Gelonghui September 14?Green Energy Technology Group (00979.HK) announced that it is expected to record a loss attributable to its owners of approximately HK $7 million to HK $11 million for the year ended June 30, 2023, compared with about HK $27.7 million for the year ended June 30, 2022.
The Board is of the view that the decrease in loss is mainly due to a gain of about HK $6 million from the sale of the Group's subsidiaries and cost savings of about HK $3 million through business streamlining. And to reduce legal and professional fees by about HK $3 million through stringent cost control measures.