According to the Zhitong Finance App, Middison (08307) announced its annual results announcement for the year ending March 31, 2023. The company's realized revenue decreased 7.3% year-on-year to HK$45.5 million, with losses attributable to shareholders of HK$3 million, compared to HK$3.9 million in profit attributable to shareholders in the same period last year; the basic loss per share was HK$0.75 cents.

According to the announcement, the shift in profit to loss was mainly due to the 7.3% year-on-year decrease in the Group's earnings for the year ending March 31, 2023; and the impact of exchange losses.