Zhitong Financial APP News, Yi Lighting (08222) issued an announcement that it is expected that the group's net loss attributable to the company owner for the three months ended June 30, 2023 is not less than HK $200000, compared with the net profit attributable to the company owner for the three months ended June 30, 2022 is about HK $2.2 million.
The announcement said that the change was mainly due to the continued weak atmosphere in the retail industry in Hong Kong, which had a negative impact on sales; more renewed lease agreements during the period, resulting in an increase in depreciation of right-to-use assets; and government subsidies for the employment protection scheme for the three months ending June 30, 2022.