HLH Group Remains In The Red With A Net Loss Of $96,000 For 1H15
HLH Group reported a net loss of $96,000 for 1H15 as revenue falls 35.4 percent due to completion of the sales of corn stock in 1H14.
The group recorded other income of $0.8 million mainly from profit on the disposal of two condominium units in Cambodia and a favourable exchange gain of $0.6 million.
The group is continuously looking at potential land parcels in Cambodia for property development with the intention to launch a development project in FY15.
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