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Zhenro Properties Announces Annual Results 2021

indie 31 3 月

6 minutes

HONG KONG, Mar 31, 2022 - (ACN Newswire via SEAPRWire.com) - Zhenro Properties Group Limited ("Zhenro Properties" or "the Group"; stock code: 6158), a leading PRC property developer, announced its audited annual results for the year ended 31 December 2021 (the "Year"). For the year ended 31 December 2021, revenue increased 2.4% year-on-year to RMB36,992.4 million. Profit was RMB1,195.5 million and core profit was RMB2,284.1 million.Annual Results and Operational Highlights-- The aggregated contracted sales of the Group, together with its joint ventures and associated companies, for the year ended 31 December 2021 was RMB145.6 billion, representing a year-on-year increase of 2.6%.-- During the year, the Group acquired 29 parcels of land with an aggregated estimated GFA of 4.3 million sq.m. As at 31 December 2021, the Group had a total land bank with GFA of 25.95 million sq.m.-- For the year ended 31 December 2021, revenue increased 2.4% year-on-year to RMB36,992.4 million. Profit was RMB1,195.5 million and core profit1 was RMB2,284.1 million.-- Contract liabilities (which is advanced sales proceed) as at 31 December 2021 was RMB90,987.1 million, representing a year-on-year increase ...

Yincheng International Holding Announces 2021 Annual Results

indie 31 3 月

8 minutes

HONG KONG, Mar 31, 2022 - (ACN Newswire via SEAPRWire.com) - An established property developer in the PRC focusing on developing quality residential properties in the Yangtze River Delta Megalopolis for customers of all ages, Yincheng International Holding Co., Ltd. ("Yincheng International Holding" or the "Company", together with its subsidiaries, the "Group", Stock code: 1902.HK) is pleased to announce its audited consolidated annual results for the year ended 31 December 2021 (the "Year").During the Year, the Group recorded a revenue of approximately RMB8.75 billion. Gross profit was approximately RMB1.51 billion, representing an increase of 30.1% YoY. Gross profit margin was approximately 17.2%, representing an increase of 6.4 percentage points. The Group's profit for the year increased by 25.7% YoY to approximately RMB48.5 million, net profit margin was approximately 5.5%, representing an increase of 1.9 percentage point. Profit attributable to owners of the parent for the Year was approximately RMB142 million.Precise Deployment in Key Cities with Sales and Payment Collection Recording a Record HighIn 2021, under the influence of the COVID-19 pandemic and the downturn in the i...

Redsun Properties 2021 Annual Revenue Increases 32.3% to RMB26.67 Billion, Gross Profit Ups 12.7% to RMB5.08 Billion

indie 31 3 月

7 minutes

HONG KONG, Mar 31, 2022 - (ACN Newswire via SEAPRWire.com) - Redsun Properties Group Limited ("Redsun Properties", or the "Group", stock code: 1996), a leading comprehensive property developer in Mainland China, announced today its annual results for the year ended 31 December 2021. The Group achieved stable growth in revenue and profits remained sustainable. It continues to achieve the green tier in the "Three Red Lines" assessment. 2021 Annual Results Highlights:-- Contracted sales reached RMB87.22 billion. Contracted average selling price increased from RMB14,622 per sq.m. in 2020 to RMB16,887 per sq.m. in 2021, representing a year-on-year increase of 15.5%-- Revenue amounted to RMB26.67 billion, representing an increase of 32.3% as compared with 2020. Revenue from commercial operations and hotel operations increased by 15.3% to RMB625.7 million-- Gross profit and gross profit margin were RMB5.08 billion and 19.1% respectively-- Net profit amounted to RMB1.87 billion, representing an increase of 0.6% as compared with 2020-- As at 31 December 2021, the "Three Red Lines" indications of the Group were in green lights, with gearing ratio (excluding contract liabilities) of 68.1%, ne...

Cirtek Net Profit Soars 9.1 times to HK$ $15.0 million in 2021

pandora 31 3 月

6 minutes

Global Expansion Strategy Bears FruitFurther Ventures into B2C BusinessGets Ready for Post-pandemic Rebound HONG KONG, Mar 30, 2022 – (ACN Newswire) – 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 operationsThe 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 trim products. Armed with an expansive global network and by seizing business opportunities in the recovering market, the Group’s revenue increased by approximately 39.8% year-to-year (“YoY”) to approximately HK$362.5 million. At various countries relaxing anti-pandemic restrictions, demand for and sales of the Group’s products increased and revenues from all major markets gre...

