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Binasat Posts 55.0% Increase in FY2022 Revenue to RM83.51 Million

indie
3 minutes

KUALA LUMPUR, Aug 29, 2022 - (ACN Newswire via SEAPRWire.com) - Binasat Communications Berhad, an all-round solution provider of network engineering and services, today reported revenue of RM83.51 million for the full-year ended 30 June 2022 (FY2022), a 55.08% increase compared with RM53.85 million for the corresponding period of the last financial year (FY2021) mainly attributable to higher revenue from civil mechanical and engineering works, recurring teleport services and revenue from transmission and distribution network facility services and engineering, procurement, construction and commissioning (EPCC) of solar farm facilities.Binasat Communications' office in Technology Park Malaysia, Bukit Jalil, Kuala LumpurFor the period under review, Binasat recorded a 50.74% gain in GP to RM18.22 million compared with the preceding year corresponding period on higher revenue from transmission and distribution network facility services and EPCC of solar farm facilities.Binasat registered 63.53% increase in PBT for FY2022 compared with RM12.09 million in FY2021 mainly due to increase in GP and additional rental income of RM0.39 million The Group's PAT gained 123.27% to RM5.41 million com...

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IBI Group Announces FY2022 Annual Results, Steadfast Resilience Albeit Market Challenges

indie
5 minutes

HONG KONG, Jun 30, 2022 - (ACN Newswire via SEAPRWire.com) - IBI Group Holdings Limited ("IBI" or the "Company", together with its subsidiaries as the "Group"; Stock Code: 1547), a publicly listed company that holds investments in companies focusing on the Built Environment, today announced its business results for the financial year ended 31 March 2022 ("FY2022").During the year under review, the Group recorded an income of approximately HK$405.9 million (FY2021: HK$556.7 million). Gross profit was approximately HK$68.0 million (FY2021: HK$79.4 million) and profit attributable to the owners of the Company was approximately HK$27.0 million compared with approximately HK$54.4 million from the previous financial year (which included a one-off gain of approximately HK$43.6 million generated from its strategic investments segment). Basic and diluted earnings per share was HK3.4 cents (FY2021: HK6.8 cents).The Group maintained a strong financial position with cash and cash equivalents of approximately HK$141.6 million (FY2021: HK$87.1 million) and no bank borrowings as at 31 March 2022. The Board has recommended payment of a final dividend of HK1.0 cent per share for the year ended 31 M...

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Hypebeast Ltd. (0150.HK) ended the financial year with another all-time high in revenue and profitability

indie
5 minutes

HONG KONG, Jun 29, 2022 - (ACN Newswire via SEAPRWire.com) - Hypebeast Limited (Stock Code: 0150.HK) is the global leading platform for contemporary culture and lifestyle, and a premier destination for editorially-driven commerce and news. The Board of Directors of Hypebeast Limited has announced the Group's annual results for the year ended 31 March 2022 ("FY2022"). -- Revenue amounted to HK$895.6 million in FY2022, up from HK$674.2 million in FY2021, representing an increase of HK$221.4 million or 32.8%.-- Gross profit margin rose by 11.7 percentage points from 49.6% in FY2021 to 61.3% in FY2022. -- The Group delivered net profit of HK$100.2 million for FY2022, a 41.9% increase compared to FY2021. The increase translated to an improvement of net profit margin by 0.7 percentage points, resulting in an increase from 10.5% in FY2021 to 11.2% in FY2022.-- Total value in signed contracts for the Media Segment increased by 31.7% during FY2022 as compared to the prior year.-- 12-month average website monthly unique visitors (number of user who requests web pages across Hypebeast, Hypebae and Popbee platforms in a month) amounted to 16.4 million, representing a 5.1% increase over FY2021,...

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Alpina Achieved a Record Set of Results for FY2021; Revenue Increased by 36.8% to S$51.89 Million with Net Profit Surging by 84.0% to S$9.28 Million

indie
6 minutes

Singapore, Mar 31, 2022 - (ACN Newswire via SEAPRWire.com) - Alpina Holdings Limited (the "Company", and together with its subsidiaries, the "Group"), an established Singapore-based specialist in providing integrated building services ("IBS"), mechanical and electrical ("M&E") engineering services, and alteration and addition ("A&A") works to public and private sector projects, is pleased to announce that it has achieved a record set of results for the financial year ended 31 December 2021 ("FY2021"). With predominantly public sector customers such as government ministries and statutory boards as well as public education institutions, the key contract highlights of the Group's business segments are as follows:> IBS - With specified contract period that generally ranges from 1 to 4 years, and in certain instances, up to 6 years.> M&E - Rendered on specific project basis> A&A - Term contracts with a fixed contract period ranging from 2 to 4 yearsRevenue growth of 36.8% with strong performance from IBS and M&E business segments: With business operations normalising in FY2021 as the Singapore authorities embarked on a three-phased approach to resume activit...