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Ying Kee Tea House Group (08241) announced its annual results for the year ended March 31, 2023. The consolidated revenue was approximately HK$37.4 million, an increase of 3.8% year-on-year. Net loss was 6.682 million Hong Kong dollars, a year-on-year decrease of 14.15%; loss per share was 1.85 Hong Kong cents.
The announcement stated that the loss was mainly due to the decrease in gross profit margin and the increase in rental expenses and impairment losses.
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