Chenghui International (01094) released its annual results. Shareholders should account for a profit of HK$13.282 million, a year-on-year profit to loss

Zhitong Finance ·  Jun 30, 2023 06:06

Zhitong Financial APP News, Chenghui International (01094) announced its results for the year ended March 31, 2023, with revenue of about HK $272 million, an increase of 93.73% over the same period last year. The profit attributable to the owners of the company was HK $13.282 million, compared with a loss of HK $31.923 million in the same period last year.

It is understood that the annual profit is mainly due to the reversal of impairment losses on trade and other receivables and intangible assets and the reversal of tax provisions.

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