On March 6, GLONGHUI | China Strategy Capital Holdings (00235.HK) announced that compared with a loss of approximately HK$189 million recorded in the 2022 fiscal year, the Group expects to record a profit attributable to the company owner of not less than HK$20 million for the year ended 31 December 2023.
The Group's performance turned loss into profit mainly a net repayment of approximately HK$1 million in depreciation loss provisions on loans receivable (FY2022: HK$209 million provision).