Gelonghui July 11?Cassava Resources (00841.HK) reported revenue of about HK $3.969 billion for the year ended March 31, 2023, an increase of 10.7 per cent over the previous year. After taking into account a total loss of HK $110 million in the public value of investment properties and an impairment loss of approximately HK $57.7 million in the hotel and serviced apartment business segment, the loss attributable to equity holders of the company for the year was HK $94.7 million. The segment performance of purchasing and selling dry cassava chips for the year was about HK $97.2 million, an increase of 6.1 per cent over the previous year. The board of directors does not recommend the payment of this year's final dividend.
The company has applied to the Stock Exchange for the resumption of trading in the shares on the Stock Exchange with effect from 09:00 on 12 July 2023.