i-CABLE Communications Limited provided i-CABLE Communications Limited earnings guidance for the year ended 31 December 2023. For the period, it is expected that the loss of the group will decrease by approximately 30% to 40% as compared to the loss of the group of approximately HKD 885.7 million for the year ended 31 December 2022. The expected decrease in the loss of the group for the year ended 31 December 2023 was mainly attributable to, among other things, (i) the decrease in non-cash write-down of deferred tax assets and impairment losses on certain non-current assets recognised for the year ended 31 December 2023; and (ii) the decrease in fair value losses on financial assets at fair value through profit or loss for the year ended 31 December 2023.
Delayed
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5-day change | 1st Jan Change | ||
0.032 HKD | +3.23% | 0.00% | -5.88% |
Apr. 23 | I-Cable Communications Shrinks Loss in 2023 | MT |
Mar. 22 | I-CABLE Communications Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-5.88% | 28.3M | |
-49.45% | 883M | |
-40.11% | 528M | |
+10.71% | 502M | |
-41.96% | 492M | |
+27.16% | 433M | |
-1.16% | 327M | |
-1.86% | 320M | |
-45.42% | 282M | |
+3.29% | 243M |
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