Zitong Financial App News, Heng Wei Group Holdings (08219) issued an announcement that the Group expects to obtain a profit attributable to the owners of the company of not less than HK $1 million in the six months ended June 30, 2023, and about HK $3.87 million in the six months ended June 30, 2022.
The Board is of the view that the decrease in profit attributable to the owner is mainly due to the simultaneous decline in total revenue and gross profit, and the increase in the financial costs of the Group as a result of the increase in interest rates by banks.