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Universal Medical (2666.HK) Announces 2022 Interim Results

indie
9 minutes

HONG KONG, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - The board of directors of Genertec Universal Medical Group Co Ltd (the "Company" or "Universal Medical"; Stock code: 2666.HK) is pleased to announce the interim results of the Company and its subsidiaries (together, the "Group") for the six months ended 30 June 2022. Facing with various unexpected factors emerged during the first half of 2022, while making unwavering efforts to lead the subordinate medical institutions in its proactive commitment to fighting against the pandemic, the Group adhered to its established business strategies by continuing to move forward in the field of medical and healthcare, and steadily promoted its business and improved its overall operating performance.In the first half of 2022, the Group recorded a revenue of RMB5,712.3 million, representing an increase of 14.1% as compared to the corresponding period of the previous year; recorded a net profit of RMB1,176.4 million, representing an increase of 4.5% as compared to the corresponding period of the previous year; recorded a net profit attributable to owners of the parent of RMB1,089.4 million, representing an increase of 3.8% as compared to ...

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Esprit Announces Interim Results for FY2022

indie
7 minutes

HONG KONG, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - ESPRIT HOLDINGS LIMITED (the "Company", together with its subsidiaries, the "Group" or "Esprit", HKEx: 00330) has announced its unaudited financial interim results for the six months ended 30 June 2022 (the "Period"). The Group has recorded total revenue of HK$3,626 million for the Period, as compared to the total revenue of HK$3,872 million for the six months ended 30 June 2021 (the "Corresponding Period"), representing a decrease of 6%. The decrease in revenue was primarily due to the depreciation of the Euro against the Hong Kong dollar. If the revenue for the Period were to be translated by the exchange rate for the Corresponding Period, the revenue would be HK$3,934 million which would have been an increase of 2% from the Corresponding Period. Meanwhile, gross profit margin was 45.8%, marginally lower than the corresponding figures of 46.9% for the Corresponding Period. As a result, the Group recorded an unaudited profit attributable to the shareholders of the Company of HK$13 million for the Period (for the six months ended 30 June 2021: HK$121 million), marking the second consecutive profitable half-year since the ...

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PLS Plantations PAT up by 109.6%

indie
4 minutes

KUALA LUMPUR, Aug 30, 2022 - (ACN Newswire via SEAPRWire.com) - PLS Plantations Berhad recorded a net profit after tax (PAT) of RM35.0 million, a strong conclusion to the financial year ended 30 June 2022 (FY2022). This represents an increase of 109.6% compared to RM16.7 million in the preceding financial year ended 30 June 2021 (FY2021). Total revenue for FY2022 stood at an all-time high of RM184.1 million, up 36.5% compared to RM134.8 million in FY2021 driven by increased sales and higher average selling prices of fresh fruit bunches (FFB).Annual PAT was further moderated by several factors, including the recognition of fair value loss in biological assets of RM5.2 million compared to a RM1.4 million gain in the preceding quarter (Q3FY2022), higher tax, administration expenses, and a one-off provision for doubtful debt in the manufacturing and trading segment which the Company incurred in the last quarter of FY2022.Net profit after tax and minority interest (PATMI) for the year stood at RM27.3 million, up 118.4% from RM12.5 million in the preceding financial year. The positive performance was mainly due to the improved quarter on quarter (QoQ) revenue of RM44.8 million up by 41.8...

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Minetech’s Revenue for 1Q Rises 43.0% to RM24 Million

indie
2 minutes

KUALA LUMPUR, Aug 25, 2022 - (ACN Newswire via SEAPRWire.com) - Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer, today announced that the Company registered a 43.2% rise in revenue for the first quarter ended 30 June 2022 (1Q FY2023) to RM24.05 million compared with RM16.80 million in the corresponding quarter of the last financial year (1Q FY2022).Matt Chin, Executive Director of MinetechFor the quarter under review, the Company recorded a loss before tax (LBT) of RM1.66 million compared with LBT of RM4.35 million in 1Q FY2022.On a segmental basis, Minetech's civil engineering division posted revenue contribution of RM13.7 million for 1Q FY2023, a gain of 34.3% compared with RM10.2 million in 1Q FY2022. The manufacturing division, which produces bituminous products for pipe coating, waterproofing and sealing, recorded revenue contribution of RM5.85 million, a gain of 75.1% compared with RM3.34 million in 1Q FY2022.Matt Chin, Executive Director of Minetech, said, "The civil engineering division's contribution was supported by higher revenue from the Selinsing Gold Mine in the quarter under review compared to the corresponding quarter o...

