Zhitong Financial APP News, the first Machine Enterprise Group (00176) announced its results for the year ended December 31, 2021. The group achieved an income of HK $132 million, an increase of 30.74% over the same period last year. The loss attributable to the owners of the company was HK $80.417 million, a year-on-year reduction of 25.72%, and a loss of HK3.96 cents per share.
It is reported that the increase in earnings of the Group during the period was mainly due to the increase in sales of electronic products. The 2019 coronavirus outbreak at the end of 2019 affected the production and operation of the electronics business in 2020 due to a shutdown. In 2021, the epidemic was gradually brought under control, and the impact on business operations was gradually reduced.