Q P Group Announces 2021 Annual Results

indie 31 3 月

5 minutes

HONG KONG, Mar 30, 2022 - (ACN Newswire via SEAPRWire.com) - 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 on the back of the recovery of the global retail market, and increased web sales, primarily due to the surge in demand for playing cards. Net profit recorded approximately HK$119.0 million for FY2021 (FY2020: HK$129.3 million). Basic earnings per share was approximately HK22.38 cents (FY2020: HK24.57 cents).The Board of Directors has proposed a final dividend of HK11.0 cents per share (FY2020: HK12.0 cents) for FY2021. Together with the interim dividend of HK2.0 cents (FY2020: ...

Huijing Holdings Contracted Sales Continued to Grow to RMB8 Billion, Revenue Steadily Increased to RMB5.31 Billion

indie 30 3 月

7 minutes

HONG KONG, Mar 30, 2022 - (ACN Newswire via SEAPRWire.com) - 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 was 31.4%-- Adequate high-quality land reserves, with approximately 582,000 sq.m. added in 2021-- Proposed final dividend of HK2.48 cents per share was recommended by the BoardContinuous growth in contracted sales and steady improvement in results For the year ended 31 December 2021, the Group has maintained growth in its results by adhering to its precisely targeted "one focus, one core and two wings" quality property mix and professional services in the...

Kingworld Medicines Sees 2021 Profit Soar 159% to RMB30.3 Million

indie 30 3 月

6 minutes

HONG KONG, Mar 30, 2022 - (ACN Newswire via SEAPRWire.com) - 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 (2020: HK0.65 cents).Pharmaceutical product distribution has been one of the Group's key businesses for many years. In 2021, the sales revenue of Nin Jiom Pei Pa Koa, Nim Jiom Pei Pa Candies and Kingworld Imada Red Flower Oil achieved a year-on-year increase of 85%, 14% and 29%, respectively.In respect of pharmaceutical product distribution business, the Group continued to optimize its channel network layout and made structural adjustments. Based on Mar...

Dynasty Fine Wines 2021 Revenue Rises Notably by 28% to HKD306 Million Due to Successful “5+4+N” Product Strategy

indie 30 3 月

5 minutes

HONG KONG, Mar 29, 2022 - (ACN Newswire via SEAPRWire.com) - Dynasty Fine Wines Group Limited ("Dynasty" or "the Group") (Stock Code: 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 was a one-off transaction, recorded in 2020. If the net gain of the one-off disposal in 2020 was excluded, profit attributable to owners of the Company would have increased significantly in 2021 versus the preceding year.In 2021, the revenue of wine products grew, mainly due to a marked increase in sales volume of products, especially middle to high-end wine products, after optimization of the Group's product mix, as well as the increase in market price of certain upgraded and custom-made products during the year. In ...

CNE TECH Announces 2021 Annual Results

indie 29 3 月

7 minutes

HONG KONG, Mar 29, 2022 - (ACN Newswire via SEAPRWire.com) - China Nuclear Energy Technology Corporation Limited ("China Nuclear Energy Technology", together with its subsidiaries, "the Group"; stock code: 0611.HK) 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 revenue of the Group increased by approximately 20.1% to approximately HK$2.61 billion (2020: HK$2.17 billion), mainly driven by the increase of revenue generated from the power generation segment. Profit attributable to owners of the Company surged by approximately 57.3% to approximately HK$89.78 million (2020: HK$57.06 million) when compared to last year. The net profit margin also increased to 4.1% (2020: 3.2%). The basic earnings per share was HK6.84 cents (2020: HK4.35 cents), representing year-on-year increase of approximately 57.2%.The management of the Group revealed that the global economy continued to be...

Universal Medical Announces 2021 Annual Results: Business with Steady Promotion, Net Profit of Hospital Group Increased by 39.5%

indie 29 3 月

8 minutes

HONG KONG, Mar 29, 2022 - (ACN Newswire via SEAPRWire.com) - Genertec Universal Medical Group Company Limited (the "Company" or "Universal Medical", and together with its subsidiaries, the "Group"; Stock Code: 2666.HK) 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 December 2021, the profit for the year attributable to owners of the parent amounted to approximately RMB1,835.2 million, representing an increase of 11.4% as compared with that of approximately RMB1,647.5 million for 2020.-- As at 31 December 2021, the total assets amounted to approximately RMB69,899.8 million, representing an increase of 13.6% as compared with that of approximately RMB61,511.0 million as at 31 December 2020. -- As at 31 December ...

