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THING ON ENT: Interim Report 2024
Ministry of Housing and Urban-Rural Development: The real estate market has shown positive changes during the adjustment period, advocating the establishment of a new mechanism for urban planning and construction governance.
Minister Ni Hong of the Ministry of Housing and Urban-Rural Development stated at a press conference that the new model of real estate development should deeply understand the concept that "houses are for living, not for speculation". In terms of system, it is necessary to meet rigid housing demand with the government as the main player, and meet diversified improvement housing demand with the market as the main player. In terms of system, it is necessary to reform and improve the system of real estate development, transaction, and utilization. In terms of factor allocation, it is necessary to establish a new mechanism of coordinated linkage among "people, houses, land, and money". Ni Hong said that there have been significant changes in the supply and demand relationship in the current real estate market, and the market is still going through an adjustment period. With the implementation of various policies, positive changes have occurred in the market, and real estate.
Thing On Enterprise Widens Loss in H1
Thing on Ent (02292) released its interim results, with shareholders' net loss of 55.221 million Hong Kong dollars, a year-on-year expansion of 234.86%.
Thing On Ent (02292) released its six-month performance as of June 30, 2024, and the company earned a profit of 18...
Performance: Thing On Ent (02292.HK) half-year loss expanded to 55.221 million yuan.
Thing On Ent (02292.HK) announced its interim results as of the end of June this year, with revenue of 18.566 million yuan, up 5.6% year-on-year. Losses expanded to 55.221 million yuan, compared to a loss of 16.491 million yuan in the same period last year. Loss per share was 7.67 cents. No dividend was declared.
THING ON ENT: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
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