San Miguel HK turned a loss of HKD 20 million last year, with an interest of 5 cents

SAN MIGUEL HK announced its full-year results for the year ending December last year, reporting a loss attributable to shareholders of HKD 20.096 million, with a loss per share of HKD 0.05, and declared a final dividend of HKD 0.05. In 2023, the profit was HKD 85.898 million, with revenue of HKD 711 million, a year-on-year decrease of 4.11%. The company confirmed a one-time non-cash impairment loss of HKD 90 million, with consolidated profit for 2024 expected to be HKD 56.2 million. Despite facing challenges from geopolitical and trade tensions, the company maintains a cautiously optimistic outlook on the economic growth prospects in Hong Kong and South China, and will take measures to address potential risks