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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 ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
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
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.
I-CABLE COMM: PROFIT ALERT - REDUCTION IN LOSS
Cable Broadband (01097.HK) held a board meeting on March 22 to approve annual results
Glonghui March 12 | Cable Broadband (01097.HK) announced that the board of directors will meet on March 22, 2024 (Friday) to (among others) approve the announcement and publication of the audited comprehensive results of the company, its subsidiaries and its comprehensive structured entities for the year ended 31 December 2023, and consider payment of a final dividend (if any).
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