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Kingworld Medicines Group Issues Positive Profit Alert for 2021

indie
2 minutes

HONG KONG, Mar 23, 2022 - (ACN Newswire via SEAPRWire.com) - Kingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company for 2021, as compared to RMB11.7 million for 2020.The positive profit alert was based on preliminary assessment of the unaudited consolidated management accounts of the Group for 2021 and information currently available to the Board. The Board attributes the increase in profit mainly to the market recovering from the COVID-19 pandemic outbreak pushing up the turnover and gross profit of imported branded pharmaceutical and healthcare products distributed in China in 2021 by approximately 45% to 50% and approximately 65% to 70%, respectively, against the previous year. The management of the Company also adopted effective measures against the COVID-19 pandemic outbreak to reduce costs and improve efficiency, thus enhancing the Company's overall competitiveness.Shenzhen Dong Di Xin Technology Company Limited, Kingworld Medicines' non-...

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NEC Group Response to the Situation in Ukraine

ruth
2 minutes

TOKYO, Mar 22, 2022 - (JCN Newswire via SEAPRWire.com) - The NEC Group would like to express our sympathies to all who are impacted by the tragic situation in Ukraine, and our thoughts are especially with the family of NEC group employees who call that region home. We sincerely hope that peaceful, safe and secure conditions will return as soon as possible. "Uncompromising Integrity and Respect for Human Rights" is part of the NEC Group's Principles of the NEC Way that define the basis of our actions and behaviors, and we condemn any unlawful use of force that violates human rights.Netcracker Technology, a U.S.-based subsidiary of NEC Corporation, operates software development sites in Ukraine. Netcracker Technology has implemented a series of aid and support initiatives for its employees in Ukraine and their families, including evacuation support and provision of housing, food, water, goods and supplies. As of today, more than 700 of our Ukrainian employees and their families have been relocated to safer locations within Ukraine and abroad.In addition to complying with the regulations of the Government of Japan and the international community, the NEC Group has suspended all future...

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The Metaverse Meets Luxury Fashion: ALTAVA Group Partners with the Sandbox to Launch Exclusive NFT Collection for Both Metaverse

indie
3 minutes

Seoul, Korea, Mar 17, 2022 - (ACN Newswire via SEAPRWire.com) - ALTAVA Group is proud to announce the partnership with the Sandbox to launch exclusive NFT collection for both metaverse. THERE'S no denying that the metaverse and Web3 is a big deal right now and a new collaboration is about to elevate the luxury fashion industry to new heights within this fascinating arena. ALTAVA Group, a metaverse company that stands at the intersection of technology and fashion, are incredibly excited to announce their partnership with metaverse gaming giant The Sandbox to launch an exclusive NFT collection.What makes the partnership so unique? It will provide those who purchase the NFT collection in the NFT marketplace the ability to use it in both The Sandbox and ALTAVA Worlds of You metaverse. The collaboration will undoubtedly amplify ALTAVA to even bigger levels and is set to become the best fashion metaverse.The NFT collection will leverage ALTAVA's experience of digitizing and tokenizing assets for high-end luxury brands including Balmain and Prada to create the most coveted PFP and avatars in The Sandbox metaverse for the lucky owners.ALTAVA also purchased LAND on The Sandbox where users w...

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Far East Horizon Announces 2021 Annual Results

indie
9 minutes

HONG KONG, Mar 16, 2022 - (ACN Newswire via SEAPRWire.com) - Far East Horizon Limited ("Far East Horizon" or the "Group"; stock code: 03360.HK), one of China's leading innovative financial companies focusing on the Chinese fundamental industries and leveraging the business model of integrating finance and industry to serve enterprises of greatest vitality with the support of the fast-growing and enormous economy in China, today announced its Results for the year ended 31 December, 2021 (the "Period under Review").Financial ReviewLooking back on 2021, amid complex domestic and international situations and various risks and challenges, China has consistently executed deep-rooted macro policies with a high level of openness, a flexible monetary policy and moderate liquidity. The stable macro environment in China provided favorable external conditions for the Group's sustainable and steady development during the period. In 2021, the Group recorded a total revenue of approximately RMB33.64 billion, achieving a rapid year-on-year growth of 15.85%. The financial and advisory segment maintained steady growth. Structurally, financial services continued to grow but the advisory services slig...

