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SANDMARTIN INTL: SUPPLEMENTAL ANNOUNCEMENT TO ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 ON USE OF PROCEEDS
SANDMARTIN INTL: 2023 Annual Report
Sandmartin International Holdings Limited's (HKG:482) 208% Share Price Surge Not Quite Adding Up
Sint Maarten International announced that trading will resume this morning
Saint Martin International (00482) announced that trading of the company's shares will resume at 9:00 a.m. on April 15, 2024.
St. Martins International (00482) announced annual results. Shareholders' losses of HK$127 million increased 63.21% year over year
According to the Zhitong Finance App, St. Martin International (00482) announced the results for the year ended December 31, 2023. The group achieved revenue of HK$562 million, a year-on-year decrease of 24.66%; losses attributable to the owners of the company were HK$127 million, an increase of 63.21% over the previous year; and a loss of HK14.75 cents per share. Due to tight global monetary policies, the Group's earnings for the year ended 31 December 2023 declined compared to the same period in 2022. The Group has taken a number of measures to mitigate the adverse effects of the pandemic, including but not limited to purchasing from multiple suppliers to increase the Group's gross profit margin
St. Martin's International (00482.HK) revenue for 2023 is approximately HK$562 million
Glonghui, April 12, 丨 Saint Martin International (00482.HK) announced that with the annual results for the year ended December 31, 2023, the Group's annual revenue is approximately HK$562 million. The Group lost approximately HK$95.1 million in the year before deducting financing costs, income tax expenses, depreciation, amortization and repayment of prepaid lease payments. The Group's annual loss was approximately HK$136.6 million. The annual loss attributable to the owners of group companies is approximately HK$126.6 million. The Group's basic loss per share for the year was approximately HK14.75 cents.
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