According to the Zhitong Finance App, Xunhe Group (01591) announced the results for the year ended March 31, 2023. The group achieved revenue of HK$313 million, an increase of 29.14% over the previous year; the company owners should have a profit of HK$18.932 million, a loss of HK$4.495 million in the same period last year; profit of HK$0.47 cents per share.

The announcement stated that the increase in revenue was mainly due to the Group undertaking a number of large-scale construction projects awarded in 2021 and 2022 during the review year.