According to Zhitong Financial App, Fengzhan Holdings (01826) announced its interim results for the six months ended June 30, 2023. The group achieved revenue of HK$67.572 million from continuing operations during the period, a year-on-year decrease of 34.33%; loss due to shareholders was HK$124.09 million, and profit attributable to shareholders was HK$9.245,000 for the same period last year, with profit to loss of HK$0.9 million per share.

The announcement stated that the decrease in revenue was mainly due to a decrease in the number of projects contributing revenue.