China Bright Culture Group Swings to Loss in Fiscal Year 2023

MT Newswires Live

2024/10/11

China Bright Culture Group (HKG:1859) reported a loss attributable to equity shareholders of 1.29 billion yuan for the year ended Dec. 31, 2023, compared with a profit of 10.2 million yuan in the previous year, according to an annual report submitted to the Hong Kong Bourse on Thursday.

The loss per share was 0.805 yuan, compared with earnings per share of 0.006 yuan in the same quarter a year ago.

Revenue for the year was 2.2 million yuan, compared with 63.8 million yuan in the prior year.

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