Summary by Moomoo AI
Access Group (00698.HK) has announced its financial results for the year ended 31 December 2023. The report showed that the company's revenue fell 18.2% to HK$6521.9 million compared to 2022, while gross profit fell sharply by 71.9% to HK$345.8 million. The Company's loss attributable to shareholders amounted to HK$1229.7 million. Interim and final dividends were not distributed for the year (2022: None). Operational restructuring includes closing loss-making factories and consolidating customer bases. As foreign brand customers moved production bases from China to overseas, the precision components business was sold for HK$2015.0 million. The smartphone case business now covers all major global brands and orders have rebounded in recent months. The home and sporting goods business was listed on the Shenzhen Stock Exchange on...Show More