On March 22, GLONGHUI | Cable Broadband (01097.HK) announced that for the year ended 31 December 2023, the Group's continuing business revenue increased from approximately HK$563 million in 2022 to approximately HK$598 million. Due to increased operating expenses, operating losses from continuing operations increased by approximately HK$102 million to approximately HK$428 million in 2023. After the non-cash unrealized fair value loss of approximately HK$3 million (2022: unrealized fair value loss of approximately HK$50 million) and other non-operating items and income taxes were confirmed, the Group recorded a net loss of continuing operations of approximately HK$623 million in 2022 to approximately HK$548 million in continuing operations in 2023, a decrease of approximately 12%.
有线宽频(01097.HK)：2023年度持续经营业务净亏损约5.48亿港元
Cable Broadband (01097.HK): Net loss from continuing operations of approximately HK$548 million in 2023
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