Qijia Holdings (08395) announced that the group does not expect a net loss for the six months ending September 30, 2023...
According to the Zhitong Finance App, Qijia Holdings (08395) announced that the group expects a net loss of no more than HK$14 million for the six months ending September 30, 2023, while the Group's net profit for the six months ended September 30, 2022 is approximately HK$500,000. The Board believes that the decline is mainly due to trade receivables impairment provisions and the continued recovery of the economy from the COVID-19 pandemic, affecting furniture retail performance in Hong Kong, China and mainland China, leading to a decrease in earnings.