According to the Zhitong Finance App, Bowei Wisdom (01204) announced results for the year ended December 31, 2023, with revenue of about HK$718 million, up about 23.6% year on year; profit attributable to company owners was HK$4.502 million, up about 40.6% year on year; profit per share was 0.9 HK cents.

According to reports, the Group made encouraging progress in expanding its business in China in FY2023, with revenue from China increasing from about HK$41.1 million in FY2022 to about HK$122 million in FY2023. On the other hand, due to its recurring nature, the Group can also benefit from a stable source of revenue from managed services and IT maintenance and consulting services.