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GW TERROIR: ANNUAL REPORT 2023
Great Wall World (00524.HK)'s annual revenue of about HK$89.1 million decreased by about 1.5% year-on-year
On March 21, GLONGHUI | Great Wall World (00524.HK) announced that for the year ended December 31, 2023, the company's revenue was approximately HK$89.1 million, a year-on-year decrease of about 1.5%. Losses attributable to company owners in the year were approximately HK$35.3 million, an increase of about 52.2% over the previous year.
GW TERROIR: AUDITED FINAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2023
GW TERROIR: BUSINESS UPDATE - ESTIMATED RESULTS
Great Wall Terroir to Widen Loss in 2023
Great Wall World (00524.HK) expects annual net loss of approximately HK$34 million to HK$35.5 million
On March 11, GLONGHUI | Great Wall World (00524.HK) announced that the Group expects to record a comprehensive loss attributable to shareholders of approximately HK$34 million to HK$35.5 million for the year ended December 31, 2023, while a comprehensive loss attributable to shareholders was approximately HK$23,200,000 for the year ended 31 December 2022. The decline in the Group's financial performance was mainly due to the following effects: (a) Staff costs and consulting expenses for management and operation personnel increased by a total of approximately HK$6.1 million during the year for various purposes, including developing and maintaining e-commerce businesses and global regulations
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