OURGAME (06899) Announces 2023 Annual Results with Loss Attributable to Equity Holders of HK$62.765 Million, Up 76.5% Year-on-Year
Stock News
Sep 10
OURGAME (06899) announced its 2023 annual results, reporting revenue of HK$88.996 million, down 12.4% year-on-year. The loss attributable to equity holders for the year was HK$62.765 million, an increase of 76.5% compared to the previous year. Basic loss per share was 5.9 cents.
According to the announcement, the increase in loss was mainly due to financial assets measured at fair value through profit or loss from historical investment projects and impairment losses under the expected credit loss model, after deducting reversals and costs incurred from recovering historical receivables.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.