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1957 & CO. (08495.HK) expects a net loss of 2 million to 3 million Hong Kong dollars in the first half of the year.
On August 5th, Gelonghui announced that, based on a preliminary review by the board of directors of the comprehensive management accounts of the group as of June 30, 2024 and other information currently available, the group is expected to record a net loss of approximately HK$2 million to HK$3 million during the reporting period, while a net loss of approximately HK$9.6 million was recorded during the same period in 2023.
Express News | 1957 & Co (Hospitality) Sees Increase in Hy Revenue in Range of HK$5.0 Mln to HK$6.0 Mln
Express News | 1957 & Co (Hospitality) Sees Net Loss Within Range of HK$2.0 Mln to HK$3.0 Mln for Six Months
1957 & CO.: PROFIT ALERT - REDUCTION OF LOSS
1957 & CO. (08495.HK) signed a new leasing agreement and new licensing agreement.
July 23, Gridsum announced that on July 23, 2024, the company's indirectly wholly-owned subsidiary signed new lease and license agreements for the same location in Ouhai City. Therefore, the lease and license term will be renewed from July 16, 2024, for three (3) years until July 15, 2027. The company currently operates Shanghai brand restaurants in that location. The leased property is shops G19-G21 on the ground floor of Ouhai City Phase III, No. 1 Haifeng Road South West, Kowloon.
1957 & CO.: Annual Report 2023
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