share_log

智纺国际控股(08521)发盈喜 预期2023年业绩同比扭亏为盈至约200万港元

Zhifang International Holdings (08521) is expecting the 2023 results to turn a year-on-year loss into a profit of about HK$2 million

Zhitong Finance ·  Mar 25 10:29

Zhifang International Holdings (08521) announced that the group is expected to generate a net profit of about HK$2 million in 2023, while 2...

Zhitong Finance App News, Zhifang International Holdings (08521) announced that the group is expected to generate a net profit of about HK$2 million in 2023 and a net loss of about HK$11 million in 2022.

According to the announcement, the expected increase in net profit is mainly due to an increase in revenue of about HK$8.9 million, due to the Group's business performance and market demand recovering from the negative impact of COVID-19; a reduction of about HK$2.2 million in administrative and other expenses, mainly due to the adoption of stricter cost control measures; there were no impairment losses on plant and equipment in the current year; and partly offset by an increase of around HK$1.6 million in impairment losses on trade receivables this year.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment