According to the Zhitong Finance App, Yuanxiang Group (08401) announced its third quarter results for the nine months ending December 31, 2022. The group achieved revenue of HK$109.75 million during the period, a decrease of 20.13% over the previous year; losses attributable to shareholders were HK$11.848 million, an increase of 46.13% over the previous year; and a basic loss of HK$0.06 per share.
The announcement stated that the decline in earnings was mainly due to reduced sales in Hong Kong.