According to the Zhitong Finance App, Lianwang Group (08217) announced the results for the year ended March 31, 2023. The group achieved revenue of HK$105 million, an increase of 12.77% over the previous year; the company owner's loss was HK$9.963 million, a decrease of 50.55% over the previous year; loss of HK3.3 cents per share.
According to the announcement, the increase in revenue is mainly due to the fact that construction of individual construction projects can begin after the COVID-19 outbreak continues.