Tree Bear Financial Group (08226) issued an announcement. Compared with the loss of approximately HK$57.9 million in 2022, it is expected...
According to the Zhitong Finance App, Shuxiong Financial Group (08226) issued an announcement. Compared with the loss of approximately HK$57.9 million in 2022, the Group is expected to make a profit of not more than HK$10 million for the year ended December 31, 2023.
Based on relevant information currently available to the board of directors, the board believes that the net loss forecast will be reversed to net profit mainly due to (including) the increase in interest income of the Group to approximately HK$26 million (2022: HK$13.9 million), an increase of 87.1% over 2022; and a loss of approximately HK$73.9 million from the sale of the investment in Hong Kong Aerospace Science and Technology Group Limited (stock code: 1725) included in the previous year.