According to the Zhitong Finance App, Bison Finance (00888) announced its 2023 results, with revenue of HK$35.66 million, a year-on-year decrease of about 13.2%; loss attributable to company owners was HK$206.36 million, a year-on-year decrease of 83.24%; and a loss of 1.45 HK cents per share.
According to the announcement, the reduction in losses was mainly due to a reduction in non-current asset impairment loss provisions and depreciation and amortization, a reduction in net realized and unrealized losses on financial assets that are included in fair value, and a net refund of financial asset impairment loss provisions.