Zhitong Financial APP News, Yihe Holdings (01662) announced its annual results for the year ended March 31, 2023, with continuing business income of about HK $708 million, down 3.83% from the same period last year; profit attributable to the company's owners was HK $12.079 million, down 69.43% from the same period last year; earnings per share were HK $0.02.
According to the announcement, the decrease is mainly due to a decrease of approximately HK $30.5 million in revenue from foundation and other civil works and a decrease of approximately HK $1 million in revenue from tunnel works and the recognition of rental income and management fee income of approximately HK $3.2 million in the financial year 2023.