worldpokertour2022| Capital Venture Capital (02324.HK) Yingxi: Expected to turn a profit in the medium term
editor 2024-05-21 18:54:18 Finance 36
Gelonghui May 21 丨 Capital Venture Capital (02324worldpokertour2022.HK) issued an announcement to compare the results recorded for the six months ended March 31, 2023worldpokertour2022With the unaudited consolidated net loss, the Company expects to record an unaudited consolidated net profit for the six months ended March 31, 2024.
The change was mainly due to the improvement in the performance of the Group's listed investments and the increase in the Group's performance during the period.worldpokertour2022The net impact of expected credit losses recognised on other receivables is due to the net impact of expected credit losses recognised on other receivables. The Group recorded a net loss on listed investments of approximately 68% during 2023worldpokertour2022.3 million Hong Kong dollars, while net income from listed investments of approximately HK$41.4 million was recorded during the period. For the purpose of expected credit loss assessment, the Group recognized expected credit losses of approximately HK$19.1 million on other receivables during the period, while a total expected credit losses of HK$10.2 million were recorded on bond investments, deposits and other receivables during the 2023 period. In addition to the above, after taking into account administrative and other expenses, the Group expects to record a net profit of approximately HK$18 million to HK$22 million in the financial statements for the current period.