Kuang Yi International (01683) announced the results for the year ended December 31, 2023, and the group obtained 2 profits...
According to the Zhitong Finance App, Kuang Yi International (01683) announced the results for the year ended December 31, 2023. The group achieved revenue of HK$293 million, an increase of 53.76% year on year; loss due to company owners was HK$5.635 million, an increase of 35.07% year on year; loss per share was 0.5 HK cents.
The Group recorded an annual loss of HK$900,000 (FY2022: HK$1.4 million), mainly due to the combined effects of increased gross margin from the consumer products business and increased sales and distribution expenses and administrative expenses.