According to the Zhitong Finance App, Ming Leung Holdings (08152) announced the results for the year ended December 31, 2023. The group achieved revenue of HK$154 million during the period, an increase of 76.6% over the previous year; the company's equity holders should have accounted for a profit of HK$6.888 million; the company's equity holders should have accounted for a loss of HK$8.452 million in the same period last year; basic profit per share was HK1.15 cents.

According to the announcement, the increase in revenue was due to an increase of approximately HK$69.6 million in revenue from the Tunnel Business Division this year, which was partially offset by a decrease of approximately HK$2.9 million in revenue from the Foundation Business Division. Sales performance in all regions improved this year as Group executives acted quickly to seize business opportunities from the surge in post-COVID-19 construction activity.