Henderson Development (00097) announced results for the year ended December 31, 2023, with revenue of HK$1,551 billion...
According to the Zhitong Finance App, Henderson Development (00097) announced its annual results for the year ended December 31, 2023, with revenue of HK$1,551 billion, a year-on-year decrease of 13.16%; losses attributable to shareholders of HK$72 million compared with a profit of HK$5 million in the same period last year; loss of HK2.4 cents per share.
According to the announcement, the loss was mainly due to APITA in Taikoo Shing due to a phased renovation project, which reduced customer demand for food and daily necessities in the Group's supermarkets due to the cancellation of social distancing measures from the end of 2022; and the decline in the Group's retail sales due to increased outbound travel and cross-border consumption and shopping.