K W NELSON GP (08411) announced that as of December 31, 2022...
According to the Zhitong Finance App, K W NELSON GP (08411) announced that compared with the net loss of HK$3.4 million for the year ended December 31, 2022 (same period last year), the Group is expected to achieve a net loss of no less than HK$6 million for the year ended December 31, 2023.
The Board believes that this loss was mainly due to the combined effects of (1) the reduction in the number of design and decoration projects in the current year; and (2) the recognition of impairment losses of approximately HK$900,000 on trade receivables (same period last year: impairment losses refunded of HK$500,000).