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Article Date: April 2023
Word Count: 177

Symphony Holdings Suffers Financial Loss in 2022


The bottom line swung to a HK$88,961,000 ($11.3 mm) loss compared to HK$35,722,000 profit for the 2022 fiscal year ended Dec. 31 on revenue that was down 14% to HK$279,153,000 ($35.6 mm) from HK$323,498,000. The bottom line was pulled down by a HK$102.8 million loss on reevaluation of financial assets compared to a HK$75.7 million gain in the prior year. Branding revenue, including Sunseeker swimwear distribution, licensing the Pony and Skins brands, and its healthcare products business, came in at ... Log in to view full article.

 


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