Contracts on Hand Increased to a Historical High of HK$5.1 Billion Favorable policies driving Rapid Growth Baguio Green Group Limited (Baguio or the Group, HKG: 1397) is pleased to announce its annual results for the year ended 31 December 2023 (the Year). During the Year, the Group’s revenue was approximately HK$2.33 billion, representing an increase of approximately 29.8% as compared with the preceding year. Excluding non-operating subsidies* from the HKSAR Government (the “Government”), the Group has recorded an adjusted net profit for the Year of approximately HK$46.3 million, representing an increase of approximately 36.7% as compared to the corresponding figure…
Author: Marie Jones
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Revenue Increased by 5.0% to HK$1,007.8 Million Significant milestones in business upgrades drive revenue growth Forward Fashion (International) Holdings Company Limited (Forward Fashion or the Group; HKG: 2528), a creative integrated group with three synergistic business segments – fashion, art and lifestyle, today announced its annual results for the year ended 31 December 2023 (FY2023 the Period). Due to the increase in the number of visitors to Macau and the improvement in the Macau retail market in 2023 increased to HKD1,007.8 million, representing a year-on-year 5.0% increase. During the Period, revenue from the multi-brand stores was HK$190.3 million, while revenue…
Profitability improved significantly Adjusted net profit reaches RMB24.96 million Deepened AIGC technology application; Achieved business growth; E-commerce services GMV up close to 300% year-on-year Netjoy Holdings Limited (Netjoy or the Company, together with its subsidiaries, the Group, HKG: 2131), a leading one-stop short video marketing solution platform service provider in the PRC, announced today its annual results for the year ended 31 December 2023 (the Reporting Period), reporting historical high total bill and marked increase in profitability. Steady high-quality development Consolidating business and exploring new opportunities In 2023, benefitting from thriving cutting-edge technologies such as AI and social media content…
Innovative Products Continued to Deliver and Perform Excellently Revenue Recorded RMB26.20 Billion Adjusted non-HKFRS Profit Attributable to the Owners of the Parent Recorded RMB2.59 Billion Sino Biopharmaceutical Limited (Sino Biopharm or the Company, together with its subsidiaries, the Group) (HKG:1177), a leading innovation-driven pharmaceutical conglomerate in the PRC, has announced its audited financial results for the year ended 31 December 2023. During the year, the Group recorded revenue of approximately RMB26.20 billion, an increase of approximately 0.7% over last year. Profit attributable to the owners of the parent company was approximately RMB2.33 billion. Earnings per share attributable to the owners…
It was an exciting day at the Rice Northwest Museum of Rocks & Minerals, Hillsboro, Oregon,when artist Naomi Sarna’s 703-carat L’Heure Bleu tanzanite carving set a GUINNESS WORLD RECORDS title as the world’s largest cut tanzanite, on March 9. A standing room only crowd witnessed the “weigh in” as Guinness World Records adjudicator, Michael Empric, verified and announced the results. Gemstone experts, Jessie English, J.S. English Appraisals and Madeline Saunders, Oregon Estate Jewelry, were the official witnesses for the weighing. Rice Museum board president Gail Spann and museum director, Kim Vagner were also on hand for this historic event. “As the Director…
Professor Haruichi Kanaya of Kyushu University presented the Umekichi Tanaka Award for research on bonding wire with electromagnetic wave shielding function, and Professor Seiji Ogo of Kyushu University presented the Gold Award for the development of precious metal hydrogen energy electron carriers The development of bonding wires that contribute to highly reliable high-frequency wireless communication circuits and the creation of a hydrogen-derived electron carrier that enables direct use of electrons when needed received awards TOKYO, Mar 29, 2024 – (JCN Newswire) – The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2023 Precious Metals Research Grants. Following…
