Wanbaogang Group (01213) issued an announcement. The group expects to acquire shareholders for 6 months ending September 30, 2023...
According to the Zhitong Finance App, Wan Baogang Group (01213) issued an announcement. The Group expects to obtain losses attributable to shareholders of approximately HK$1.5 million to HK$3.5 million in the 6 months ending September 30, 2023, while profits attributable to shareholders of about HK$2.5 million will be obtained for the 6 months ending September 30, 2022.
According to the announcement, the sharp increase in losses attributable to shareholders was mainly due to reduced group earnings due to reduced demand for the Group's electronic components during the reporting period; and the consumer market climate tended to be cautious due to global inflation, all of which had an adverse impact on the Group's financial performance during the reporting period.