Jinxing International Holdings (02307) announced results for the year ended December 31, 2023, and the group made profits...
According to the Zhitong Finance App, Kam Hing International Holdings (02307) announced results for the year ended December 31, 2023. The group achieved revenue of HK$3.64 billion, a year-on-year decrease of 12.22%; the company's common share capital holders should account for losses of HK$133 million, an increase of 129.32% over the previous year; and a loss of 15.3 HK cents per share.
The losses due to holders of the Company's common share capital were approximately HK$132.9 million, including a one-time tax payment of approximately HK$17.4 million in respect of tax amendments in mainland China in the past year, and a one-time severance fee of approximately HK$17.3 million due to the Group's streamlining structure.