According to the Zhitong Finance App, Guangli Technology (06036) announced its annual results for the year ended December 31, 2023. The group achieved revenue of HK$2.53 billion during the period, a decrease of 5.92% over the previous year; losses attributable to shareholders were HK$16.16 million, a decrease of 50.1% over the previous year; Rose's basic loss was HK1.53 cents.
According to the announcement, the decline in earnings was due to a weak consumer market combined with a downturn cycle for the semiconductor industry as a whole.