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Jacobson Pharma’s Chairman Uplifts Shareholding to Above 60%

indie
3 minutes

HONG KONG, Mar 14, 2022 - (ACN Newswire via SEAPRWire.com) - Mr. Derek Sum, Chairman and Chief Executive Officer of Jacobson Pharma Corporation Limited (the "Company"; together with its subsidiaries, the "Group"; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of essential medicines, specialty drugs and branded healthcare products, acquired through his controlled entity a total of 20,532,000 shares of the Company (the "Shares") between 15 December 2021 and 14 March 2022 on the market at a total consideration of approximately HK$13,460,000, representing an average price of approximately HK$0.6555 per Share (the "Acquisitions"). The above share purchase represents approximately 1.06% of the total issued share capital of the Company as at 14 March 2022. Following the Acquisitions, Mr. Sum is interested in an aggregate of 1,160,808,000 Shares, representing approximately 60.01% of the total issued share capital of the Company as at the date of the related announcement. Speaking with sound optimism about the future prospects of the Group, Mr. Sum went on to say, "Albeit the challenging market environment, the overall business, in ...

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Activation Group (9919.HK) 2021 Annual Results Hit a Record High

indie
6 minutes

HONG KONG, Mar 8, 2022 - (ACN Newswire via SEAPRWire.com) - A leading Interactive Data Performance Marketing Group for Pan-Fashion Brands in Greater China, Activation Group Holdings Limited ("Activation" or the "Company", collectively, the "Group", stock code: 9919), has today announced record high 2021 annual results for the year ended 31 December 2021 ("FY2021"). Powered by its successful strategic upgraded to a pan-fashion brand data interactive marketing group, opportunities created by strong growth of the domestic Chinese luxury market and accelerated digitalization continue to fuel the Group's long-term and sustainable profitability increases.Experiential marketing services casesDouyin live streaming of Lin Xiaozhai, Zhang Li and Chen YanfeiRESULTS HIGHLIGHTS (as of 31 December 2021)-- Revenue increased by 97.4% YoY to approximalty RMB904.1 million.-- Net profit increased by 307.1% YoY to approximalty RMB102.6 million; and profit attributable to owners of the Company was about RMB92.5 million.-- Basic earnings per share of RMB12.51 cents -- Gross profit margin increased from 28.8% in FY2020 to 29.6% in FY2021-- Net profit margin increased from 5.5% in FY2020 to 11.3% in FY202...

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Successful Transfer Listing of IWS Group from GEM to Main Board of The Stock Exchange of Hong Kong

indie
1 minute

HONG KONG, Mar 7, 2022 - (ACN Newswire via SEAPRWire.com) - IWS Group Holdings Limited ("IWS Group" or the "Group"), the largest security services provider in the public sector in Hong Kong(1) and an established facility services provider, has successfully transferred from GEM to Main Board of The Stock Exchange of Hong Kong Limited (the "HKEX") today. The Group commenced trading under the stock code of 6663.Live streaming listing ceremony of IWS Group Holdings Limited on HKEXAbout IWS Group Holdings LimitedIWS Group Holdings Limited is the largest security services provider in the public sector in Hong Kong(1) and an established facility services provider specialising in the provision of security services and facility management services across public and private sectors in Hong Kong. The Group has over 10 years of experience in providing security services at railway stations and facilities, sea, land and railway immigration control points and public amenities as well as crowd coordination and management services at various large-scale events and emergency and critical incidents in Hong Kong. (1) Frost & Sullivan, in terms of revenue in 2020 Copyright 2022 ACN Newswire. All ri...

