Shetu Holdings (08392) announced interim results for the six months ended September 30, 2023. The group obtained during the period...
According to the Zhitong Finance App, Shetu Holdings (08392) announced interim results for the six months ended September 30, 2023. The group obtained revenue of HK$22.55,000 during the period, a decrease of 40.2% over the previous year; losses attributable to shareholders of HK$3.833 million; profit attributable to shareholders of HK$877,000 for the same period last year, profit and loss over the previous year; basic loss of 0.383 HK cents per share.
The announcement said that during this period, the household goods export business remained the main source of revenue for the Group, contributing about 88.8% to the Group's total revenue. Revenue from the household goods export business was approximately HK$2010 million, a significant decrease of about 40.4% from the previous period. The decline in household goods export sales was mainly due to a decrease in sales orders placed by European customers during the period.