MiG International Holdings (01247) announced its annual results for the year ended December 31, 2023. The group...
According to the Zhitong Finance App, MiG International Holdings (01247) announced annual results for the year ended December 31, 2023. The group achieved a turnover of 151 million yuan (RMB, same below) during the period, an increase of 5.76% over the previous year; loss attributable to shareholders was 127.16 million yuan, an increase of 23.21% over the previous year; and a basic loss of 8.45 points per share.
The announcement said that despite the COVID-19 outbreak in mainland China in 2020, which led to a weak consumer market, online sales performance increased slightly in 2023. Coupled with the relative stability of orders received by distributors, the Group's revenue increased year over year.