Jinchuan International’s 2021 Profit Attributable to Shareholders Surges 303% to US$120.5 Million

indie 29 3 月

7 minutes

HONG KONG, Mar 29, 2022 - (ACN Newswire via SEAPRWire.com) - 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-- During the Year, the Group produced 61,260 tonnes of copper and 3,379 tonnes of cobalt and sold 57,001 tonnes of copper and 2,617 tonnes of cobalt-- Cost of sales of the mining business declined 16%, attributable to the Group's stringent control of costsDuring the Year, the Group recorded revenue of US$831.9 million, a year-on-year increase of 25.2%, which was attributable to the rise in the benchmark copper and cobalt prices. Total revenu...

Tai Hing Group Announces 2021 Annual, Revenue up 13.4% Net profit amounts to HK$99.7 million

indie 29 3 月

8 minutes

HONG KONG, Mar 29, 2022 - (ACN Newswire via SEAPRWire.com) - Tai Hing Group Holdings Limited ("Tai Hing Group" or the "Group"; stock code: 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), turning around the decline last year by strengthening resilience of its businesses as well as reducing costs and increasing profits-- Gross profit and gross profit margin were HK$2,294.7 million (FY2020: HK$1,976.3 million) and 72.3% (FY2020: 70.6%), respectively-- Profit attributable to owners of the Company amounted to HK$99.7 million (FY2020: HK$119.0 million) -- The Board recommended a final dividend of HK4.95 cents per share; hence total dividend for FY2021 was HK7.45 cents per share, representing a dividend payout ratio of 75% -- "Men Wah Bing Teng" recorded a significant revenue growth of 54.2% to HK$760.5 million; "Asam Chicken Rice" also achieved an impressive ...

EEKA Fashion Announces 2021 Annual Results, Double-digit Revenue and Profit Growth Driven by Multi-Brand Strategy

indie 28 3 月

5 minutes

HONG KONG, Mar 28, 2022 - (ACN Newswire via SEAPRWire.com) - EEKA Fashion Holdings Limited (Ticker: 3709.HK, "EEKA" or "the Group") announced unaudited consolidated annual results for the year ended 31 December 2021 ("the period"). In 2021, the Group's revenue increased 19.3% year-on-year to RMB6.4 billion. Gross profit was RMB4.8 billion, representing an increase of 21.2% year-on-year. The gross profit rate was 74.6%. Net profit increased by 28% to RMB562 million.Mr. Jin Ming, Founder and CEO of EEKA Fashion, said "Based on EEKA's multi-brand strategy, we are committed to providing high-quality products to meet our customer's needs, to further empower the intellectual, elegant, and modern styles for women. EEKA focuses on enhancing our core operational capabilities through innovative research and design, supply chain digitalization, and membership management. With our platform-based multi-brand strategy, we will continue to grow our business amid positive market outlooks, and to fuel the innovations within the industry with our leading position. With that, we are confident in achieving the goal of exceeding 10 billion retail sales by 2023."During the period, the Group recorded str...

Kindstar Globalgene Announces FY2021 Annual Results, Revenue Increases to RMB930.67 Million

indie 25 3 月

8 minutes

HONG KONG, Mar 25, 2022 - (ACN Newswire via SEAPRWire.com) - Kindstar Globalgene Technology, Inc. ("Kindstar Globalgene" or the "Company", together with its subsidiaries, collectively the "Group"; stock code: 9960.HK), a leading independent esoteric clinical testing service provider in China, today announced its audited annual results for the year ended 31 December 2021 ("2021" or the "Year"). During the period under review, the Group recorded total revenue of RMB930.67 million, representing a year-on-year increase of 4.4%. Revenue from non-COVID-19-related testing services was RMB868.57 million, an increase of 12.3%. The Group's consolidated gross profit was up by 5.4% year-on-year to RMB485.77 million, while the consolidated gross profit margin rose by 0.5% year-on-year to 52.2%. Cash and cash equivalents amounted to RMB1,796.7 million, a growth of 113.6% year-on-year. The non-COVID-19-related testing services segment recorded results of RMB197.18 million, an increase of 17.5% year-on-year. The Board has resolved not to distribute a dividend for FY2021.Focused on specialty esoteric testing services and vigorously developed related services in six major specialty areas Since its i...

REDSUN SERVICES’s 2021 Annual Profit Attributable to Equity Shareholders Increases 42.6% to RMB128.0 million as compared with the Adjusted Figure in the Last Year

indie 25 3 月

8 minutes

HONG KONG, Mar 25, 2022 - (ACN Newswire via SEAPRWire.com) - Redsun Services Group Limited ("Redsun Services" or the "Group"), a fast-growing comprehensive community services provider with a strong presence in the Yangtze River Delta region, has announced its annual results for the year ended 31 December 2021 ("FY2021"). The Group reported steady growth in its three business lines of property management services, value-added services for non-property owners and community value-added services, as well as continued improvement in management scale and profitability. FY2021 Highlights:-- The Group's revenue was RMB1130.0 million, representing an increase of 47.2% compared with FY2020.-- The breakdown of the Group's revenue by business line is as follows:1) Revenue from property management services was RMB753.6 million, representing a year-on-year increase of 51.9% and accounting for 66.7% of the total revenue. 2) Revenue from value-added services for non-property owners was RMB180.3 million, representing an increase of 11.8% compared with last year and accounting for 16.0% of total revenue.3) Revenue from community value-added services surged by 77.6% to RMB196.1 million, accounting fo...

