According to the Zhitong Finance App, Bank of Hong Kong Holdings (08162) announced that the company is expected to obtain a comprehensive net profit of not less than HK$15 million for the year ended December 31, 2023. Compared with the consolidated net loss attributable to the company owner in 2022, it has achieved significant growth and turned a loss into profit and achieved significant growth, mainly due to the Group's comprehensive revenue growth in Hong Kong, mainland China and the international metal trading and metal supply chain business and education management services business in mainland China.
Factors driving the growth of the metals business include that in the context of the gradual normalization and recovery of global trade in 2023, the Group's metals business maintained a continuous growth trend, and the Group's long-term industrial layout accumulated and continued promotion, successfully broadened the product range of the metals business and expanded international trade. In 2023, the Group has successfully established stable customer relationships with a number of large state-owned enterprises, large integrated key enterprises and international enterprises in mainland China. The number of customers increased from 4 in 2022 to 9 in 2023. Two new customers were added in the first quarter of 2024. As of the date of publication of this announcement, the total number of Group customers had reached 11.
The growth in the education management service business is mainly due to the gradual return to normal education, teaching and extracurricular courses and activities for students in mainland China, and the Group was able to grasp the increase in demand in 2023 and maintain the stability and sustainable development of the education management service business.
In the fourth quarter of 2023, the Group added a new humanistic quality nature experience education provider customer. In 2023, 9 customers in the education management service business include 4 arts and sports education and training institutions, 2 kindergartens, 2 humanistic quality nature experience education providers, and 1 educational textbook and book publisher. As of the date of this announcement, these customers have maintained business dealings with the Group.