Author: Marie Jones

Cirtek Holdings Limited (“Cirtek” or the “Group”; HKEX: 1433), a leading apparel labels and trim products manufacturer, today announced its annual results for the year ended 31 December 2021. With the global economy gradually stabilising, the Group implemented its global expansion strategy and achieved outstanding result during the year under review, making revenue higher than pre-COVID-19 pandemic levels with profit attributable to owners of the Company up more than nine times. Review of operations The apparel industry has sped up digital transformation amid the pandemic, which has driven the industry development and helped push up demand for apparel labels and…

Q P Group Holdings Limited (“Q P Group” or the “Group”; Stock code: 1412), one of the leading manufacturers of paper-based tabletop games and paper-based greeting cards in the People’s Republic of China (the “PRC”), today announced its annual results for the year ended 31 December 2021 (“FY2021” or the “Reporting Year”). During FY2021, the Group recorded total revenue of approximately HK$1.39 billion, representing an increase of around 12.7% from approximately HK$1.23 billion for the year ended 31 December 2020 (“FY2020”). The increase was mainly attributable to the increase in the original equipment manufacturer (“OEM”) sales to its major customers…

SEMK Holdings International Limited (SEMK, together with its subsidiaries, the Group, HKG: 2250), the largest domestic character Intellectual Property (IP) company engaged in the provision of licensing services, design consultation services and retail of licensed brand products of its self-created B.Duck family characters, announced today the first annual results after its listing on the Main Board of The Stock Exchange of Hong Kong Limited on 17 January 2022. Despite the unprecedented challenges due to the COVID-19 pandemic (the Pandemic), SEMK’s business remains resilient. The Group’s total revenue for the year ended 31 December 2021 (FY2021 or the Year) was approximately…

Revenue Surges by 68.8% to RMB8.17 Billion Achieves Positive Gross Profit of RMB94.8 Million Diversified Product Coverage and Multi-Scenario Business Model Further Optimize Scale and Efficiency Hangzhou SF Intra-City Industrial Co., Ltd. (SF Intra-City or the Company; HKG: 9699), the largest third-party on-demand delivery service platform in China, today announced its annual results for the year ended 31 December 2021 (the Year). Revenue continued to rise with gross profit and gross profit margin turning positive for the first time. The inspiring set of results demonstrates the successful implementation of its business development strategies. Results Highlights — Revenue surged by 68.8%…

Recognizing the Commitment to Sustainable Development Witnessing Outstanding Performance of Enterprises Quamnet Outstanding Enterprise Awards 2021 announced the awarded enterprises, with eight enterprises being awarded for nine awards. The Awards was able to receive recognition from the business community and media from both Hong Kong and overseas, witnessing the outstanding performances of these companies. The 13th Quamnet Outstanding Enterprise Awards: “Sustainability to Attain Business Excellence” Being a leading financial website in Hong Kong, Quamnet not only focuses on the financial field, but also the accomplishments of Hong Kong business community which attracts public attention. The Awards, instituted in 2009, is…

Dusit Thani Laguna Phuket, a luxurious beachfront resort owned and operated by Dusit International, one of Thailand’s leading hotel and property development companies, is turning collaborations into exceptional value with a ‘Simply Amazing’ stay experience featuring an enticing room offer and many opportunities to create lasting memories this month. Available for booking between 1-23 April 2022 for stay dates between 7-30 April 2022, the ‘Simply Amazing’ room offer applies to Club rooms, Suites, and Villas and starts at only THB 9,000 net per night, inclusive of daily breakfast for two. To elevate the stay experience, Dusit has also teamed up…

Huijing Holdings Company Limited (“Huijing Holdings” or the “Group”; Stock code: 9968), an integrated residential and commercial property developer in the PRC, with a strong presence in the Greater Bay Area, has today announced its annual results for the year ended 31 December 2021 (“FY2021” or “the Year”). Results Highlights: — Contracted sales (including contracted sales from joint venture) increases by approximately 3.9% to RMB8.0 billion in 2021 — Revenue increases by 3.0% year-on-year to approximately RMB5,309.3 million — Net profit amounted to approximately RMB550.4 million; net profit margin was 10.4% — Gross profit totaled RMB1,666.9 million, gross profit margin…

