According to the Zhitong Finance App, Fengcheng Holdings (02295) announced the results for the year ended December 31, 2023. The group achieved revenue of HK$168 million, a year-on-year decrease of 12.51%; profit of HK$13.942 million during the year, a decrease of 3.68%; and a profit of HK3.49 cents per share.

According to the announcement, the decline in the Group's earnings was mainly due to the decline in the Group's revenue from relatively large-scale projects.