On June 14th, Gelunhui, Jiu Rong Hold (02358.HK) announced that as of December 31, 2023, the Group's revenue was approximately HKD 472 million, a year-on-year decrease of approximately 44%. The Group recorded a gross profit of approximately HKD 61,739,000, a year-on-year decrease of approximately 28%. The Group recorded a loss of approximately HKD 383 million, with a basic loss per share of approximately HKD 0.7. As of December 31, 2023, the Group's cash and cash equivalents balance was approximately HKD 4.247 million (2022: approximately HKD 95.97 million).
Trading of company shares has been suspended on the Stock Exchange of Hong Kong from 9:00 a.m. on April 2, 2024, pending the publication of the reviewed comprehensive business performance report for the year ended December 31, 2023. After the publication of this report, the company will apply to the Stock Exchange of Hong Kong for the restoration of trading of its shares from 9:00 a.m. on June 17, 2024.