ACN Newswire
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Activation Group Reports Significant Improvement in Its 2021 Interim Results

indie
4 minutes

HONG KONG, Aug 3, 2021 - (ACN Newswire via SEAPRWire.com) - Activation Group Holdings Limited ("Activation" or the "Company", collectively, the "Group", stock code: 9919), a provider of integrated marketing solutions in Greater China, is pleased to announce its unaudited 2021 interim results. The Group has achieved a significant improvement, with revenue increasing substantially by approximately 436.5% to RMB385.2 million and profit to RMB38.5 million (2020 Interim: loss of RMB20.0 million). Profit attributable to owners of the Company was RMB35.5 million (2020 Interim: loss of RMB19.3 million). Basic earnings per share were RMB4.80 cents, compared with a loss per share of RMB2.47 cents in 2020 Interim.The Board has declared the payment of an interim dividend of HK1.03 cents and an interim special dividend of HK6.93 cents for the six months ended 30 June 2021 (2020: nil).Due to the rapid rise in luxury consumption in mainland China and the recovery of the Hong Kong market, the Group's Experiential Service experienced exponential growth. Revenue generated from associated services has significantly increased by 1,286.5%, rising from RMB20.0 million in 2020 Interim to RMB277.3 million...

ACN Newswire
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Volcano Posts Revenue of RM17.66 Million in First Interim Statement Post-Listing

indie
2 minutes

BUTTERWORTH, Malaysia, May 20, 2021 - (ACN Newswire via SEAPRWire.com) - Volcano Berhad ("VOLCANO", Stock Code: 0232), a leading manufacturer of parts and components including metal and non-metal nameplates and plastic injection moulded parts, is pleased to announce the Company's first interim financial statement for the financial year ending 31 December 2021 following its listing on the ACE Market of Bursa Malaysia Securities Berhad.Volcano Berhad Managing Director, Datuk Ch'ng Huat SengFor the first quarter that ended on 31 March 2021, the Company registered revenue of RM17.66 million, profit before tax ("PBT") of RM2.0 million and profit after tax ("PAT") of RM1.41 million. There are no comparative figures available for revenue, PBT and PAT for the same quarter of the preceding year and year-to-date as this is Volcano's first interim financial statement following its listing on 6 April 2021.For the quarter under review, the Company's nameplates segment contributed RM10.86 million to revenue while the plastic injection moulded parts segment contributed RM6.80 million to revenue.Managing Director of Volcano, Datuk Ch'ng Huat Seng said, "We are cautiously optimistic about our prosp...

SeaPRwire
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194 families affected by construction delays requested for interim rental flats from HDB

aseanpr
4 minutes

SINGAPORE - More than 190 families whose flats are facing construction delays have requested for interim rental housing from the Housing Board, as some housing projects have been hampered by work delay as well as labour and supply shortages due to Covid-19. In response to queries from The Straits Times, the HDB said it had received 194 such requests from flat buyers affected by construction delays. Of these, 131 households are already living in their rental units and 39 households will be moving in or getting their units soon. The remaining 24 households withdrew their requests for the units. Among the 194 families who made the requests are 17 future home owners of a Build-To-Order (BTO) project in Punggol who are facing a one-year delay after the HDB terminated the services of the building contractor last August. The HDB said 14 of them are already living in their allocated rental units while the remaining three households will be getting their units soon. The affected housing project, called Waterway Sunrise II, has 1,014 units across seven blocks. The original estimated completion date was the first quarter of this year for Block 653A, and the second quarter of this year for the...