Solargiga Energy Holdings Limited (Solargiga or the Group; HKG: 757), a leading vertically integrated enterprise that manufactures monocrystalline photovoltaic products for generating solar energy in the PRC, announced today its annual results and that it turned around to profit for the year ended 31 December 2021. Driven by increase in sales of its major products, photovoltaic modules and monocrystalline silicon wafers, plus the climb in average selling price of silicon wafers, the Group’s revenue increased by 17.4% to RMB7,105.0 million, with total external shipment volume up 7.8% year-on-year. It achieved a significant turnaround with profit attributable to owners of the…

China Mengniu Dairy Company Limited and its subsidiaries (together as Mengniu or the Group) (HKG: 2319), a leading dairy product manufacturer in China, has announced its audited annual results for the year ended 31 December 2021. In 2021, Mengniu seized the development opportunities in the dairy product industry through continuous product innovations and upgrades, rebranding efforts, and expanding online and offline channels for omnichannel development, leading to revenue growth that once again exceeded expectations. For the year ended 31 December 2021, the revenue of the Group amounted to RMB88,141.5 million, representing a year-on-year increase of 15.9%, reflecting the strength and…

ESPRIT HOLDINGS LIMITED (the “Company”, together with its subsidiaries, “ESPRIT” or the “Group”; HKEx: 00330) has announced its audited financial annual results for the year ended 31 December 2021 (the “Current Year”), highlighted by a significant increase in both revenue and profit attributable to shareholders of the Company to HK$8,316 million and HK$381 million respectively, in which the profit attributable to shareholders of the Company also recorded a turnaround versus the loss attributable to shareholders of the Company of HK$414 million for the six months ended 31 December 2020 (the “Corresponding Period”1 ). Gross profit margin was 48.6%, 7.0% higher…

Blockpass is delighted to announce a new partnership which is being forged with H3RO3S, the real-life play-2-earn game, for the purposes of identity verification and onboarding. In this, Blockpass will be integrating its unique KYC solution with H3RO3S’ platform as the company gears up to launch its app. Designed to promote entertainment, working and mental well-being in socially distant situations, H3RO3S is a play-to-earn gaming system that attaches incentives to the different products, levels and talents. Primarily targeting students, it allows the users to redeem incentives amidst a backdrop of gaming by completing tasks – such as reading over assignments…

Kingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing world-famous greater health products, announced today its audited consolidated results for the year ended 31 December 2021. Although the Group faced many uncertainties in 2021, it managed to achieve a significant recovery and growth. Revenue increased by 13.7% to approximately RMB847.4 million. Profit attributable to owners of the Company increased by 159% to approximately RMB30.3 million. Basic earnings per share increased by 162% to approximately RMB5 cents. The Board recommends the payment of a final dividend of HK2.39 cents per share for the year ended 31 December 2021…

SCCG Management Founder and CEO, Stephen Crystal, announced that Rosa Ochoa has joined the SCCG Management leadership team for Mexico and Latin American Countries. Rosa Ochoa has more than 20 years of experience developing business plans and client relationships, managing project execution and leading local operations for the most prominent international gaming and lottery companies. Throughout her professional career she has created strategies to position diverse products and services in gaming, technology, education and entertainment, generating B2B/ B2C opportunities. Rosa is also a certified coach and passionate about generating content for digital media. She is also an active member in…

Genertec Universal Medical Group Company Limited (the Company or Universal Medical, and together with its subsidiaries, the Group; HKG: 2666) is pleased to announce annual results for the year ended 31 December 2021. FINANCIAL HIGHLIGHTS For the year ended 31 December 2021, the revenue amounted to approximately RMB9,914.3 million, representing an increase of 16.3% as compared with that of approximately RMB8,521.2 million for 2020. For the year ended 31 December 2021, the profit before tax amounted to approximately RMB2,691.8 million, representing an increase of 13.8% as compared with that of approximately RMB2,365.0 million for 2020. For the year ended 31…

