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F8 Enterprise (08347.HK) changed from profit to loss of HK $11.3 million in the first three quarters.
格隆匯 02-08 21:53

In the nine months ended December 31, 2021, the company's income was about 273 million Hong Kong dollars, down 22.6 percent from the same period last year. The net loss during the period was about 11.3 million Hong Kong dollars, while the net profit for the same period last year was about 6.7 million Hong Kong dollars.

The loss was mainly due to a decrease in revenue from the Group's sales of marine diesel and steel products for the nine months ended 31 December 2021, compared with profits for the nine months ended 31 December 2020, mainly due to fierce competition in the industry.

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