Summary by Moomoo AI
CEC International Holdings Limited (“CEC International”) has published its unaudited interim financial statements for the six months ended 31 October 2023. The report showed that the company's revenue fell to HK$750,947K from HK$888,738K in 2022, and gross profit fell from HK$325,294K to HK$302,354K. The Company's equity holders expected a significant decrease in profit over the period by 99% to HK$330K (HK$33,794K in 2022). Earnings per share declined to HK$0.05 from HK$5.07 cents. The Company's main businesses include retail operations, electronic component manufacturing and investment properties, of which retail revenues account for approximately 97% of total revenues. THE COMPANY'S SHARES HAVE BEEN LISTED ON THE MAIN BOARD OF THE HONG KONG STOCK EXCHANGE LIMITED SINCE 1999 AND ARE ULTIMATELY CONTROLLED BY THE EXECUTIVE DIRECTOR, MR. LIN KUO-CHUNG. The Interim Financial Report shall be issued by the Board of Directors for authorisation on 20 December 2023.