According to the Zhitong Finance App, Debao Group Holdings (08436) disclosed its results for the year ended December 31, 2022, with the company's revenue of HK$209 million, an increase of 1.02% over the previous year; the company's owners should account for a profit of HK$1,080,000 during the year, down 76.97% from the previous year; the basic profit per share was 0.3 HK cents.

According to reports, the profit attributable to the company's equity holders decreased by about 77% compared to the previous year. The changes were mainly due to: relatively more competitive prices under the COVID-19 pandemic; one-time bonuses paid to employees who maintained earnings targets during a downturn in the economy.