Gelonghui March 22 | Victoria Harbour Environmental Technology (01845.HK) announced that for the year ended December 31, 2023, the Group's revenue was RMB 253.5 million, a decrease of 27.4% over the previous year. The Group's gross profit was RMB 60.7 million (2022: RMB 64.2 million), while the Group's gross margin was 24.0% (2022:18.4%), a decrease of 5.4% and an increase of 5.6 percentage points, respectively, from the year ended 31 December 2022.
Compared with a net loss of RMB 78.0 million and a net loss rate of 22.4% for the year ended 31 December 2022, the Group recorded a net loss of RMB 1.3 million and a net loss rate of 0.5% for the year ended 31 December 2023.