ACN Newswire

Moody’s upgrades Lenovo Group (00992.HK) to “Baa2”; outlook “stable”

indie
2 minutes

HONG KONG, Mar 7, 2022 - (ACN Newswire via SEAPRWire.com) - Moody's has upgraded the issuer rating and senior unsecured rating of Lenovo Group (00992.HK) to "Baa2" from "Baa3", and has revised the outlook to "stable" from "positive", according to China Securities Journal.Currently, all three major international credit rating agencies have assigned a more positive investment rating to Lenovo Group. In addition to Moody's, Fitch affirmed Lenovo's rating at "BBB" with a "stable" outlook earlier, and S&P affirmed Lenovo's rating at 'BBB-' with a "positive" outlook in July 2021.Moody's said, "The rating upgrade reflects Lenovo's improved credit profile in terms of leverage, driven by debt reduction and a higher level of EBITDA. We believe the company will sustain its improved credit profile through maintaining its leading market position in personal computers (PCs), supported by steady global demand for PCs. In addition, we expect the company's continued disciplined financial management will help it to maintain its excellent liquidity and improve debt leverage."The rating upgrade followed Lenovo's third quarter earnings announcement for fiscal 2021/22, Securities Daily reported. Len...

SeaPRwire

Fujisawa Toyama Group Releases the Report on Electric Vehicle Gains

pandora
3 minutes

TORONTO, CA, March 2, 2022 – (SEAPRWire) – Recently, Fujisawa Toyama Group has released the report on Electric Vehicle Gains. Analysts from Fujisawa Toyama Group have highlighted that Russia, one of the world’s largest oil producers, continues to drive its prices higher due to the recent sanctions imposed by western countries. With tensions still escalating in Ukraine, increasing oil prices give investors the possible fear of a potential energy crisis ahead. While prices continue to soar, analysts from Fujisawa Toyama Group have noted that electric vehicle (EV) makers are also on the rise. Since Monday, Telsa Inc. shares have rallied over seven percent on the NASDAQ. Market analysts believe there is a direct correlation between heightened oil prices and the increasing value of EV companies. “Oil prices are likely to play a huge role and impact new car buyers. Instead of paying out increased annual fuel costs, buyers seem to be more attracted to switching to electric vehicles,” noted Anthony Stone, Director of Global Securities at Fujisawa Toyama Group. New sales market data suggests that the price to fill up a Tesla would cost around $10; on the other side, a gasoline-powered car w...

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Transmit Entertainment 2021/22 Interim Results Achieve Turnaround, Revenue More Than Doubled to HK$587 million

indie
7 minutes

HONG KONG, Feb 25, 2022 - (ACN Newswire via SEAPRWire.com) - Transmit Entertainment Limited ("Transmit Entertainment" or the "Company", together with its subsidiaries, the "Group"; stock code: 1326) today announced its unaudited interim results for the six months ended 31 December 2021 (the "Review Period").During the Review Period, the Group further advanced the "Stay-at-Home Economy" and its development strategy of brand diversification. Mainland China continued to be the major source of the Group's revenue and business growth. The Group's proportion of revenue from Mainland China recorded a year-on-year increase of 17.7 percentage points to approximately 96.8%. The Group recorded outstanding results during the Review Period, amounting to approximately HK$587.2 million, representing an increase of approximately 265.2% as compared to the corresponding period last year. The Group's turnaround was mainly due to the airing of "The Ideal City", an inspiring urban workplace TV series and "The Detectives' Adventures", a megahit mystery solving reality show, which drove a significant year-on-year revenue growth of approximately 1,296.4% to approximately HK$502.2 million for the film, TV ...

