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NEXION TECH: INTERIM REPORT 2024
Nexion Tech (08420) released its interim results, with shareholders' attributable losses of 3.569 million Hong Kong dollars, a decrease of 8.53% year-on-year.
Nexion Tech (08420) released the mid-term business report for the six months ending on June 30, 2024...
NEXION TECH: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Nexion Tech (08420.HK) is expected to have a shareholder loss of approximately HKD 3.6 million in the first half of the year.
On August 9th, Grorunhui reported that NEXION TECH (08420.HK) expects to record a loss of no more than approximately 3.6 million Hong Kong dollars for its equity holders for the six months ending June 30, 2024, while the equity holders' loss for the previous period was approximately 3.902 million Hong Kong dollars.
NEXION TECH: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE 2023 ANNUAL REPORT
Nexion Tech (08420) adopts Hong Kong dollars as its presentation currency for comprehensive financial statements.
NEXION TECH (08420) announced that it has adopted Hong Kong dollars as its presentation currency for its consolidated financial statements. The group's consolidated financial statements have always been presented in US dollars. Considering that the company's shares are listed on the Hong Kong Stock Exchange and traded in Hong Kong dollars, the board of directors believes that changing the presentation currency can enable shareholders and potential investors to more accurately understand the group's financial performance. Therefore, the board of directors believes that it is more appropriate for the group's consolidated financial statements to adopt Hong Kong dollars as its presentation currency. The first set of consolidated financial statements presented in Hong Kong dollars will be for the group's cutoff.
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