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Huafang Group Swings to 2023 Loss as Revenue Nearly Halves
Huafang Group (HKG:3611) incurred an attributable loss of 796.9 million yuan for the year ended Dec. 31, 2023, against an attributable profit of 231.8 million yuan in full-year 2022, according to the
花房集團:年報2023
Huafang Group (03611): Submission of a proposal to resume trading to the Stock Exchange
Zhitong Finance App News, Huafang Group (03611) issued an announcement. Since the suspension of stock trading on April 3, 2023 and until the date of this announcement, the Group continues to operate its business by implementing its business strategy. Users can access and use live streaming and audio and video social networking products operated by the Group as usual. The company has submitted a proposal for the resumption of trading to the Stock Exchange to prove that the company has met the conditions for resuming trading of the company's shares set out in the resumption guidelines. Trading of the company's shares continues to be suspended.
Huafang Group (03611) announced annual results with losses attributable to shareholders of 797 million yuan year-on-year profit to loss
According to the Zhitong Finance App, Huafang Group (03611) announced its annual results for the year ended December 31, 2023. The group achieved revenue of 2.57 billion yuan (RMB, same below) during the period, a year-on-year decrease of 49.58%; losses attributable to shareholders were 797 million yuan; profit attributable to shareholders during the same period last year was 232 million yuan, a year-on-year profit of 232 million yuan, a year-on-year change of profit and loss; a basic loss of 0.8 yuan per share. According to the announcement, the decrease in total revenue was mainly due to a decrease in revenue generated by live streaming and audio social networking services.
HUAFANG GROUP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 AND CONTINUED SUSPENSION OF TRADING
Huafang Group to Swing to Loss
Huafang Group (HKG:3611) expects a net loss in the range of 757.2 million yuan to 836.9 million yuan for the year ended Dec. 31, 2023, compared with a net profit of 231.7 million yuan in 2022, accordi
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