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Sevens Group to Create a $27 Million Development of State Significance on Western Australia’s Iconic Riverfront

indie
3 minutes

PERTH, W AUSTRALIA, Feb 25, 2022 - (ACN Newswire via SEAPRWire.com) - The historic Nedlands Baths site on the Swan River will become an iconic tourist attraction for Western Australia in a visionary $27 million redevelopment announced today (Feb 24) by Sevens Group Australia. Sevens Nedlands Baths is an exciting new project that will transform an existing restaurant, function centre and private marina on the Swan River in Nedlands into a world-class tourist destination for W. Australia. (Image: SevensNedlandsBaths.com)The proposal to create a unique over-the-water destination has been granted Tourism Project of State Significance status under the WA Government's Tourism Attractions Case Management framework.To be known as Sevens Nedlands Baths, the five-star hospitality and entertainment precinct will feature a contemporary cafe, bar, fine dining restaurant, a luxury boutique hotel, function centre and marina brought to life through a design that pays homage to the site's social heritage.With 360-degree river views and a commitment to reimagine the location through quality architecture, art and landscaping, the project will hold strong appeal for international hospitality brands an...

ACN Newswire
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Sevens Group to Create $27 Million State Significant Development on Western Australia’s Iconic Riverfront

indie
3 minutes

Singapore, Feb 24, 2022 - (ACN Newswire via SEAPRWire.com) - The historic Nedlands Baths site on the Swan River will become an iconic tourist attraction for Western Australia in a visionary $27 million redevelopment announced today by Sevens Group Australia. The proposal to create a unique over-the-water destination has been granted Tourism Project of State Significance status under the WA Government's Tourism Attractions Case Management framework.To be known as Sevens Nedlands Baths, the five-star hospitality and entertainment precinct will feature a contemporary cafe, bar, fine dining restaurant, a luxury boutique hotel, function centre and marina brought to life through a design that pays homage to the site's social heritage.With 360-degree river views and a commitment to reimagine the location through quality architecture, art and landscaping, the project will hold strong appeal for international hospitality brands and hotel operators.Sevens Group Australia CEO Eric Cheng said the Sevens Nedlands Baths will support the State Government's Reconnect WA strategy of securing world-class attractions and marketing Western Australia to the world."Our vision is to create an outstanding...

SeaPRwire
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CATALIST-listed AOXIN Q&M records 21% growth in revenue for full year ended 31 December 2021

pandora
8 minutes

– EBITDA grew 47% for 12 months ended 31 Dec 2021– Proposed listing of 49%-owned Acumen Diagnostics on NASDAQ will enhance AOXIN’s shareholder value– Growth trend in revenue expected to continue as COVID-19 situation in China improves SINGAPORE, Feb 23, 2022 – (ACN Newswire) – Catalist listed Aoxin Q&M Dental Limited (“Aoxin” or “the Group”), today announced a 20.8% increase in revenue to RMB160.2 million for full year ended 31 December 2021 (“FY2021”). The Group reported a net loss after tax of RMB7.3 million for FY2021, an improvement from the net loss of RMB12.1 million from a year ago. In 2020, in view of COVID-19 situation, the Chinese government provided temporary relief to businesses by waiving the social security insurance contributions. Aoxin would have additional RMB6.3 million of social security insurance expenses recorded in FY2020 resulting in a Net Loss of RMB18.4 million, instead of RMB12.1 million. Dr. Shao Yongxin, Group Chief Executive Officer of Aoxin Q&M said, “Global economic prospects for 2022 will continue to be uncertain, with many countries still struggling to contain the rapid spread of the Omicron variant. The possibility of new COVID-19 strains c...

