Star Group Company Limited announced the shareholders of the Company and potential investors that the Group is expected to record a loss attributable to owners of the Company of approximately HKD 30 million for the six months ended 30 June 2023 as compared to a profit attributable to owners of the Company of approximately HKD 61 million for the six months ended 30 June 2022. The expected loss was mainly due to the decrease in revenue generated from the sales of completed projects under property development segment of the Group from approximately HKD 150 million for the six months ended 30 June 2022 to approximately HKD 119 million for the six months ended 30 June 2023 and the absence of gain on change in fair value of investment properties during the six months ended 30 June 2023 (2022: gain of approximately HKD 51 million).
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5-day change | 1st Jan Change | ||
0.199 HKD | 0.00% |
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+0.51% | -7.44% |
28/03 | Star Group Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
26/03 | Star Group Expects a Loss of HK$295 Million in 2023 | MT |
1st Jan change | Capi. | |
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-7.44% | 16.35M | |
+26.10% | 25.63B | |
-5.18% | 25.02B | |
+12.44% | 24.45B | |
-20.01% | 24.35B | |
-1.45% | 19.73B | |
+27.10% | 19.68B | |
+2.27% | 19.18B | |
+50.31% | 17.08B | |
-6.67% | 15.09B |
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- Star Group Company Limited Provides Guidance Expect to Record Loss Attributable to Owners for the Six Months Ended 30 June 2023