Zhitong Financial App News, New Aide Group (08412) released results for the three months ended August 31, 2023, with an income of HK $21.961 million, an increase of 112.9% over the same period last year; a loss of HK $2.606 million attributable to the company's owners, a year-on-year reduction of 11.5%; and a basic loss of HK2.63 cents per share.
During the reporting period, Hong Kong, China abolished social distance measures for bars, clubhouses and entertainment venues, thus extending business hours, and the lifting of cross-border travel restrictions also facilitated the operation of the Group. As a result, the Group recorded a loss and a decrease in total overall expenditure during the reporting period compared with the same period last year.