WANG ON GROUP(01222) - 2023 - 年度财报

Money Lending Business (continued) During the Year, the Group's lending business contributed revenue of approximately HK$43.1 million (2022: approximately HK$61.9 million), down by approximately 30.4%, mainly due to the drop in loan portfolio. The composition of the loan portfolio includes both individual and corporate customers. As at 31 March 2023, we had 44 (2022: 51) active loan accounts, gross loan balance of which were approximately HK$277.8 million (2022: approximately HK$461.3 million). Secured loan ...