Loss attributable to interim shareholders of Sime Holdings (00756) widened 49% to 32.731 million yuan


Sime Holdings LTD. (00756) released the results for the six months ended December 31, 2021, the group achieved revenue of 19.635 million Yuan (the same unit below), a year-on-year decrease of 66.6%;The loss during the period was 32.731 million yuan, an increase of 49%;A loss of 1.4 cents per share.The announcement said the decrease was due to the COVID-19 outbreak in Hong Kong, China and Malaysia.On the other hand, the Group achieved earnings before interest, tax, depreciation and amortization (EBITDA) of approximately 6.664 million yuan, compared to an EBITDA loss of approximately 4.713 million yuan in the same period last year.The group’s management expects to invest more resources to enhance the Sime Brand and enhance the group’s future profitability by leveraging its brand awareness in Mainland China, Hong Kong, China and Southeast Asia.This article is from Zhitong Financial network

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