was 1.5 Hong Kong cents per share. During this period, the high interest rate environment continued to cause significant damage to the global economy, and the export industry in mainland China was severely depressed. The industrial and commercial enterprises in mainland China continued.
CASSAVA RES: Interim result announcement for six months ended 30 September 2024
Asia Cassava Resources Holdings Records Wider Loss in Fiscal 2024
CASSAVA RES: Annual Report 2024
Cassava res (00841.HK) suffered a yearly loss of 111 million yuan.
Cassava res (00841.HK) announced its financial performance for the year ending in March, with revenue of 1.193 billion yuan, a 69.9% year-on-year decrease. The loss increased from 94.71 million yuan in the previous year to 111 million yuan, with a loss of 19.04 cents per share. No final dividend will be paid.
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