Zhitong Financial APP News, Jundong Holdings (08277) announced its audited annual results for the year ended March 31, 2023, with continuing operating income of HK $12.509 million, a significant decrease of about 86.7% over last year, a net loss of HK $29.194 million, a year-on-year increase of about 4.79 times, and a loss of HK11.12 cents per share.

The announcement said that the decrease in revenue was mainly due to the significant adverse impact of stringent COVID-19 controls in China, resulting in a decrease in the group's product sales.