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I-Cable Communications Shrinks Loss in 2023
I-Cable Communications (HKG:1097) saw a 34% decline in attributable loss for the year ended Dec. 31, 2023, to HK$589.3 million from HK$885.7 million in 2022, a filing posted on the Hong Kong bourse on
MT NewswiresApr 23 08:59 ET
有線寬頻:二零二三年年報
Futu NewsApr 22 07:58 ET · Announcements
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
Gelonghui FinanceMar 22 10:33 ET
I-CABLE COMM: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Futu NewsMar 22 10:28 ET · Announcements
I-cable Communications Expects Lower Loss in 2023
I-cable Communications (HKG:1097) expects a 30% to 40% drop in net loss in 2023 from about HK$885.7 million a year earlier, according to a Hong Kong bourse filing on Thursday. The company attributed t
MT NewswiresMar 15 03:24 ET
Cable Broadband (01097.HK) is expected to reduce annual losses by about 30% to 40%
Gelonghui (01097.HK) announced on March 14, that the company expects the Group's loss for the year ended December 31, 2023 to be reduced by about 30% to 40% compared to the previous year's Group loss of about HK$885,700,000. The reduction in anticipated losses is mainly due to (i) non-cash write-off of deferred tax assets recognized during the year and reduction in impairment losses on certain non-current assets; and (ii) a reduction in fair value losses on financial assets recorded as gains and losses at fair value during the year.
Gelonghui FinanceMar 14 08:21 ET
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