According to the Zhitong Finance App, Detai Renewable Energy Group (00559) announced results for the six months ending December 31, 2022. The group's revenue was HK$15.04 million, a decrease of 48.57% over the previous year; loss attributable to shareholders was HK$477.45 million, a decrease of 34% over the previous year; and a loss of 0.3 HK cents per share.
According to the announcement, the reduction in net losses during the period was mainly due to the fact that the alcohol products business did not obtain gross damage and inventory was reduced by about HK$28 million.