Zitong Financial App News, Ruixin International Group (00724) released 2021 results with revenue of HK $303 million, down 15.3% from the same period last year. The loss attributable to shareholders was HK $54.2 million, down 3.9 per cent from a year earlier. The basic loss per share is HK6.45 cents.

The narrowing of the loss was mainly due to, among other things, (I) a decrease in impairment loss on right-to-use assets during the reporting period; (ii) a net gain on the sale of property, plant and equipment during the reporting period; and (iii) a decrease in operating loss during the reporting period, which was partially offset by an increase in projected interest expense on convertible notes and an impairment loss on property, plant and equipment during the reporting period.