According to the Zhitong Financial App, Great Wall World (00524) announced its interim results for the six months ended June 30, 2023, with revenue of about HK$41.659 million, a year-on-year decrease of 6.55%; loss attributable to shareholders of HK$1,883 million, an increase of 10.94% over the previous year; and a loss of 6.5 HK cents per share.
According to reports, the decline in revenue is mainly due to the loss of customers due to more intense market competition, especially in the retail business segment.