Great World (08003) announced that the Group is expected to acquire the company by March 31, 2024 ...
As per the announcement from Great World (08003), the Group is expected to incur a loss attributable to owners of the company of not less than HKD 9 million for the fiscal year ending on March 31, 2024, which represents a reduction of over 84% compared to the loss attributable to owners of the company of approximately HKD 58.164 million for the same period of last year.
The decrease in loss attributable to owners of the company during the period was mainly due to the comprehensive impact of the following factors: increase in gross profit, reduction in administrative and other operating expenses under cost control, and decrease in impairment loss provision recognized for receivables and other receivables.