Hong Kong-listed company New Frontier Group announced its annual performance report for the year ending September 30, 2023. The financial report shows that New Frontier Group recorded a net loss of approximately HKD 288.7 million in the 2023 fiscal year, with operating revenue of approximately HKD 2.834 billion, a decrease of 68.7% year-on-year; gross profit of HKD 10.389 million, a decrease of 90.6% year-on-year; net profit increased from HKD 200 million in 2022 to HKD 287 million, an increase of 43.92% year-on-year.