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JE Cleantech (JCSE) Announces Strong Growth in Q3 2022

indie 1 12 月

4 minutes

SINGAPORE, Nov 30, 2022 - (ACN Newswire via SEAPRWire.com) - JE Cleantech Holdings Limited (Nasdaq: JCSE), ("the Company") a Singapore-based cleantech company, today announced encouraging Q3 financial results, for the three months period ended 30 September 2022 (the "reporting period"). During the reporting period, the Company has maintained strong growth in its overall business performance with revenue that more than doubled and a strong turnaround in net income.For the three months period ended September 30, 2022, the Company's total revenue increased by approximately S$3.5 million or 141.8% to approximately S$5.9 million from approximately S$2.4 million in the quarter ended September 30, 2021. The increase was mainly derived from the increase in revenue generated from the Company's sale of cleaning systems and other equipment business of approximately S$3.2 million and the provision of centralized dishwashing and ancillary services business of approximately S$0.3 million, attributable to the post COVID-19 recovery of business.Net income of the Company for the reporting period amounted to approximately S$0.6 million, compared to a net loss of approximately S$0.2 million in the sa...

Regina Miracle Fiscal 2023 Interim Results Revenue Reaches HK$4.61 Billion; Hitting a Record High for the Period, Net Profit Rose 23.1% to HK$313 Million

indie 29 11 月

15 minutes

HONG KONG, Nov 29, 2022 - (ACN Newswire via SEAPRWire.com) - Regina Miracle International (Holdings) Limited ("Regina Miracle" or the "Company", together with its subsidiaries, collectively the "Group") (HKEX: 2199), a leading global intimate wear company boasting an innovative design manufacturer ("IDM") business model, has announced its interim results for the six months ended 30 September 2022 (the "period" or "1HF23").During the Period, despite the impact of macroeconomic fluctuations, the Group continued its growth momentum from the previous financial year and recorded revenue of approximately HK$4,613.3 million (1HF2022: HK$4,080.6 million), representing a year-on-year increase of 13.1%. Gross profit grew correspondingly by 19.2% to approximately HK$1,168.4 million, with gross profit margin up by 1.3 percentage points to 25.3% (1HF2022: HK$980.6 million and 24.0%, respectively). Benefiting from the full implementation of the Five-Year Plan and effective internal control measures, operating leverage was increased, driving earnings before interest, taxes, depreciation and amortization (EBITDA) up by 24.6% to approximately HK$811.0 million, with EBITDA margin up by 1.7 percentag...

VC Holdings Announces 2022 Interim Results

indie 1 9 月

6 minutes

HONG KONG, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - Value Convergence Holdings Limited ("VC Holdings", together with its subsidiaries, the "Group"; Stock Code: 0821.HK), a well-established and one-stop financial services institution in Hong Kong, is pleased to announce its unaudited interim results for the six months ended 30 June 2022 ( the "Reporting Period"). The Group tirelessly pursued opportunities to diversify its business during the Reporting Period, and expanded its digital asset business with good progress. During the Reporting Period, the recurrent outbreaks of COVID-19, coupled with persistently high inflation and conflict between Russia and Ukraine, posed unprecedented challenges to the global economy, intensifying uncertainty in the global and Hong Kong financial markets. The Group's consolidated revenue from continuing operations decreased by 6.0% year-on-year to approximately HK$35.7 million. Due to the increase in net realised and unrealised loss in financial assets at fair value through profit or loss, and the impairment loss on accounts receivable and other receivables, the consolidated loss for the period attributable to shareholders amounted to approxi...

Huisen Household Announces 2022 Interim Results

indie 31 8 月

6 minutes

HONG KONG, Aug 31, 2022 - (ACN Newswire via SEAPRWire.com) - China's major furniture product manufacturer Huisen Household International Group Ltd. ("Huisen Household" or "the Group"; stock code: 2127.HK) announced unaudited interim results for the period ended 30 June 2022 ("the Reporting Period") yesterday. During the reporting period, the weak real estate market and the interest rate hike caused a contraction in the number of deals made. Inflation caused by the quantitative easing policy started to emerge during 2022, fuelling the uncertainties of economy. Reduction in subsidy, the U.S. housing price remained at a high level, and the rise in interest rate have all contributed to the plunge in the number of property transaction, leading to a relatively weak demand for furniture in the first half of 2022.In the first half of 2022, The Group's revenue was approximately RMB1.96 billion, representing a decrease of approximately 18.3% from approximately RMB2.40 billion compare to the same period of 2021. Profit was approximately RMB298.0 million, representing a decrease of approximately 29.2% from approximately RMB420.8 million compare to the same period of 2021.Mr. Zengming, chairman...

Esprit Announces Interim Results for FY2022

indie 31 8 月

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 ...

