Classified Group (Holdings) Limited provided unaudited consolidated earnings guidance for the three months ended March 31, 2023. For the period, the company expects a loss of not more than HKD 2.0 million for 2023Q1 as compared with a loss of approximately HKD 1.2 million recorded for the three months ended 31 March 2022. The Board considers the Group's increase in loss-making position for 2023Q1 was mainly attributable to the net effect of reduction in government subsidies and rent concessions related to COVID-19; and closure of two loss-making restaurants upon expiry of their respective tenancy agreements in 2022.
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5-day change | 1st Jan Change | ||
0.31 HKD | -11.43% | -21.52% | -39.22% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-39.22% | 2.5M | |
+12.96% | 3.34B | |
-4.99% | 763M | |
-5.09% | 147M | |
-10.58% | 88.45M |
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- Classified Group Limited Provides Unaudited Consolidated Earnings Guidance for the Three Months Ended March 31, 2023