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Q&M Dental records historic highest-ever revenue and profit after tax for year ended 31 December 2021 and declares a full year dividend yielding 7%

pandora
10 minutes

– Revenue increases by 49% to S$205.6 million and Profit After Tax increases by 98% to S$39.4 million for FY2021– Core dental and medical clinics segment continues strong growth with 27% increase in revenue for FY2021– Declares fourth interim dividend of 1.0 Singapore cent per ordinary share for 4Q2021, giving total dividends of 4.0 Singapore cents per ordinary share for FY2021 and a dividend yield of 7%[1] SINGAPORE, Feb 23, 2022 – (ACN Newswire) – Q&M Dental Group (Singapore) Limited (“Q&M” or together with its subsidiaries, the “Group”), a leading private dental healthcare group in Asia, today reported the highest-ever revenue and profit after tax of S$205.6 million and S$39.4 million respectively for the financial year ended 31 December 2021 (“FY2021”). This is the best set of financials in Q&M’s 25-year history since its founding in 1996. Net profit after tax attributable to shareholders for FY2021 jumped 55% to S$30.5 million compared to S$19.7 million compared to a year ago. Quarterly Financial Performance since the start of Covid-19 (From 4Q2019) The Covid-19 pandemic had no impact on the Group’s core dental and medical clinics business segment and continued its...

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Synergy Group’s Collaboration with Malaysian State Government Agency To Achieve Green Initiative For an annual reduction of over 600,000 tons of CO2 emissions

indie
4 minutes

HONG KONG, Feb 21, 2022 - (ACN Newswire via SEAPRWire.com) - Synergy Group Holdings International Limited, stock code 1539.HK ("Synergy Group" or "The Group")(1) signed a memorandum of understanding with Lembaga Perumahan dan Hartanah Selangor (LPHS)(2), a Malaysian government agency, and Odesi Ecob Sdn Bhd (ODESI)(3), a property technology company, last week to launch a green composite program in Selangor, Malaysia. The green composite program consists of two parts, the "Light Saving Program", which focuses on lighting energy efficiencies, and "COVID Fighting Program" which focuses on reducing airborne bacteria by air quality treatment and COVID-19 transmission risk. The program is in line with Selangor's initiatives to become a smart and sustainable city and is also compatible with the forthcoming approach to urban planning development in Selangor.As the core green technology solution provider of the "Light Saving Program", Synergy Group anticipates to install approximately six million LED lights over 6,000 condominiums in Selangor with energy performance contract. Synergy Group's patented LED light has a 10 years lifespan and saves 50% more energy than traditional LED light in t...

JCN Newswire
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Hitachi High-Tech Recognized as CDP Supplier Engagement Leader 2021

ruth
4 minutes

TOKYO, Feb 17, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation ("Hitachi High-Tech") today announced that it was recognized as Supplier Engagement Leader, the highest rating in the Supplier Engagement Rating (SER) assessment performed by CDP(1), a non-profit organization headquartered in the UK that conducts global environmental surveys and discloses information. This is the first time we have been selected for our actions to reduce greenhouse gas emissions across the entire Hitachi High-Tech supply chain. The companies chosen for the Leaderboard in FY2021 were those that made the top 8% in rankings − approximately 500 companies in total (105 of whom are Japanese companies).In December 2021, Hitachi High-Tech was recognized by CDP for both our initiatives in climate change and in water security with the second-highest leadership level: the "A- List". Our recently achieved Leaderboard ranking comes in addition to this A- List certification.About CDP's Supplier Engagement Rating (SER)The Supplier Engagement Rating evaluates how effectively companies are collaborating with suppliers to tackle the challenges of climate change. Companies who complete th...

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APOLLO FUTURE MOBILITY GROUP announces appointments of key top-level executives to attain corporate goals efficiently

indie
5 minutes

HONG KONG, Feb 16, 2022 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company", HKEX stock code: 860, together with subsidiaries, the "Group") announces the appointment of two top-management executives with rich experiences in the automobile industry in China with both local and foreign enterprises. They will bring in new product development and financial management expertise to AMFG, helping the Group stretch its muscles further in the high-end automobile markets both in China and overseas.Mr. Qi Zhenggang Marcus, 49, has been appointed General Manager of AFMG, effective since 14 February 2022. Marcus is bringing to AFMG nearly 24 years of experience in the automobile industry in China. His industry expertise is both deep and diverse, with high-level experience in automobile engineering and product development while having accumulated extensive connections with other industry peers. He is ready to work with the AFMG team to strengthen the Group's new energy vehicles ("NEV(s)") development and engineering service outsourcing ("ESO") business and expand them further in China. In his most recent capacity, Marcus served as Executive General Ma...

