According to the Zhitong Finance App, Shun Teng International Holdings (00932) announced the results for the year ended March 31, 2023. The group achieved earnings of HK$216 million during the period, an increase of 38.86%; shareholders should have a profit of HK$41.036 million; shareholders should have accounted for a loss of HK$43.888 million in the same period last year, turning a loss into a profit; basic profit of HK1.32 cents per share.

The announcement stated that during the reporting period, the Group sold all of the interests of Advance Rider Limited and its subsidiary (Advance Rider Group), which was mainly engaged in e-commerce promotion business. The Group believes that the sale will allow the company to focus on health and beauty supplements and products, and make the company's strategic focus more on its core business.