According to the Zhitong Finance App, Casa Tianjiao (02223) announced the interim results for the six months ended June 30, 2023. The group earned revenue of HK$129 million during the period, a decrease of 10.4% over the previous year; loss attributable to shareholders was HK$8.638 million, profit attributable to shareholders for the same period last year was HK$2,585,000, year-on-year profit of HK$2,585 million, with a year-on-year profit of HK$3.35 million; a basic loss of HK$3.35 per share.

The announcement stated that the decline in overall revenue during the period was mainly due to a weak consumer climate, which led to a decline in retail sales and wholesale sales in Hong Kong.