According to the Zhitong Finance App, Ronghui Holdings (08213) announced that the Group expects to obtain losses attributable to company owners of about HK$4.7 million to HK$7.1 million in the six months ending September 30, 2023, while losses attributable to company owners were about HK$3.8 million in the same period last year.

According to the announcement, the increase in losses was mainly due to the combined effects of the following: (i) the decrease in other income because (a) no wage subsidies under the employment protection scheme introduced by the Hong Kong Special Administrative Region Government were received during the reporting period and were not recognized as other income, while subsidies of about HK$5.6 million were received under the scheme in the same period last year and included in other income; and (b) no subsidies under the food licence holder subsidy scheme introduced by the Hong Kong Special Administrative Region Government were also recognized as other income during the reporting period; and (b) no subsidies under the food licence holder subsidy scheme launched by the Hong Kong Special Administrative Region Government were also not confirmed as other income during the reporting period, while a one-time subsidy of HK$400,000 under the scheme was included in the same period last year other revenue; and (ii) a decrease in revenue from the provision of catering services.