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Genetec Scales New Heights with Highest Annual Profit to Date

indie
5 minutes

BANGI, Malaysia, May 26, 2022 - (ACN Newswire via SEAPRWire.com) - Technology leader in providing fully customised, intelligent manufacturing automation solutions, Genetec Technology Berhad announced its best annual performance to date for the financial year ended 31 March 2022 (FY2022). The Company recorded RM58.1 million profit after tax (PAT) up 1,420.5% from a loss of RM4.4 million in the preceding year. Annual revenue stood at an all-time high at RM223.6 million, up by 130.3% versus RM97.1 million for the period, driven by the electric vehicle (EV) and energy storage segments. Correspondingly, earnings per share (EPS) stood at 7.90 sen for the period, up by 1,395.1% from -0.61 sen.For the fourth quarter year ended 31 March 2022 (Q4FY2022), Genetec's PAT stood at RM14.0 million, an increase of 333.3% compared to the loss of RM6.0 million in the corresponding quarter for FY2021 (Q4FY2021). Quarter on quarter (QoQ) revenue stood at RM58.7 million, up by 348.1% versus RM13.1 million for the corresponding quarter.In comparison with the preceding quarter, Genetec's Q4FY2022 PAT came in lower by 28.6% compared to RM19.6 million posted in the preceding quarter due to the shorter opera...

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Malaysian Genomics Resource Centre Berhad Records Significant Increase in Revenue of RM7.63 Million

indie
3 minutes

PETALING JAYA, MALAYSIA, Feb 16, 2022 - (ACN Newswire via SEAPRWire.com) - Malaysian Genomics Resource Centre Berhad ("MGRC" or "the Group"), a leading genomics and biopharmaceutical specialist, today announced that it recorded revenue of RM7.63 million for the second quarter ended 31 December 2021 ("2Q FY2022"), a significant increase of RM7.49 million compared with revenue of RM0.14 million for the corresponding quarter of the previous year.The increase in revenue stems from the contribution of the Group's biopharmaceuticals division, which contributed 78% of total revenue and was largely due to the distribution of immunotherapy and cell therapies as well as COVID-19 vaccine distribution and administration.MGRC registered profit after tax ("PAT") of RM1.01 million for 2Q FY2022 compared with a loss of RM1.55 million in the previous corresponding quarter, with the swing back to profitability due to the higher margins from the distribution of immunotherapy and cell therapies.For the first six months ended 31 December 2021 ("1H FY2022"), the Group registered revenue of RM16.94 million, which is an increase of RM16.72 million compared with revenue of RM0.22 million in the correspondi...

ACN Newswire

IBO Technology (2708.HK) Announced Positive Profit Alert; Expects Profit Attributable to the Owners of the Company of not Less than RMB3 million

indie
2 minutes

HONG KONG, Nov 10, 2021 - (ACN Newswire via SEAPRWire.com) - IBO Technology Company Limited (stock code: 2708.HK) has announced a positive profit alert that the profit attributable to the owners of the Company of not less than RMB3 million for the six months ended 30 September 2021 (Loss attributable to the owners of the Company of RMB15.45 million for the six months ended 30 September 2020), which was mainly attributable to: -- the substantial increase in revenue and gross profit during the Reporting Period as compared to the Corresponding Period of 2020, as driven by significant increase in revenue from intelligent terminal products sales;-- gain on change in fair value of convertible bonds was recorded during the Reporting Period, while loss on change in fair value of convertible bonds was recorded for the Corresponding Period of 2020; -- gain on change in fair value of consideration payables was recorded during the Reporting Period, while loss on change in fair value of consideration payables was recorded for the Corresponding Period of 2020. The Board expects that the announcement of the interim results of the Company for the six months ended 30 September 2021 will be publishe...