Olam Group to sell 35% stake in Olam Agri for $1.68 billion, sees potential unit IPO

elean 25 3 月

0 min

VCREDIT Announces 2021 Annual Results

indie 24 3 月

6 minutes

HONG KONG, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the "Year"). During the Year, the Group's total income increased significantly by 34.4% year-on-year to RMB3,458 million (2020: RMB2,573 million). The Group successfully achieved a turnaround, with net profit of RMB1,179 million (2020: net loss of RMB870 million). The Group is committed to creating sustainable investment returns for its shareholders, sharing the fruits of success in its operations. Therefore, following the declaration of dividend for the first time during its interim results, the Board has recommended a final dividend of HK15 cents per share for the Year. Together with the interim dividend and special dividend totalling HK20 cents per share already paid out, the full year dividend was HK35 cents per share. Although the COVID-19 pandemic and evolving macro-economic environment brought challenges and uncertainties, VCREDIT delivered an outstanding operating performance and promis...

VCREDIT Announces a Final Dividend of HK15 cents

indie 24 3 月

6 minutes

HONG KONG, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the "Year"). During the Year, the Group's total income increased significantly by 34.4% year-on-year to RMB3,458 million (2020: RMB2,573 million). The Group successfully achieved a turnaround, with net profit of RMB1,179 million (2020: net loss of RMB870 million). The Group is committed to creating sustainable investment returns for its shareholders, sharing the fruits of success in its operations. Therefore, following the declaration of dividend for the first time during its interim results, the Board has recommended a final dividend of HK15 cents per share for the Year. Together with the interim dividend and special dividend totalling HK20 cents per share already paid out, the full year dividend was HK35 per share. Although the COVID-19 pandemic and evolving macro-economic environment brought challenges and uncertainties, VCREDIT delivered an outstanding operating performance and promising fi...

Yowie Group Launches “Fill Baskets and Hearts with Yowie” Easter Campaign

indie 24 3 月

4 minutes

NEW YORK, NY, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - Yowie Group, the confectionary company that brings families sustainably sourced sweet treats combined with a unique educational experience, has officially debuted their "Fill Baskets and Hearts with Yowie" Easter campaign. This spring, Yowie is delighted to bring loved ones together by offering a curated collection of free Easter-themed activities featuring sweet treats, homemade gifts, engaging activities and fun educational experiences."At Yowie, we pride ourselves on being a resource to parents as they plan family friendly festivities that lead up to Easter weekend as well as on the actual holiday," said Yowie Group's Global CMO, Cynthia Thayer. "Fans in U.S. and Australia will delight in making homemade Yowie-themed crafts and creating tasty Yowie treats. We hope these Easter-inspired Yowie activities fill hearts, homes and baskets during this special time of celebration."This Easter, try an all-new recipe featuring a Yowie Surprise-Inside Chocolate Egg, perfect for parties with friends and family celebrations. Children can also decorate the fridge, playroom, or their bedroom with Yowie-themed cut out Easter eggs d...

Kingsoft Announces 2021 Annual and Fourth Quarter Results

indie 23 3 月

6 minutes

HONG KONG, Mar 23, 2022 - (ACN Newswire via SEAPRWire.com) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2021 annual results and fourth quarter results for the period ended 31 December 2021.For the year of 2021, the revenue of Kingsoft increased 14% year-on-year to RMB6,371.4 million. Revenue from the office software and services and online games and others represented 51% and 49%, respectively, of the Company's total revenue for the year of 2021. Gross profit for the year of 2021 increased 11% year-on-year to RMB 5,214.3 million, while operating profit amounted to RMB1,360.6 million.For the fourth quarter of 2021, the Company's revenue increased 13% year-on-year and 21% quarter-on-quarter to RMB1,822.1 million. Revenue from the office software and services and online games and others represented 50% and 50%, respectively, of the Company's total revenue for the fourth quarter of 2021. Gross profit for the fourth quarter of 2021 increased 8% year-on-year and 17% quarter-on-quarter to RMB1,449.6 million, while operating profit amounted to RMB331.4 million. Mr. Jun LEI, C...

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