Future Bright (00703) announced its first quarter results for 2024. Due to the increase in visitors to Macau and Hong Kong, the company's revenue increased by approximately 8.9%. The company's attributable unaudited net profit was approximately HKD 8.7 million, a 23.7% decrease year-on-year, mainly due to increased administrative expenses and financial costs incurred in the first quarter.
During the first quarter, the company did not realize any fair value gains or losses on the commercial property adjacent to the tourist hotspot, No. 2 Archway **** in the Jesuit Memorial Plaza in Macau.