Hongqiang Holdings (08262) announced the first quarter results for the three months ended September 30, 2023. The group took...
According to the Zhitong Finance App, Hongqiang Holdings (08262) released its first quarter results for the three months ended September 30, 2023. The group achieved revenue of HK$14.354 million, a year-on-year decrease of 52.79%; loss attributable to company owners of HK$5.101 million, an increase of 31.47% over the previous year; and a loss of HK0.64 cents per share.
According to the announcement, the decrease in earnings was due to a decrease in construction orders being executed during the relevant period.