Profit Attributable To Owners Of The Company Increased Substantially By 31% Dynasty Fine Wines Group Limited (Dynasty or the Group) (HKG: 0828), a premier grape winemaker in China, today announced its audited annual results for the year ended 31 December 2023 (the Year). In 2023, the Group’s increase in revenue was primarily due to the recovery of sales, especially in the medium-end wine products, resulting from the normalisation of consumption scenes and resumption of consumer sentiment in the PRC after the dismantlement of pandemic control measures at the end of 2022. The Group’s operating activities continue to maintain a growth…
Atlas Lithium Corporation (NASDAQ: ATLX), a lithium exploration and development company, is pleased to announce that it has signed definitive investment and offtake agreements with Mitsui & Co., Ltd. (“Mitsui”) which the Company considers as strong validation of its project and team. Mitsui is purchasing US$ 30,000,000 in common shares of Atlas Lithium at a 10% premium to the 5-day VWAP (the “Strategic Investment”) and at the same time entering into an Offtake Agreement (the “Offtake”) for the future purchase of 15,000 tons of lithium concentrate from Phase 1 and 60,000 tons per year for five years from Phase 2 of…
On 27 March 2024, Fosun International (HKG: 0656) announced its 2023 annual results. During the Reporting Period, Fosun’s total revenue amounted to RMB198.2 billion, representing a year-on-year increase of 8.6%; profit attributable to owners of the parent was RMB1.38 billion, representing a significant year-on-year growth. Guo Guangchang, Chairman of Fosun International, said in the annual results conference on 28 March, “For Fosun, these results performance did not come easily. Over the past year, despite the fluctuations in the external economic environment, our industrial operational capabilities have not only withstood the test, but have also improved significantly. Thanks to our…
“Doomsday: Last Survivors” Achieves Record Monthly Gross Billing IGG Inc (IGG or the Group, HKG: 799), a leading global developer and publisher of mobile games and applications, is pleased to announce the audited consolidated financial results of the Group for the year ended 31 December 2023. In 2023, the Group ushered in a new chapter marked by a breakthrough in business and a remarkable turnaround from loss. Drawing on over a decade of experience and expertise in the strategy games genre, the Group developed two highly-rated strategy games, “Doomsday: Last Survivors” and “Viking Rise”, following the success of “Castle Clash”…
In recent years, the insurance industry has embarked on a new cycle of high-quality development and transformation. Standing out as a private insurance service group founded and grown solely through market mechanisms, and the only listed traditional insurance enterprise among the 205 insurance companies established in mainland China in this century, Sunshine Insurance (HKG: 6963) demonstrates exceptional foresight, precision in decision-making, high degree of strategic determination and robust execution capabilities on the journey towards high-quality development. Consequently, it has emerged as a pioneer and representative force of innovation within the financial industry. Based on scientifically analyzing the macroeconomic situation and…
Avance Clinical, the award-winning Australian and North American market-leading CRO for biotechs, will attend World Vaccine Congress in Washington DC (April 1-4, 2024) and share the latest clinical trial client news including the Uvax Bio announcement. (Booth #267) Avance Clinical CEO, Yvonne Lungershausen said the World Vaccine Congress was an important event for the company’s US and Australian teams as they continue to excel in biotech vaccine CRO services. Lungershausen said Avance Clinical is a mid-sized, agile, and responsive CRO with a proven track record of swiftly advancing high-quality clinical programs. “This makes us an ideal CRO partner for vaccine…
Wintermar Offshore Marine (WINS:JK) has announced results for FY2023. Wintermar’s net attributable profit jumped by 501.1%YOY to US$ 6.7 million for FY2023 backed by higher charter rates. Higher utilization and rising charter rates towards the 4th quarter lifted gross margins and led to a strong operational performance in FY2023 with EBITDA up 24.4% to US$21.8million on total revenue of US$72.6 million (+19.0%YOY). Owned Vessel Division The Owned Vessel Division’s revenue saw a 33.3% YOY increase to US$ 48.2 million, outpacing the owned vessel direct cost growth of 22.4%. Maintenance costs increased by 70.9% in 2023, with 3 additional mid tier…
