Pallida Group Holdings (08179) announced that the group expects to lose no less than HK$9 million in 2023,...
According to the Zhitong Finance App, Pelida Group Holdings (08179) announced that the group expects a loss of no less than HK$9 million in 2023 and a profit of HK$6.55 million in 2022.
According to the announcement, losses were mainly due to gross margin falling from 9.2% in 2022 to 5.8% in 2023; impairment provisions for biological assets of about HK$5 million; and changes in fair value of biological assets of about HK$4.5 million.