Global Chase Group (08063) announced that the Group's loss forecast for the year ended December 31, 2023...
According to the Zhitong Finance App, Global Chase Group (08063) announced that the Group's loss for the year ended December 31, 2023 is expected to be reduced by about 76% to 81% compared to the 2022 fiscal year's loss of HK$163 million.
The decrease in losses was mainly due to a reduction in anticipated credit loss provisions for loans receivable; a reduction in anticipated credit loss provisions for securities and margin accounts receivable; and no income tax expenses of HK$12.4 million for the previous year.