According to the Zhitong Finance App, Juntai Holdings (00630) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$343.33 million, a year-on-year decrease of 48.36%; losses due to company owners were HK$2.753 million, a year-on-year decrease of 97.36%; and a loss of HK0.3 cents per share.
According to the announcement, the loss was mainly due to the repayment of approximately HK$7.9 million (2022: confirmation of expected credit loss provision of approximately HK$76.3 million) for the year ended 31 December 2023 (2022: confirmation of anticipated credit loss provision).