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Home Control International Swings to Loss in 2023
Home Control International (HKG:1747) incurred an attributable loss of $1.6 million for the year ended Dec. 31, 2023, as compared to an attributable profit of $4.6 million in 2022, an April 19 filing
HOME CONTROL:2023 年報
HOME CONTROL (01747) announced annual results. Shareholders' losses of US$1.619 million were converted from profit to loss year over year
HOME CONTROL (01747) announced results for the year ended December 31, 2023,...
HOME CONTROL: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 AND PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION
HOME CONTROL (01747.HK) expects annual revenue to be reduced by about 20% to 25%
Gelonghui Home Control (01747.HK) announced on March 21, that the company expects revenue to be reduced by about 20% to 25% for the year ending December 31, 2023. The year may record losses attributable to company owners, while profit attributable to company owners was recorded in the same period of 2022. Revenue and profit attributable to company owners were approximately USD 126.6 million and USD 4.6 million respectively for the same period in 2022. The Board believes that this decline in revenue was mainly due to the slower than expected global economic recovery, which led to higher customer inventories. Profit attributable to company owners during the period decreased mainly
HOME CONTROL (01747) Fa Profit Alert expects 2023 results to change profit and loss year on year
Zhitong Finance App News, HOME CONTROL (01747) announced that the Group's revenue is expected to decrease by about 20% to 25% in 2023 and generate losses attributable to company owners, while 2022 revenue and profit attributable to company owners are approximately US$126.6 million and US$4.6 million respectively. The Board believes that this decline in revenue is mainly due to a slower than expected global economic recovery, leading to higher customer inventories. The decrease in profit accruing to company owners during the period was mainly due to changes in the product portfolio and other increases in expenses, as well as the reduction in gross profit due to the optimization of the cost structure to maintain the Group's current business cycle
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