Gelonghui June 29?01711.HK announced that due to the difficult business environment, the groupYear ended March 31, 2023The total revenue inevitably decreased to HK $216 million and the gross profit was HK $133 million. Revenue from the retail segment was HK $195 million, accounting for 90.2 per cent of the group's total revenue. Together, the retail revenue of "European Furniture" and "European Chemical Home Zun Shang Store" is HK $110 million, which is still the main source of income, accounting for 56.4% of the total retail revenue. The combined retail revenue of "Slumberland" and "Opel" increased to HK $48.2 million, accounting for 24.7 per cent of total retail revenue. "At homeRetail revenue was HK $36.8 million, accounting for 18.9 per cent of total retail revenue.
Due to the decline in the Group's total income and the recognition of significant impairment provisions for the relevant right-to-use assets and property, plant and equipment after impairment assessment, the GroupYear ended March 31, 2023Recorded a net loss of HK $21 million (2022: net profit of HK $4.1 million). The basic loss per share was HK2.63 cents.