Royal Cen Res (08125) announced that compared with the comprehensive net loss attributable to shareholders of the company for the year ended March 31, 2023, the expected comprehensive net loss attributable to shareholders of the group for the year ended March 31, 2024 is between HKD 9 million and HKD 11 million.
According to the announcement released by Ren De Resources (08125), the expected reduction of comprehensive net loss attributable to shareholders is mainly due to effective cost control on administration and operation, resulting in a decrease in administrative expenses; and an increase in gross profit and revenue generated by leasing building equipment.
The announcement stated that the expected reduction in comprehensive net loss attributable to shareholders of the company is mainly due to the effective cost control of administration and operation, which reduces administrative expenses. In addition, the gross profit and revenue generated by leasing building equipment has increased.