According to the Zhitong Finance App, Lai's Enterprise (02266) announced that compared to the unaudited consolidated profit of about 300,000 MOP for the period ending June 30, 2022, the Group is expected to obtain an unaudited comprehensive loss attributable to shareholders of approximately MOP 8 million to MOP 11 million for the period ending June 30, 2023.
The announcement stated that the loss was mainly due to generally weak market demand due to poor economy despite re-clearance in early 2023; and delays in project progress due to the requirements of the latest industry practices.