According to the Zhitong Finance App, Aochuan Thinking Holdings (08091) announced results for the year ended March 31, 2023. Total revenue decreased by about 20.9% year on year to HK$43.9 million. Company owners should account for losses of HK$9.462 million, an increase of 2.1 times over the previous year; loss of HK1.31 cents per share.
According to the announcement, the decrease in revenue was mainly due to reduced revenue generated by bus advertisements; and reduced revenue generated by taxi advertisements; and reduced revenue generated by private hospitals and clinic media.