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hk food inv (00060.HK) appointed Ting Yu Wong as executive director.
On July 2nd, GeLonghui reported that Huang Tingyu has been appointed as the company's executive director of Hong Kong Food Investment (00060.HK), effective from July 1, 2024.
Express News | Hong Kong Food Investment - Appointment of Wong Anita Ting Yuk as Executive Director
Annual net loss of hk food inv (00060.HK) was 19.352 million HKD.
Hong Kong Food Investment (00060.HK) announced that for the fiscal year ending March 31, 2024, they achieved a revenue of HKD 212 million, a decrease of 8.5% year-on-year; gross profit of HKD 45.316 million, a decrease of 10.5% year-on-year; and a net loss attributable to equity holders of the company of HKD 19.352 million, compared to a net profit attributable to equity holders of the company of HKD 1.05 million for the same period last year. Basic and diluted loss per share was 7.45 HK cents.
HK FOOD INV: ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 MARCH 2024
Hong Kong Food Investment Expects to Swing to Loss in Fiscal Year 2024
Hong Kong Food Investment Holdings (HKG:0060) expects a loss attributable to equity holders between HK$18 million and HK$22 million for the year ended March 31, compared with a profit of HK$1 millio
HK Food Inv (00060.HK) issued a profit warning: Expected annual loss of HKD18-22 million.
Hong Kong Food Investment (00060.HK) announced on June 21 that the company expects to record a loss of HKD 18 million to HKD 22 million attributable to equity holders for the year ending on March 31, 2024, while a profit of about HKD 1 million was recorded last year. The expected performance loss is mainly due to (i) a decrease in dining business revenue and an increase in operation losses due to economic downturn and increased cross-border consumption; and (ii) the comprehensive impact of the fair value adjustment of financial assets.
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