According to the Zhitong Finance App, Yingji Tea House Group (08241) announced its annual results for the year ending March 31, 2023. The comprehensive revenue was approximately HK$37.4 million, an increase of 3.8% over the previous year. Net loss was HK$6.682 million, a year-on-year decrease of 14.15%; loss per share was HK1.85 cents.

According to the announcement, the loss was mainly due to a decrease in gross margin and an increase in rent expenses and impairment losses.