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CEKD Posts 7.1% Increase in Full-Year Revenue to RM28.23 Million

indie
3 minutes

KUALA LUMPUR, Oct 25, 2021 - (ACN Newswire via SEAPRWire.com) - CEKD Berhad ("CEKD" or the "Group", Stock Code: 0238), a die-cutting solutions provider has announced that the Company posted an increase of 7.1% full year revenue to RM28.23 million despite posting a decrease of 16.2% in revenue of RM5.77 million for the fourth quarter ended 31 August 2021 ("4Q2021"), in comparison with the revenue of RM6.88 million in the corresponding quarter of 2020 mainly due to lower orders from customers affected by the stricter nationwide lockdown from June to August 2021.Managing Director of CEKD, Ms. Yap Kai NingCEKD recorded an increase of 7.4% in full year profit before tax ("PBT") of RM8.54 million despite registering a PBT of RM1.47 million for 4Q2021, which is 28.7% lower than the PBT of RM2.06 million registered in the same quarter of 2020. CEKD recorded an increase of 4.3% in full year profit after tax ("PAT") while posting a 30.4% decline in PAT for 4Q2021 of RM1.09 million compared with the PAT of RM1.57 million in the corresponding quarter of last year. The Company, which listed on 29 September 2021 on the ACE Market of Bursa Malaysia, also incurred RM0.61 million for the full-year ...

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Universal Medical Announces 2021 Interim Results

indie
8 minutes

HONG KONG, Aug 27, 2021 - (ACN Newswire via SEAPRWire.com) - The board (the "Board") of directors (the "Directors") of Genertec Universal Medical Group Company Limited (the "Company" or "Universal Medical"; Stock code: 2666.HK) is pleased to announce the unaudited interim results of the Company and its subsidiaries (together, the "Group") for the six months ended 30 June 2021 (the "Reporting Period"). In the first half of 2021, facing the complex and everchanging economic circumstances at home and abroad, the Group continued to consolidate the foundation of finance business, steadily promoted the medical business development, and achieved steady progress in operating performance. 2021 INTERIM RESULTS HIGHLIGHTS-- For the six months ended 30 June 2021, the revenue amounted to approximately RMB5,007.5 million, representing an increase of 24.4% as compared with that of approximately RMB4,024.2 million for the corresponding period of 2020.-- For the six months ended 30 June 2021, the profit for the period amounted to approximately RMB1,125.5 million, representing an increase of 30.7% as compared with that of approximately RMB861.0 million for the corresponding period of 2020. -- For th...

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Esprit Announces Interim Results for the Six Months Ended 30 June 2021

indie
7 minutes

HONG KONG, Aug 25, 2021 - (ACN Newswire via SEAPRWire.com) - ESPRIT HOLDINGS LIMITED ("Esprit", "the Company" or the "Group;" HKEx: 00330) has today announced its unaudited financial interim results for the six months ended 30 June 2021 (the "Period"). Group revenue for the Period was approximately HK$3,872 million, a marginal decrease of around 5.8% from the six months ended 30 June 2020 (the "Corresponding Period"), primarily resulted from lower revenue in Europe, (approximately 14.4%) due to stringent pandemic related operating restrictions, as well as the Company's temporary exit from Asia Pacific and the closure of several low-performance stores. The reductions were tempered by a stronger performance from the Company's digital operations, which recorded an increase of approximately 17.3%. During the Period, the Esprit website and third-party e-commerce partners continued to trade during lockdown and, as a result, a large portion of the Company's sales were generated online. This business model allowed the Company to mitigate some of the negative impact that the pandemic had on the retail segment.Mr. DALEY Mark David, President and Chief Executive Officer, said, "There is no qu...