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先施(00244.HK)中期综合收益7440万港元 同比增加约7.6%

Xianshi (00244.HK)'s medium-term comprehensive income of HK$74.4 million increased by about 7.6% year-on-year

Gelonghui Finance ·  08/28/2023 19:14

Gelonghui August 28?First 00244.HK announcementInterim results 2023Consolidated income was about HK $74.4 million, up about 7.6 per cent from a year earlier. The loss attributable to the company's equity holders was about HK $17.5 million, which was about 54.1 per cent lower than in the first half of 2022.The company's equity holders should account for a loss of HK $0.01 per share.

The decrease in loss was mainly due to (I) the gradual recovery of economic activity in Hong Kong and the re-opening of customs clearance with mainland China in the first half of 2023, resulting in an increase of about HK $5.5 million in revenue from the group's department store business in the first half of 2023; (ii) the improvement in gross profit margin from about 55% to about 59%; and (iii) the closure of a store at the end of 2022 and the reduction of depreciation of right-of-use assets by about HK $11 million as a result of rent concessions in department stores.

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