According to the Zhitong Finance App, MiG International Holdings (01247) announced annual results for the year ended December 31, 2023. The group achieved a turnover of 151 million yuan (RMB, same below) during the period, an increase of 5.76% over the previous year; loss attributable to shareholders was 127.16 million yuan, an increase of 23.21% over the previous year; and a basic loss of 8.45 points per share.

The announcement said that despite the COVID-19 outbreak in mainland China in 2020, which led to a weak consumer market, online sales performance increased slightly in 2023. Coupled with the relative stability of orders received by distributors, the Group's revenue increased year over year.