Jinchuan Group International Resources Co. Ltd., (the “Company” or “Jinchuan International”; together with its subsidiaries, the “Group”; stock code: 2362), Jinchuan Group’s flagship platform for overseas mineral resources development, has announced its audited annual results for the year ended 31 December 2021 (the “Year”). Highlights of 2021 Annual Results — Revenue amounted to US$831.9 million, up by 25.2% year-on-year. Revenue from mining segment was US$620.6 million and revenue from the trading of mineral and metal products was US$211.3 million — Gross profit increased considerably by 188% to US$251.7 million — Profit attributable to shareholders soared by 303% to US$120.5 million…

“Men Wah Bing Teng” and “Asam Chicken Rice” Continue to Drive the Group’s Business Growth Significant improvement in Performance with Optimising Internal Management and Adopting Flexible Business Strategies Tai Hing Group Holdings Limited (Tai Hing Group or the Group; HKG: 6811), a multi-brand casual dining restaurant group with roots in Hong Kong and a network of around 220 restaurants in Hong Kong, Mainland China, Macau, and Taiwan, has just announced its annual results for the year ended 31 December 2021 (the Review Year or FY2021). RESULTS HIGHLIGHTS — The Group’s revenue increased by 13.4% to HK$3,173.0 million (FY2020: HK$2,797.9 million),…

Paving the Way for High-performance Cloud Resources and High-grade Email Security Solutions to Enhance Efficiency and Safety in the Hybrid Work Model Green Radar is pleased to announce a strategic partnership with CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (HKG: 1883). With Green Radar’s extensible email protection in MDR (Managed, Detection and Response) model, CITIC Telecom CPC will expand its SmartCLOUD(TM) cloud solution offerings to cover email security, while Green Radar can enhance its cloud reliability, a necessary component to its solutions, powered by CITIC Telecom CPC’s extensive ICT infrastructure…

Industrial Securities initiated coverage on Yeahka Limited (Yeahka or the Company) (HKG: 9923) with an Overweight rating. Since 2021, Yeahka has been covered actively by 13 leading brokerages (by alphabetic order), including China Renaissance, China Securities, CICC, CITI, CLSA, Daiwa, Essence Securities, Guosheng Securities, Guotai Junan Securities, Huatai Securities, Industrial Securities, Jefferies, and Zhongtai Securities. Yeahka’s sustainable, solid growth is the key to the attention from these brokerages. Recently, Yeahka stated that it will announce its audited consolidated results for the year ended 31 December, 2021.The Company’s management will host an earnings conference call on 31 March, 2022 at 8:00…

Dynasty Fine Wines Group Limited (Dynasty or the Group) (HKG: 828), a premier grape winemaker in China, today announced its audited annual results for the year ended 31 December 2021. Revenue in 2021 increased by 28% year-on-year to HK$306 million. Gross profit rose by 103% year-on-year to HK$121.9 million. Gross profit margin increased significantly from 25% in 2020 to 40% in 2021. Profit attributable to owners of the Company was HK$32.8 million in 2021, a decrease when compared with HK$116.4 million in 2020. The decline was due to a net gain (after tax) of HK$183.7 million from a disposal, which…

Profit Attributable to Owners of the Company Increased Significantly by 57.3% to approximately HK$89.78 Million Striving to Expanding Revenue Stream and Optimising Strategic Layout of New Energy Business China Nuclear Energy Technology Corporation Limited (China Nuclear Energy Technology, together with its subsidiaries, the Group; HKG: 611) is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the Year). During the Year, China Nuclear Energy Technology continuously accelerated the progress of project development and construction. The steady growth in project reserves led to the stable growth of installed capacity in power generation and profit therefrom. The…