Zhitong Financial APP News, Hong Kong Resources Holdings (02882) issued an announcement that the Group expects the consolidated loss attributable to the company owner to be not less than HK $89 million for the year ended June 30th, while the consolidated loss attributable to the company owner for the same period in 2022 is about HK $79 million.
The announcement said that the reason was mainly due to the resurgence of COVID-19 cases which led to the intermittent closure of stores in many parts of mainland China, resulting in a decline in retail sales and an increase in financing costs.