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Tongtian Liquor (00389) announced the 2023 results, the loss attributable to the company owner was 80.199 million yuan, an increase of 2.04 times year-on-year
According to the Zhitong Finance App, Tongtian Liquor (00389) announced its 2023 results. Revenue increased by about 29.4% to about 189 million yuan. The loss due to company owners was 80.199 million yuan, an increase of 2.04 times over the previous year; the loss per share was 26.59 points.
TONTINE WINES: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Tongtian Liquor (00389.HK) Profit Alert: Losses and overall expenses are expected to be no less than 70 million yuan in 2023
On March 18, Ge Longhui | Tongtian Liquor (00389.HK) announced that for the year ended December 31, 2023, the Group expects to record annual losses and overall expenses of not less than RMB 70 million, while the corresponding year last year recorded annual losses and overall expenses of about RMB 27.6 million. According to the announcement, the projected losses and overall expenses for the year are mainly due to (i) the cancellation of certain obsolete and slow-selling inventory, right-of-use assets and impairment losses of property, plant and equipment, and anticipated credit loss provisions for trade accounts and other receivables during the year; and (ii) the increase for the year
TONTINE WINES: PROFIT WARNING
Tongtian Liquor (00389.HK) plans to hold a board meeting on March 28 to approve the annual results
Gelonghui March 12 | Tongtian Liquor (00389.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday) to approve (among other things) the announcement of the company and its subsidiaries for the full year ended 31 December 2023 and consider the proposed payment of dividends (if any).
Tongtian Liquor (00389.HK) granted a total of 29.455 million share options
Glonghui December 15 | Tongtian Liquor (00389.HK) announced that on December 15, 2023, the company offered a total of 29.455 million share options to a number of eligible participants according to the share option plan adopted on June 16, 2023, with an exercise price of HK$0.92 per share.
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