[Caihua Social News] CLSA PREMIUM (06877.HK) announced that the Group is expected to record a net loss of approximately HK $57 million for the year ended December 31, 2021, compared with an audited net loss of approximately HK $72 million for the year ended December 31, 2020.
The decrease in expected net loss is mainly due to the decrease in revenue in New Zealand due to the additional licence conditions imposed by theFinancialMarketsAuthorityofNewZealand New Zealand Financial Markets Authority, the Group's net exchange gain in 2021 and its net exchange loss in 2020, and non-recurrent tax rebates received from theInlandRevenueofNewZealand New Zealand Inland Revenue in connection with the coronavirus outbreak measures.