Bank of Qingdao Announced its 2022 Interim Results

indie 27 8 月

13 minutes

HONG KONG, Aug 26, 2022 - (ACN Newswire via SEAPRWire.com) - Bank of Qingdao Co., Ltd. ("Bank of Qingdao" or the "Bank"), the largest City Commercial Bank in Shandong Province, China, announced its interim results for the six months ended June 30, 2022 (the "Reporting Period").In the first half of 2022, problems such as supply chain disrupted by the epidemic and energy shortages caused by the Russia-Ukraine conflict continued to ferment and the risk of global economic "stagflation" increased. However, the Bank of Qingdao has always centering on the development vision of "Innovative Finance, Brilliant Banking", the Bank is firmly committed to the strategic goal of "being a technology-driven bank that offers new quality financial products with lean management and outstanding features", the sustainable development capacity of the Bank is constantly enhanced, and set a record against the market.The Net Profit Increased Stably Credit Assets Increased SteadilyBank of Qingdao continued optimizing the structure of asset and liability while increasing support to the real economy, and strove to expand its intermediary services. As at the end of the Reporting Period, the Company's operating i...

Yincheng International Holding Announces 2022 Interim Results

indie 26 8 月

6 minutes

HONG KONG, Aug 26, 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 unaudited consolidated interim results for the six months ended 30 June 2022 (the "Period").During the Period, the Group's revenue increased by approximately 20.9% YoY to approximately RMB 4.58 billion. While the gross profit increased significantly by approximately 95.9% YoY to approximately RMB 1.35 billion, the gross profit margin increased by 11.3 percentage points YoY to approximately 29.5%. Profit for the Period increased by approximately 11.9% YoY to approximately RMB333.7 million. Net profit margin remained roughly the same as that from the same period last year at approximately 7.3%.Key projects achieved favourable sales record The real estate industry in the PRC has undergone a tremendous transition since last year due to various factors including the pandemic, an ove...

VCREDIT 1H2022 Achieves a Solid Performance

indie 24 8 月

5 minutes

HONG KONG, Aug 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, announced its unaudited interim results for the 6 months ended 30 June 2022 (the "Period"). During the Period, the Group achieved a solid performance from operations despite a number of challenges, including outbreaks of the COVID-19 coronavirus and lockdown of Shanghai and other cities in China and deterioration in the real estate sector. The Group record a total income of RMB1,582.5 million, and an adjusted Net Profit of RMB331.5 million. The Board has recommended the distribution of an interim dividend of HK10 cents per ordinary share of the Company (the "Share") for the Period to shareholders of the Company. Investment Highlights1H 2022(RMB million)Total Income: 1582.5Operating Profit: 430.4Net Profit: 328.0Adjusted net profit: 331.5Proposed Interim dividend: HK10 centsDuring the Period, the Group achieved solid performance from operation in line with its expectations, notwithstanding adjustments to its business strategy and model to accommodate alignments between its product and r...

Zijin Mining Announces 2022 Interim Results: Achieved 89.95% Increase in Net Profit Attributable to Owners

indie 16 8 月

6 minutes

HONG KONG, Aug 16, 2022 - (ACN Newswire via SEAPRWire.com) - Zijin Mining Group Co., Ltd. (2899.HK; 601899:SH; "Zijin Mining" or "The Company") announced its interim results for the six months ended 30 June 2022 ("Reporting Period"). The Company realised RMB132.46 billion in operating income, up 20.57% year-on-year, while net profit attributable to owners surged to RMB12.63 billion, representing an increase of 89.95% compared with the same period last year. The profit increase was largely driven by the completion of major mine projects, including Serbia Zijin Mining, Kamoa Copper in the Democratic Republic of the Congo (DRC) and Julong Copper in China, which have commenced production and reached their designated production capacities on schedule. During the reporting period, the production volume of mine-produced copper and mine-produced gold amounted to 410,000 tonnes and 27 tonnes, representing an increase of approximately 70.47% and 22.79%, respectively. Zijin Mining 2022 Interim Results Highlights:For the six months ended 30 June 2022, the Group realised an operating income of RMB132.46 billion, representing an increase of 20.57% compared with the same period last year (same pe...

