Beijing Sports Culture (01803) announced its annual results for the year ended December 31, 2023, and the group made profits...
According to the Zhitong Finance App, Beijing Sports Culture (01803) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$62.388 million, a year-on-year decrease of 9.02%; losses attributable to the owners of the company were HK$49.023 million, a year-on-year decrease of 26.42%; and a loss of 3.4 HK cents per share.
The Group recorded a net loss of HK$65.1 million this year, a decrease of HK$23.2 million compared to last year. The large amount of loss last year was mainly due to the large amount of impairment of goodwill mentioned above.