Sonic Holdings announces annual performance with a net loss of 26.989 million yuan, narrowing down by 32.2% YoY.
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Intelligence Finance APP News, Semic Holdings announced its annual performance for the year ending June 30, 2023. The revenue was RMB 21.36 million, a decrease of 29.2% YoY. The company's attributable loss to owners was RMB 26.98 million, a narrowing of 32.2% YoY. The loss per share was 1.18 cents. The announcement stated that the decrease in revenue was mainly due to the termination of distribution and sales in Malaysia after June 30, 2022. It is worth noting that the independent auditors did not express an opinion on the group's consolidated financial statements.
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