Summary by Moomoo AI
Zhuguang Holdings (Zhuguang) released its financial report on February 4, 2024, which showed significant losses for the company over the past year. During the reporting period, Zhuguang's revenue increased from 101,036,000 to 194,540,000, but gross profit decreased from 744,974,000 to 544,864,000. Most crucially, the company's current period loss widened to 859,224,000, a significant increase from the previous year's 91,704,000. Additionally, Zhuguang's fair value loss on investment properties increased from 49,289,000 to 119,684,000 compared to the previous year. The company's net financing cost also increased from 492,911,000 to 552,572,000. In terms of capital structure, Zhuguang's share capital remained at 7,225,632,753 shares, while trade and other payables increased from 6,603,521 from the previous year to 7,253,369. The report also mentioned that Zhuguang's main office is located in The Belvedere Building in Bermuda, while the Hong Kong branch for share transfers and registration is located at MUFG Fund Services (Bermuda) Limited. The company's main website for banks is www.zhuguang.com.hk.