Completes Business Transformation; Pursues The Strategy of Diversifying Business and Developing Value-added Businesses At Full Strength HONG KONG — China Goldjoy Group Limited (“China Goldjoy” or the “Group”; HKEX: 1282) has announced its interim results for the six months ended 30 June 2017. The Group has transformed and diversified its business to include high-value service operations that promise abundant business opportunities and continued to perform well in the first half of 2017. China Goldjoy has officially been included as a constituent stock of the MSCI Hong Kong Small Cap Index since 1 June 2017, which reflected its market recognition. During the…
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Seizes Development Opportunity & Focuses on Tourism and Cultural Industries HONG KONG — The Board of China Household Holdings Limited (“China Household” or the “Group”, proposed name change to “Shenzhou Space Park Group Limited”; Stock Code: 692) announced today the major transaction in relation to acquisition of the China Aerospace-Themed Tourism Township Project was completed on 24 August 2017. This symbolizes the Group is actively seizing the opportunity of China’s aerospace technology development, and its relentless efforts in developing tourism and cultural industries. According to the agreement, China Household acquired the China Aerospace-Themed Tourism Township Project by purchasing the entire issued…
Realized Steady Growth in New Vehicles Sales with High Appreciation Gains from FMC HONG KONG — China Harmony New Energy Auto Holding Limited (China Harmony New Energy Auto or the”Group”, Stock Code: 3836.HK) is pleased to announce the unaudited consolidated results of the Company and its subsidiaries (the”Group”) for the six months ended 30 June 2017. RESULTS HIGHLIGHTS: – Revenue of the Group amounted to approximately RMB5,085.2 million, representing an increase of 3.2% as compared with the same period of 2016, of which revenue from sales of new vehicles increased by 7.6% to RMB4,314.5 million. – The Group’s EBITDA amounted to…
Enriches and Optimizes Product Portfolio; Development Expansion by External Cooperation; Active Mergers and Acquisitions Boost Growth HONG KONG — China Resources Pharmaceutical Group Limited (“CR Pharmaceutical” or the “Group”) (stock code: 3320), announced its interim results for the six months ended 30 June 2017 (“Reporting Period”). As at 30 June 2017, the Group recorded total revenue of approximately HK$82,737.6 million, representing an increase of 9.4% year-on-year (an increase of 15% in RMB terms). Revenue of its three major business segments, namely pharmaceutical manufacturing, pharmaceutical distribution and pharmaceutical retail, accounted for 13.9%, 83.5% and 2.6% of the Group’s total revenue, respectively. The…
Gross Gas Production Elevates by 16% ; Profit from Operations and EBITDA Surges by 17.9% and 21.5% Respectively; Growth Momentum Continues with Realized Net Sales Revenue Up by 16.7% HONG KONG — AAG Energy Holdings Limited (“AAG Energy” or the “Group”; HKEX code: 2686), a leading independent coalbed methane (“CBM”) producer in China, announced its unaudited condensed interim results for the six months ended 30 June 2017 (“review period”). Despite the low natural gas price in China and the global Oil and Gas market becoming increasingly competitive, AAG Energy remained strong and continued to deliver business growth. In the first half…
Profit Attributable to the Owners of the Company Up 3.0% to HK$125 Million; Maintaining Steady Profitability Breaking New Ground in Drug Development HONG KONG — Lee’s Pharmaceutical Holdings Limited (“Lee’s Pharm” or the “Group”, Stock Code: 950), an integrated research-driven and market-oriented pharmaceutical group in China, today announced its interim results for the six months ended 30 June 2017 (the “period under review”). During the period under review, the Group managed to bring the net profit growth back to the positive territory with the aid of the encouraging momentum in both revenue and net profit growth during the second quarter. The…
