REGAL INT'L (00078) released for the year ended December 31, 2023...
According to the Zhitong Finance App, REGAL INT'L (00078) announced results for the year ended December 31, 2023. Group revenue was HK$1,792 billion, a decrease of 2.1% year on year; loss attributable to shareholders was HK$1,792 billion, up 400.1% year on year; and loss per share was HK$2.12.
According to the announcement, the Group is gradually implementing plans to sell some of its non-core assets with the aim of strengthening its liquidity resources and overall financial strength. The Group still has a strong asset portfolio, with hotels and properties as its main assets. The directors are confident that the overall business environment will continue to recover and that the Group's financial performance will gradually improve.