Jacobson Pharma Announces FY2022 Annual Results

indie 30 6 月

7 minutes

HONG KONG, Jun 29, 2022 - (ACN Newswire via SEAPRWire.com) - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of essential medicines, specialty drugs and branded healthcare products, today announced the annual results of the Company and its subsidiaries (collectively the "Group") for the year ended 31 March 2022 ("FY2022" or the "Reporting Period").KEY HIGHLIGHTS-- Year-on-year revenue up by 10.3%, amounting to HK$1,595.5 million -- Profit for the year up by 78.4%*, amounting to HK$187.7 million-- Strong growth witnessed on key therapeutic classes for chronic diseases such as lipid lowering agents and angiotensin II inhibitors -- Progress with expansion plan in Greater China as facilitated by Greater Bay Area ("GBA") healthcare policy and formation of joint venture with an established partner-- Delivery of approximately 9 million doses of Fosun BioNTech Comirnaty Vaccine in Hong Kong and Macau for the collaborative fight against COVID-19 During the Reporting Period, the Group delivered total revenue of HK$1,595.5 million with a year-on-year growth of 10....

Continued Growth Under the Pandemic, Huisen Household Profit Increased by Over 60%

indie 26 3 月

7 minutes

HONG KONG, Mar 26, 2022 - (ACN Newswire via SEAPRWire.com) - China's major furniture product manufacturer Huisen Household International Group Ltd. ("Huisen Household" or "the Group"; stock code: 2127.HK) announced audited annual results for the year ended 31 December 2021 ("the review period") today. During the review period, the revenue of the Group was RMB5,139 million representing an increase of approximately 31.9% as compared to the same period of 2020. The profit for the year was approximately RMB888 million, representing an increase of approximately 64.2% as compared to the same period of 2020, mainly due to the growth in sales driven by the increase in purchase orders and the increase in gross profit of approximately RMB355 million. Basic and diluted earnings per share of the Company was RMB0.29 for 2021 and RMB0.24 for FY2020. Mr. Zengming, chairman and executive director said: "Although China and the world's major economies, including developed countries such as Europe and the United States, were recovering gradually, the mutation of the COVID-19 has led to the recurrence of the pandemic and some parts of the world are still plagued by the pandemic, resulting in the closu...

Jacobson Pharma Announces FY2022 Interim Results

indie 26 11 月

6 minutes

HONG KONG, Nov 26, 2021 - (ACN Newswire via SEAPRWire.com) - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaging in the research, development, production, marketing and sale of essential medicines, specialty drugs and branded healthcare products, today announced the interim results of the Company and its subsidiaries (collectively the "Group") for the six months ended 30 September 2021 (the "Reporting Period").Backed by the gradual recovery of both Public and Private Sectors for its generic drugs business alongside the stabilisation of COVID-19 pandemic in Hong Kong, the Group delivered total revenue of approximately HK$750.4 million, which represented a 7.9% growth during the Reporting Period. The profit from operations reached HK$116.9 million while profit for the period was recorded at HK$82.9 million, both with a considerable growth of about 28.5% and 46.2% respectively, as compared to the adjusted profit from operations* and adjusted profit for the period* ended 30 September 2020. The Group maintains a healthy financial position as supported by its strong cash flows, with adjusted earnings before interest, taxe...

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

indie 10 11 月

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...

Waiver of foreign worker levies during SHN extended till end December: MOM

aseanpr 20 9 月

1 minute

SINGAPORE - The waiver of foreign worker levies for S Pass and work permit holders for the duration of their stay-home notice (SHN) period will be extended to the end of the year, said Manpower Minister Tan See Leng on Monday (Sept 20). This is to help employers bring in workers safely and give them more time to adjust and manage the costs of SHN requirements. Dr Tan, who is also the second minister for Trade and Industry, added it is also to support the construction sector which has been badly impacted by the Covid-19 pandemic. The waiver applies to migrant domestic workers as well. The waiver period was due to end this month (September). More on this topic. Related Story Higher foreign worker levy rebates for essential sectors in S'pore Related Story Singapore business sentiment improves slightly for Q4 but construction, transportation stay gloomy: Survey

Shougang Century Announces 2021 Interim Results

indie 2 9 月

4 minutes

HONG KONG, Sep 2, 2021 - (ACN Newswire via SEAPRWire.com) - Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2021 ("the Reporting Period").During the Reporting Period, the Group recorded a revenue from continuing operations of approximately HK$1,283,336,000 (2020: HK$862,997,000), representing an increase of approximately 48.7% as compared with the last corresponding period, primarily attributable to the material increase in sales volume of steel cords. Gross profit from continuing operations increased by 48.5% over the same period last year to HK$226,886,000 (2020: HK$152,758,000). The Group's net profit during the Reporting Period also increased by 45.7% from same period last year to HK$52,256,000 (2020: HK$35,863,000). Net asset value of the Group was HK$1,719,423,000 at 30 June 2021, increased by 4.5% as compared to HK$1,645,571,000 at 31 December 2020. The increase in net asset value was mainly due to the net profit during the first half of 2021. Net asset value per Share was HK$0.91 at 30 June 2021, also increase...

