BC Technology Group: Unaudited consolidated net loss in 2023 decreased by approximately 50% compared with 2022
BC Technology Group has released its latest financial statement. As of December 31, 2023, the expected unaudited comprehensive net loss for the year may be significantly reduced by about 50% compared to the audited comprehensive net loss for 2022, with a reduction of HKD 550 million. The expected decrease in net loss is mainly attributed to the decrease in operating expenses (including employee costs and technology expenses) and the appreciation of digital assets held by the Group to promote bulk brokerage business.
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