– Retail, Education sectors along with Logistics, Courier/Freight/Transportation, and Shipping demonstrate an outstanding upswing in demand for hiring. – Strong Demand in Purchase/Logistics/Supply Chain, HR & Admin, and Marketing & Communications Roles Drives Double-Digit Growth foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for February 2024, which was formerly known as Monster Employment Index (MEI). According to the Philippines FIT report, February 24’ recorded an exponential rise in hiring activity, with the index climbing to 150, marking a significant increase from the previous value of 127 registered in February…
– The country’s annual hiring activity witnessed a (-22%) drop annually, showcasing a negative economic shift in the market – Software, Hardware, Telecom leads all other industry sectors charted the steepest annual decline of (-50%) in February 24 – Legal sector saw a significant annual surge of (+6%) showcasing its resilience and adaptation in the region foundit (formerly Monster APAC & ME), one of the leading talent platforms, today published the foundit Insights Tracker (fit) for February 2024, formerly published as Monster Employment Index (MEI). According to the fit report for Singapore, job roles across sectors have declined, indicating broader…
Seeking to cut CO2 emissions at least 50% by 2030 using 500 kW stationary pure hydrogen fuel cell system, which boasts among the largest generating capacities in Japan*1 TOKYO, Mar 27, 2024 – (JCN Newswire) – TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Group CEO: Koichiro Tanaka) announces that TANAKA Precious Metals will install a stationary pure hydrogen fuel cell system with a maximum generating capacity of 500 kilowatts (kW), one of the largest in private-sector use in Japan, at the Shonan Plant in Kanagawa Prefecture, a key recycling business site for TANAKA. It has decided to install an H2Rex™…
In 2023, CanSinoBIO’s meningococcal conjugate vaccine achieved revenue approximately RMB561.72 million, representing a year-on-year increase of approximately 266.39% compared to last year. The growth trend is evident. Among them, MCV4 Menhycia® is the first quadrivalent meningococcal conjugate vaccine product in Asia. This product has taken advantage of its first-mover competitive advantage to quickly spread in the market, filling the void of a lack of high-end vaccines in this area within our nation. Additionally, MCV4 Menhycia® and MCV2 Menphecia® serve as upgrades to domestic meningococcal vaccine varieties, offering improved safety and stronger immunogenicity. At the same time, the company is also…
Huitongda Network Co., Ltd. (Huitongda Network or the Company, together with its subsidiaries, the Group; HKG: 9878), a fast-growing commerce and service platform dedicated to serving businesses in China’s lower-tier retail market, is pleased to announce its annual results for year ended December 31, 2023 (Reporting Year). The Group stayed true to the working principle of “enhancing quality, stabilizing growth and generating value”, took root in the lower-tier market and served corporate customers. The Group revenue is steadily growing, and profitability maintains a rapid growth momentum, continuously creating value for shareholders. During the Reporting Year, the Group recorded total revenue…
Adjusted net profit reaches RMB455.6 millions Recommends the distribution of a final dividend of HK10 cents VCREDIT Holdings Limited (VCREDIT or the Group; HKG: 2003), a leading independent online consumer finance provider in China, announced its audited annual results for the year ended 31 December 2023. During the year, the Chinese macro-economy and residents’ consumption capacity slowed with demand weakening for consumers. Nevertheless, the Group still achieved steady growth through refined operations. Total income was RMB3,569.5 million, with an adjusted net profit of RMB455.6 million. The Board has recommended the distribution of a final dividend of HK10 cents per share…
The Group achieved significant topline growth with strong earnings in 2023; gross written premiums (GWP) reached RMB29,501 million, with a year-on-year increase of 24.7%, and achieved underwriting profits for three consecutive years Net profit attributable to owners of the Company achieved RMB4,078 million, adjusted profit attributable to owners of the Company reached RMB294 million, turning to profitable in 2023 “Insurance + Tech” dual-engine strategy made sustained breakthroughs; total revenue from technology export business reached RMB829 million, with a year-on-year increase of 40% Developing a one-stop digital bank in Hong Kong; net revenue of ZA Bank grew by 42.9% year-on-year to…