Zhitong Financial App News, Xinhua Communications Media (00309) released its results for the year ended March 31, 2023. The group earned HK $274 million in revenue, down 1% from the same period last year. The company's owners had a loss of HK $17.671 million, an increase of 6.13% over the same period last year, and a loss of HK $0.0096 per share.
According to the announcement, the slight decrease in revenue was mainly due to the expiry and non-renewal of a number of contracts during the year and the previous year, which were offset by the Group's success in obtaining a number of new cleaning contracts during the year. in particular, the company successfully secured a service contract for one of the largest catering facilities in Hong Kong.