On March 26, GLONGHUI (01134.HK) announced that for the year ended 31 December 2023, the company's revenue decreased by approximately HK$72,100,000 or 15.5% to approximately HK$393,300,000. The decline was mainly due to a decrease in export sales of eyeglass frames and sunglasses due to a drop in orders and average sales prices for eyewear products. The profit recorded by the Group decreased by approximately $7,800,000, or 84.8%, from approximately HK$9,200,000 in the previous year to approximately HK$1,400,000.