---
title: "CLASSIFIED GP announced its interim performance, with a year-on-year decrease of 46% in shareholders' loss, amounting to HKD 1.6 million."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/95123801.md"
description: "According to the Earnings Report released by CLASSIFIED GP, the company's total revenue for the first half of 2023 was approximately HKD 18.1 million, representing a decrease of approximately 12.1% compared to the same period last year. The attributable loss to shareholders was approximately HKD 1.6 million, a decrease of 46% YoY. The loss per share was HKD 0.37. The announcement stated that the main reasons for the decrease in attributable loss to shareholders were the closure of two loss-making Classified restaurants due to the expiration of their leases, better cost and expense control, and a net increase in revenue from existing restaurants despite the reduction in government subsidies and rental concessions related to the 2019 coronavirus."
datetime: "2023-08-14T00:11:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/95123801.md)
  - [en](https://longbridge.com/en/news/95123801.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/95123801.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/95123801.md) | [繁體中文](https://longbridge.com/zh-HK/news/95123801.md)


# CLASSIFIED GP announced its interim performance, with a year-on-year decrease of 46% in shareholders' loss, amounting to HKD 1.6 million.

According to the announcement, CLASSIFIED GP (08232) released its performance for the first half of 2023. The company's total revenue was approximately HK$18.1 million, a decrease of about 12.1% compared to the same period last year. The attributable loss to shareholders was approximately HK$1.6 million, a decrease of 46% YoY. The loss per share was 0.37 HK cents.

The main reasons for the decrease in the attributable loss to shareholders are the closure of two loss-making Classified restaurants due to the expiration of leases, better cost and expense control, and a net increase in revenue from existing restaurants despite the reduction in government subsidies and rental concessions related to the 2019 coronavirus.

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