New campus offers moderately priced, high quality international curriculum SINGAPORE — One World International School (OWIS) announced today it will invest more than S$10 million (US$7.4 million) in a first-of-its kind school in Singapore with up to 1,200 places for expatriate children aged three to 18 years, with tuition fees that will be about 60% less than that charged by major international schools in the country. OWIS recently won a tender, hotly contested by 12 parties, that was awarded by the Singapore Economic Development Board (EDB) to operate a moderate-fee international school based on price and quality of education. School fees…
Today’s announcement a boon to Singapore’s efforts to become a leader in AI. SINGAPORE — Taiger, a Singapore-based company specialising in applied Artificial Intelligence (AI) solutions, has successfully closed its Series A round. The S$8 million funding was led by Tembusu ICT Fund I and included SGInnovate, in a boon to Singapore’s efforts to become a leader in AI. AI has taken the world by storm – organizations, from the big players in technology to governments, are aggressively pumping up R&D efforts and investments in this area. Yet most of the companies in the increasingly crowded AI space come from a…
Net Profit Increases by a Sharp 88% to HK$364.2 Million HONG KONG — HKC (Holdings) Limited (“HKC” or the “Group”) (HKEX: 190), which is principally engaged in property development and investment activities with a primary focus in the P.R.C., has today announced its interim results for the six months ended 30 June 2017. Results Highlights: – Turnover recorded at HK$838.5 million (2016 Interim: HK$635.4 million), up by 32% – Gross profit at HK$271.0 million (2016 Interim: HK$232.9 million), an increase of 16% – Profit attributable to equity holders increased 88% to HK$364.2 million (2016 Interim: HK$193.9 million) – Basic net profit…
A new algorithm could help scientists decide the best atomic structures for the materials they design. Tsukuba, Japan — Designing advanced materials is a complex process, with many potential combinations for precisely placing atoms within a structure. But now, scientists have developed a new tool that helps determine the ideal placements – thanks to an algorithm that identifies the best moves to win computer games, according to a study recently published in the journal Science and Technology of Advanced Materials. Scientists who design advanced materials, which have applications in silicon microchips or optical fibers, for example, often struggle to determine how…
500,000 visitors as the Food, Tea, Home Delights and Beauty & Wellness Expos successfully conclude HONG KONG — Organised by the Hong Kong Trade Development Council (HKTDC), the 28th Food Expo, the ninth Hong Kong International Tea Fair, the fourth Home Delights Expo and the second Beauty & Wellness Expo, together with the International Conference of the Modernization of Chinese Medicine & Health Products, jointly organised with the Modernized Chinese Medicine International Association Ltd, have concluded successfully. The four fairs attracted a record of more than 2,000 exhibitors from 29 countries and regions and drew nearly 500,000 visitors. “The HKTDC has…
HONG KONG — The board of directors of IRICO Group New Energy Company Limited (the “Company”) announces the unaudited condensed consolidated interim results and financial position of the Company and its subsidiaries ( the “Group”) for the six months ended 30 June 2017. So far this year, the Group’s solar photovoltaic glass business continued to expand and the production and sales further increased as compared with the corresponding period of last year, and the pass percentage of the products has improved steadily, achieving an advanced standard in the industry. Our works on cost reduction, efficiency improvement and lean production have progressed…
– JX Online III Records Substantial Annual Growth of 47% – Kingsoft Cloud and WPS Office Makes Significant Development HONG KONG — Kingsoft Corporation Limited (“Kingsoft” or “the Company”; HKEX stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2017 interim results and its unaudited second quarter results ended 30 June 2017. For the first half of 2017, the revenue of Kingsoft increased 76% year-over-year to RMB2,497.8 million. Revenue from the online games, cloud services, office software and services and others made up 65%, 23% and 12%, respectively, of the Company’s total revenue. Gross profit…
