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Royale Home Swings to Loss in 2023 on Lower Revenue
Royale Home (HKG:1198) swung to an attributable loss of 381.5 million yuan in 2023 from a profit of 4.7 million yuan in 2022, according to a Monday filing with the Hong Kong bourse. Loss per share at
MT NewswiresApr 2 05:38 ET
The annual loss attributable to owners of Dynasty Home Furnishing (01198.HK) reached 381.5 million yuan
Gelonghui April 1 | Dynasty Home (01198.HK) announced its annual results. For the year ended December 31, 2023, the Group recorded revenue of RMB 827.9 million, a decrease of 43.3% over last year. The decline in revenue was due to the Group's termination of its commodity trading business during the year. The Group's overall gross margin decreased from 14.4% in 2022 to 3.2% in 2023 due to a decrease in the gross margin of the furniture and hotel business. As far as the furniture business is concerned, gross margin decreased from 24.6% in 2022 to 7.4% in 2023 due to (i) the company increased sales through discount promotions
Gelonghui FinanceApr 1 08:08 ET
ROYALE HOME: ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Futu NewsApr 1 07:56 ET · Announcements
Dynasty Home Furnishing (01198) is forecasting a year-on-year profit and loss of about 380 million yuan in 2023 results
Dynasty Home (01198) announced that the group is expected to generate a loss of about 380 million yuan in 2023, while 2022...
Zhitong FinanceMar 21 08:16 ET
ROYALE HOME: PROFIT WARNING
Futu NewsMar 21 08:14 ET · Announcements
Dynasty Home (01198): Using RMB as the presentation currency for consolidated financial statements
Dynasty Home (01198) announced that the company has adopted RMB as the presentation currency for its consolidated financial statements.
Zhitong FinanceMar 21 08:06 ET
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