Summary by Futu AI
Zhuguang Hold (Zhuguang) released its financial report on February 4, 2024, showing significant losses for the company in the past year. During the reporting period, Zhuguang's revenue increased from 101,036,000 to 194,540,000, but gross profit decreased from 744,974,000 to 544,864,000. Most notably, the company's current period loss expanded to 859,224,000, a significant increase from the previous year's 91,704,000. Additionally, Zhuguang's fair value loss on investment properties increased from 49,289,000 in the previous year to 119,684,000. The company's net financing costs also increased from 492,911,000 to 552,572,000. In terms of capital structure, Zhuguang's shares remained at 7,225,632,753 shares, while trade and other payables increased from 6,603,521 in the previous year to 7,253,369. The report also mentioned that Zhuguang's main office is located in The Belvedere Building in Bermuda, with the Hong Kong branch for share transfer registration located at MUFG Fund Services (Bermuda) Limited. The company's main bank website is www.zhuguang.com.hk.