Seeking Long-term Development Based on Existing Businesses HONG KONG — Hengdeli Holdings Limited (“Hengdeli” or the “Company” and, together with its subsidiaries, the “Group”; stock code: 3389), an international retailer of renowned brand watches and manufacturer of watch accessories, announced its interim results for the six months ended 30 June 2017 (the “period under review”). During the first half of 2017, China’s economy was mixed with opportunities and challenges. With the beginning of economic recovery on one hand and the return of economic slowdown on the other hand, the operating environment has shown no sign of sustainable recovery. As at 30…
GAIKINDO will return next 2-12 August, for an even better GIIAS 2018! Toyota Booth at GIIAS 2017 JAKARTA, INDONESIA — The GAIKINDO Indonesia International Auto Show (GIIAS 2017), Indonesia’s premiere international automotive event, concluded on 20 August at Indonesia Convention Exhibition in BSD City, near Jakarta. Forty-seven new and concept vehicles were launched at GIIAS 2017, including 3 world premiere models. Rizwan Alamsjah, Chairman of GAIKINDO Exhibition, said, “This year’s achievements topped those of last year. The number of new car launches at GIIAS 2017 with the addition of three world premieres marked a certain milestone for this year’s event.” Alamsjah…
– Daihatsu unveils world premiere concepts DN Multisix & DN F Sedan – UD Trucks selects GIIAS 2017 for Kuzer Trucks world premiere – Mitsubishi launches Mitsubishi Expander small MPV at GIIAS 2017 BSD City, INDONESIA — The Indonesian Automotive Industries Association (GAIKINDO) presents the world class auto show series of GAIKINDO Indonesia International Auto Show (GIIAS 2017). Carrying the theme of “Rise of the Future Mobility”, GIIAS 2017 was discharged for 10 days and open to the public from 10 – 20 August 2017 at Indonesia Convention Exhibition (ICE) in BSD City, near Jakarta. Yohanes Nangoi, the General Chairman of…
– Mr Johanes Kotjo now holds 40,045,552, equivalent to a 4.3% shareholding in the Company SINGAPORE — BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that Mr Johanes Budisutrisno Kotjo (“Mr Johanes Kotjo”), a consultant and shareholder of the Group, had on 17 August 2017 purchased 300,000 shares in the Company (the “Purchase”) from the open market. “We have received immense support from Mr Johanes Kotjo, both from his role as a Consultant of the Group and recently as a shareholder,” said Philip Rickard, the Chief Executive Officer of the…
– Continuously Diversifies Business Portfolio; Actively Explores Cooperation Opportunities – Further Reinforces its Leading Position in the Industry HONG KONG — Differ Group Holding Company Limited (“DFH” or the “Group”) (stock code: 6878), a leading provider of short- to medium-term financing and financing-related solutions in the PRC, has announced its unaudited interim results for the six months ended 30 June 2017 (the “Period”). Benefiting from the robust income growth of its asset management, finance lease and financial services businesses, the Group’s turnover increased by 14.4% to approximately RMB152.0 million, profit for the Period rose to approximately RMB80.0 million and basic…
Follow the Market Trends, core net profit gained a significant increase of 193% HONG KONG — Joy City Property Limited (“Joy City Property” or the “Company”, Stock Code: 0207) announce the consolidated results of the Company and its subsidiaries (the “Group”) for the year ended 30 June 2017 (the “Period”). Results Summary: – Total revenue was RMB 4,814 million, increased by 72.5% YOY – The profit of the Group amounted to RMB 1,403 million, the profit attributable to the owners of the Company amounted to RMB 654 million, increased by 64% YOY. – The core net profit amounted to RMB 820…
HONG KONG — Hosa International Limited (“Hosa Int’l” or the “Company” and, together with its subsidiaries, the “Group”, stock code: 2200.HK), one of the leading sports and healthy conglomerate in the PRC, today announced its interim results for the six months ended 30 June 2017 (the “period under review”). FINANCIAL HIGHLIGHTS – Revenue and gross profit for the six months ended 30 June 2017 were RMB658.8 million and RMB285.7 million respectively. – Gross profit margin for the six months ended 30 June 2017 was 43.4%. – Profit attributable to equity shareholders of the Company for the six months ended 30 June…