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What I-CABLE Communications Limited's (HKG:1097) 38% Share Price Gain Is Not Telling You
I-Cable Communications Shrinks Loss in 2023
I-CABLE COMM: ANNUAL REPORT 2023
Cable Broadband (01097.HK): Net loss from continuing operations of approximately HK$548 million in 2023
On March 22, GLONGHUI | Cable Broadband (01097.HK) announced that for the year ended 31 December 2023, the Group's continuing business revenue increased from approximately HK$563 million in 2022 to approximately HK$598 million. Due to increased operating expenses, operating losses from continuing operations increased by approximately HK$102 million to approximately HK$428 million in 2023. Non-cash unrealized fair value loss of approximately HK$3 million in redemption options for long-term convertible bonds that include profit and loss at fair value (2022: unrealised fair value loss of approximately HK$50 million
I-CABLE COMM: FINAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
I-cable Communications Expects Lower Loss in 2023
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