According to the Zhitong Finance App, One Lighting (08222) announced that it expects the Group's net loss attributable to company owners to be no less than HK$200,000 for the 3 months ending June 30, 2023. Compared with the net profit attributable to company owners for the 3 months ending June 30, 2022, it is about HK$2.2 million.
The announcement stated that the change was mainly due to continued weakness in the Hong Kong retail industry, which had an adverse impact on sales; increased depreciation of use-rights assets due to multiple lease renewals during the period; and government subsidies for employment protection schemes for 3 months ending June 30, 2022.