Gelonghui May 12th 丨Debao Group Holdings (08436.HK) announced,For the three months ending March 31, 2023, the Group's revenue was approximately HK$13.8 million, a year-on-year decrease of approximately 45.6%. The loss attributable to equity holders of the company was approximately HK$3.9 million (prior period: loss of approximately HK$1.6 million). During the period, the loss per share was approximately HK0.99 cents (prior period: loss of HK0.39 cents per share). The Board does not recommend payment of any interim dividend for the period (prior period: none).

Looking ahead, the directors believe that global business will remain uncertain and full of challenges. The Group will continue to focus on creating innovative products and expanding its business scope to new regions. The ongoing novel coronavirus pandemic is putting millions of people at risk in more and more countries, causing a serious public health crisis around the world. Under such circumstances, various e-commerce solutions for Gen Z and millennials have gradually become a major trend in the service industry recently. Furthermore, sustainable development is expected to play an important role for consumers in the beauty and cosmetics industry in the future.