Summary by Moomoo AI
BC Technology Group Limited (the “Company”) announced on 4 January 2024 that its unaudited consolidated net loss for the year ended 31 December 2023 may decrease by approximately 50% from HK$5.5 billion in the previous fiscal year. The expected improvement was mainly due to a decrease in operating expenses, including a decrease in staff costs and technical expenses, as well as an increase in the company's digital assets held. The Company notes that these data are based on a preliminary review of unaudited management accounts and emphasizes that the annual results have not yet been reviewed by an auditor or audit committee. The Company will release audited annual results by the end of March 2024 and undertakes to make further announcements in accordance with the Listing Rules and the Insider Information Clause in due course.