Buck 1798 Group (01010) announced its results for the year ended December 31, 2023. The group achieved...
According to the Zhitong Finance App, Buck 1798 Group (01010) announced the results for the year ended December 31, 2023. The group achieved revenue of HK$114 million, a year-on-year decrease of 37.06%; losses attributable to company owners were HK$464.47 million, an increase of 1977% over the previous year; and a loss of HK12.54 cents per share.
According to the announcement, the loss was mainly due to an increase in a number of non-cash expenses, including provisions for impairment of inventory and impairment of financial assets.