According to the Zhitong Finance App, Xingli Group (00114.HK) announced its annual results for the year ended March 31, 2023. The group earned HK$1,263 billion during the period, an increase of 7.47% over the previous year; shareholders should have a profit of HK$82.2327 million; shareholders should have a profit of HK$61.147 million in profit for the same period last year, turning the loss into a profit; basic profit of HK13.62 cents per share; it plans to pay a final dividend of HK$3 cents per share.

According to the announcement, turning the loss into profit was mainly due to the Toy Department's performance exceeding expectations and a net profit of about HK$22.5 million from the sale of properties located in Hong Kong.