Hengtaiyu Group (08081) issued an announcement. The Group expects its results to end on December 31, 2022...
Zhitong Finance App News, Hengtaiyu Group (08081) issued an announcement. The Group expects its performance to improve from annual profit of about HK$9.925 million for the year ended 31 December 2022 to no less than HK$12 million for the year ended 31 December 2023, mainly due to the combined impact of the following: For the year ended 31 December 2023, the Group confirmed revenue of about 72.145 million as a wholly-owned subsidiary of the sales company on May 31, 2023. Hong Kong dollars, and for the year ended 31 December 2022, the Group confirmed revenue of approximately HK$26.97 million due to the sale of Dynamic Indonesia Holdings Limited, a wholly-owned subsidiary of the company, and its subsidiaries; the Group changed its share profits of approximately HK$11.476 million for the year ended 31 December 2022 to the Group's shared affiliate losses for the year ended 31 December 2023; and provision of administration and management for the year ended 31 December 2023 Revenue from services was drastically reduced (year ended 31 December 2022: HK$16.05 million).