Zhitong Finance App News, Zhuyou Intelligent Manufacturing Technology (00726) issued an announcement. Compared with the net loss of HK$148 million attributable to company owners for the year ended December 31, 2022, the Group expects to achieve a net loss attributable to owners of approximately HK$330 million for the year ended 31 December 2023.
The anticipated loss for the year ended 31 December 2023 is mainly due to a 43% decrease in revenue from sales of prefabricated building components and decoration and garden services, as well as a decrease in gross margin from various business activities due to the impact of the industry environment, decreased factory capacity utilization, decreased revenue, increased fixed costs per unit; decoration and garden suspended new orders in the second half of 2023 due to business adjustments; and a decrease of approximately HK$48.8 million in revenue from technology licensing for the year ended December 31, 2023 compared to the same period in 2022 due to prefabricated assembly The investment attitude of building component factories has become more cautious.