According to Zhitong Financial App, Guangqi Science (00439) announced its results for the first half of 2023. The company achieved a year-on-year increase of 8.18% to HK$33.5 million in revenue, a year-on-year decrease of 76% in net loss attributable to shareholders to HK$9.1 million, with a loss of HK$0.15 per share.
According to the announcement, the Group's net loss was reduced by HK$29.37 million. Mainly, the Group has achieved a further reduction in operating expenses through effective control and optimization of operating expenses.