Cantelon (01912) announced its annual results for the year ended December 31, 2023. The group achieved...
According to the Zhitong Finance App, Cantelon (01912) announced annual results for the year ended December 31, 2023. The group achieved US$663.16 million during the period, a year-on-year decrease of 45.51%; loss attributable to shareholders was US$9.749 million, an increase of 515.47% over the previous year; and the basic loss per share was 0.89 US cents.
According to the announcement, the decline in revenue was mainly due to a combination of weak consumer demand and a downward cycle experienced by the semiconductor industry.