Legend Holdings Revenue and Net Profit Attributable to Equity Holders of the Company Stood at RMB 228.57 Billion and RMB 4.69 Billion in 1H2021

indie 1 9 月

14 minutes

HONG KONG, Sep 1, 2021 - (ACN Newswire via SEAPRWire.com) - Legend Holdings Corporation ("Legend Holdings" or the "Company"; stock code: 3396.HK) announced the unaudited interim results of the six months ended June 30, 2021 (the "Reporting Period") on August 31, 2021. During the Reporting Period, the Company's revenue was RMB 228.57 billion, representing a year-on-year increase of 24%, which rose for nine consecutive reporting periods. Net profit attributable to equity holders of the Company amounted to RMB 4.69 billion, which represented a year-on-year increase of 636% and hit a record.FINANCIAL HIGHLIGHTSFor the six months ended June 30, 2021:-- Revenue stood at RMB 228.57 billion, representing a yoy increase of 24%;-- Net profit attributable to equity holders of the Company amounted to RMB 4.69 billion, representing a yoy increase of 636%;-- Profit for the period reached RMB 8.72 billion, representing a yoy increase of 295%.Mr. Li Peng, Executive Director and CEO of Legend Holdings, deemed that, "During the first half of 2021, although the global epidemic has recurred and the full recovery of the international market is still waiting for time, China's clear policy guidance, stro...

iDreamSky Announces 2021 Interim Results

indie 31 8 月

8 minutes

HONG KONG, Aug 31, 2021 - (ACN Newswire via SEAPRWire.com) - iDreamSky Technology Holdings Limited ("iDreamSky", or the "Company", together with its subsidiaries, the "Group"; Stock Code: 1119.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2021 ("the Reporting Period").During the Reporting Period, since the Group has stepwise terminated games that were no longer in line with the strategy for its gaming business, revenue decreased by approximately 14.1% to RMB1,367.1 million. Furthermore, the Group enhanced its game development capabilities and strived to improve and perfect user service management, while increasing the investment in research and development ("R&D") of offline entertainment business. R&D expenses during the Reporting Period increased by 45.4% compared to the same period of previous year. The Group recorded a net loss of RMB68.0 million (1H2020: net profit of RMB147.9 million), and an adjusted net profit of RMB14.0 million (1H2020: RMB215.4 million). The Board of Directors did not recommend the distribution of interim dividend. Mr. Chen Xiangyu, Chairman and Executive Director of iDreamSky Technology Holdings Limited...

Huisen Household Announces 2021 Interim Results

indie 31 8 月

5 minutes

HONG KONG, Aug 31, 2021 - (ACN Newswire via SEAPRWire.com) - China's major furniture product manufacturer Huisen Household International Group Ltd. ("Huisen Household" or "the Group"; stock code: 2127.HK) announced unaudited interim results for the period ended 30 June 2021 ("the Reporting Period") today. During the Reporting Period, the Group's revenue recorded a year-on-year increase of approximately 47.3% to approximately RMB2.4 billion. Gross profit was approximately RMB630 million, representing an increase of 72.1% as compared with the same period last year. The profit during the period was approximately RMB421 million, representing an increase of 75.9% as compared to the corresponding period of 2020. Earnings per share was RMB0.14. This was mainly due to the fact that the coronavirus disease 2019 ("COVID-19") pandemic in Mainland China was basically came under control during the Reporting Period, and various industries, including the furniture manufacturing industry, was fully recovered.Mr. Zengming, chairman and executive director, said: "The first half of 2021 was a period of accelerated reform for the furniture industry. Despite the unstable development of COVID-19 pandemi...

VC Holdings Announces 2021 Interim Results

indie 31 8 月

4 minutes

HONG KONG, Aug 31, 2021 - (ACN Newswire via SEAPRWire.com) - Value Convergence Holdings Limited ("VC Holdings", together with its subsidiaries, the "Group"; Stock Code: 0821.HK), a well-established and one- stop financial services institution in Hong Kong, is pleased to announce its interim results for the six months ended 30 June 2021 ( the "Reporting Period").During the Reporting Period, the Group successfully achieved a business turnaround, with its total revenue significantly increasing by 35.6% to approximately HK$37.8 million as at 30 June 2021 (1H2020: HK$27.9 million). The Group recorded a profit attributable to owners of the Company of approximately HK$ 101.1 million for the Reporting Period as compared to that of a loss of approximately HK$54.8 million for the same period last year. Basic earnings per share were HK5.93 cents (1H2020: Basic loss per share of HK4.45 cents).Mr. Peter Fu, Chairman and Executive Director of Value Convergence Holdings Limited, said, "VC Holdings has always been dedicated to offering premier financial services and products that fulfil various investment and wealth management needs of clients in the Great China region. Benefiting from the outperf...

Universal Medical Announces 2021 Interim Results

indie 27 8 月

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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