China Star Group (00326) announced annual results. Shareholders' losses of HK$289 million increased by 207.62% year-on-year

According to the Zhitong Finance App, China Star Group (00326) announced its annual results for the year ended December 31, 2023. The group achieved revenue of HK$206 million, an increase of 52.15% over the previous year; losses attributable to the owners of the company were HK$289 million, an increase of 207.62% over the previous year; and a loss of HK11.76 cents per share. The increase in losses was mainly due to a sharp increase in financing costs to HK$143 million (2022: HK$2,414 million; out of a total of HK$101 million, HK$98,861 million has been capitalized as property inventory), and the property sales and multimedia and entertainment business generated a large amount of market

Zhitong FinanceMar 27 19:02 ET

CHINA STAR ENT: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023

Futu NewsMar 27 18:17 ET · Announcements

China Star Group (00326.HK) Profit Warning: Expected comprehensive loss of HK$260 million to HK$320 million in 2023

GLONGHUI March 22 | China Star Group (00326.HK) announced that the Group expects to record a comprehensive loss of HK$260 million to HK$320 million for the year ended 31 December 2023, compared to HK$94.12 million for the same period ended 31 December 2022. The sharp increase in losses was mainly due to a sharp increase in financing costs to about HK$143 million due to an increase in interest rates on Group bank loans during the year. Property sales and new business multimedia and entertainment operations generated more marketing and sales expenses, compared to 1111.1 for the year ended 31 December 2022

Gelonghui FinanceMar 22 07:31 ET

CHINA STAR ENT: INSIDE INFORMATION PROFIT WARNING

Futu NewsMar 22 07:26 ET · Announcements

China Star Group (00326.HK) plans to hold a board meeting on March 27 to approve annual results

Gelonghui March 15 | China Star Group (00326.HK) announced that the board of directors will hold a board meeting on Wednesday, March 27, 2024 to consider and approve (among other things) the results of the company and its subsidiaries for the year ended 31 December 2023 and payment of final dividends (if any).

Gelonghui FinanceMar 15 05:47 ET

CHINA STAR ENT: DATE OF BOARD MEETING

Futu NewsMar 15 05:29 ET · Announcements