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Edvantage Group (0382.HK) Announces Its Business Update For the First 3 Months of FY2022

indie
7 minutes

HONG KONG, Feb 15, 2022 - (ACN Newswire via SEAPRWire.com) - Edvantage Group Holdings Limited ("Edvantage Group" or the "Group", stock code: 0382.HK), the largest private business higher and vocational education group in the Greater Bay Area, announced its unaudited financial data and the latest business update for the 3 months ended 30 November 2021 ("Period under Review").Guangzhou Huashang Vocational College signed cooperation agreement with CMGEGuangzhou Huashang Vocational College collaborated with Shenzhen Dianmao Technology Co., Ltd. to establish the "school of early childhood education industry"Urban Vocational College of Sichuan led the establishment of the vocational education group of intelligent healthcare for the elderlyHighlights (Unaudited related data for the 3 months ended 30 November 2021)-- Revenue increased by 61.5% YoY to approximately RMB393.5 million;-- Gross profit rose by 62.0% YoY to approximately RMB196.9 million;-- Number of student enrolments increased by 82.4% YoY to approx. 70,700;-- Fullset financial statements of Sichuan Vocational Education Project will be consolidated for 12 months from FY2022;-- Acquisition of Guangdong Vocational Education Proje...

ACN Newswire
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The Glimpse Group Announces the Launch of Glimpse Australia

indie
3 minutes

SYDNEY, Feb 14, 2022 - (ACN Newswire via SEAPRWire.com) - The Glimpse Group ("Glimpse"), a diversified, Nasdaq listed, Virtual Reality and Augmented Reality ("VR and "AR") platform company providing enterprise-focused VR and AR software and services solutions, announced their newest operating hub Glimpse Australia. This follows the successful acquisition by Glimpse of Augmented Reality Investments Pty Ltd's assets, an Australia-based company ("Auggd") in August 2021.Auggd provides AR software and services to the Architecture, Engineering, and Construction Industry ("AEC") in Australia, Europe, the Middle East, and the US. Since its inception approximately eight years ago, Auggd has generated over $2 million in aggregate revenue and has successfully deployed hundreds of mobile AR apps across a broad range of industry sectors.Matthias Krampe, General Manager of Auggd under Glimpse commented, "We are thrilled to launch Glimpse Australia after Auggd joined Glimpse's diverse and robust ecosystem of VR and AR companies. Australian clients now have the opportunity to leverage Glimpse's technology solutions, and in turn, open the Australian enterprise market to Glimpse's VR and AR subsidia...

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EC Healthcare Opens New Healthcare Medical Centre, Further Consolidate the Leading Position and Expand Market Share

indie
2 minutes

HONG KONG, Feb 14, 2022 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce that, to fulfill the strong demand for medical and healthcare services, the Group is opening a new healthcare medical centre and advanced imaging centre at Cityplaza in Tai Koo,Hong Kong Island, with two newly leased floors with an aggregate gross floor area of approximately 12,300 square feets.The newly leased floors on 14/F of Cityplaza is the EC Healthcare Medical Centre which offers services including but not limited to general medical, specialist, dental and pain management services with a gross floor area of approximately 8,900 square feets and the centre is in full operation from 11 February 2022. The other newly leased floor on 6/F of Cityplaza is an advanced imaging centre serving as a one-stop medical imaging service hub with gross floor area of approximately 3,400 square feets, which is expected to commence operation in March 2022. Together with this new imaging centre, the Group shall have four advanced imaging cen...