ACN Newswire: latest releases

News releases provided by ACN Newswire - Asia Corporate News Network ACN Newswire - Asia Corporate News Network.

Tingyi: Steady Growth in 2023 with a Commitment to High Quality Development, GPM Improved to 30.4% and EBITDA Increased 13.8% YoY

Retrieved on: 
Wednesday, March 27, 2024
Health, Tea, Rejuvenation, Research, Economic development, National brand, Water, Drink, Food safety, Government

In 2023, the Group proactively responded to the challenges from external environment, focused on high-quality development, and achieved steady development with healthy financial indicators.

Key Points: 
  • In 2023, the Group proactively responded to the challenges from external environment, focused on high-quality development, and achieved steady development with healthy financial indicators.
  • For the twelve months ended on December 31, 2023, the Group's revenue grew 2.16% year-on-year to RMB80.418 billion.
  • The board of directors proposed to distribute a special dividend of RMB0.2766 per common share and a final dividend of RMB0.2766 per common share.
  • In 2023, the gross profit structure of the instant noodle business was improved step by step.

Cinese International Announces 2023 Annual Results

Retrieved on: 
Wednesday, March 27, 2024
Republic, Growth, HK, Air travel, Health, International Air Transport Association, COVID-19, Knowledge, Travel, Airline, IATA, ARC, Tourism

HONG KONG, Mar 27, 2024 - (ACN Newswire) - Air ticket distributor, travel business process management services provider and travel products services provider Cinese International Group Holdings Limited ("Cinese International", collectively with its subsidiaries, the "Group"; stock code: 1620) has announced its annual results for the year ended 31 December 2023.

Key Points: 
  • HONG KONG, Mar 27, 2024 - (ACN Newswire) - Air ticket distributor, travel business process management services provider and travel products services provider Cinese International Group Holdings Limited ("Cinese International", collectively with its subsidiaries, the "Group"; stock code: 1620) has announced its annual results for the year ended 31 December 2023.
  • The Group recorded a total revenue of approximately HK$103.5 million for the year ended 31 December 2023 (2022: HK$45.8 million).
  • Gross profit increased by approximately 96.4% year-on-year to approximately HK$44.2 million in 2023 (2022: HK$22.5 million); overall Gross profit margin was 42.7%.
  • Ms. Mariana Kou, Chairperson and Executive Director of Cinese International, said, "The Group has resumed providing package tours in the first quarter of 2023.

HOFA Returns to Art Central 2024 With Eight Exceptional International Artists

Retrieved on: 
Wednesday, March 27, 2024
Element, Chung, Documentation, Environment, Ink, Motion, Photography, Software, Nature, Heart, Movement, Breakfast, Hong Kong, Industrial design

HONG KONG, Mar 27, 2024 - (ACN Newswire) - HOFA Gallery returns to Art Central Hong Kong from 28 to 31 of March 2024, eager to captivate audiences at Booth B11 with a showcase titled 'Abstract Actuality'.

Key Points: 
  • HONG KONG, Mar 27, 2024 - (ACN Newswire) - HOFA Gallery returns to Art Central Hong Kong from 28 to 31 of March 2024, eager to captivate audiences at Booth B11 with a showcase titled 'Abstract Actuality'.
  • Her commanding perspective deftly manipulates precision, depth, and space, evoking elusive imagery that invites interpretation through the lens of each individual's perspective.
  • Regarded as a refuge from the world's noise, Hannes Schauer's art serves as a space for quiet contemplation, akin to communing with nature.
  • 'Abstract Actuality' HOFA Gallery (Booth B11) Art Central, Hong Kong, 28 - 31 March 2024

BoardWare Announces 2023 Annual Results

Retrieved on: 
Tuesday, March 26, 2024
GBA, Government, Culture, BCI, Construction, Growth, Sport, Policy, Wheelchair, Artificial intelligence of things, Beihang University, Greater, COVID-19, Research, Accreditation, Software, Sale, App Store (iOS/iPadOS), AI, Web 3.0, Investment, Tourism, SME, Commerce, Zone, Artificial intelligence, Vendor

HONG KONG, Mar 26, 2024 - (ACN Newswire) - BoardWare Intelligence Technology Limited ("BoardWare" or together with its subsidiaries, the "Group"; stock code: 1204.HK), a leading company in the Greater Bay Area ("GBA") that offers comprehensive, high-quality and end-to-end enterprise IT solutions, today announced its annual results for the year ended 31 December 2023 ("2023" or the "Year").

Key Points: 
  • HONG KONG, Mar 26, 2024 - (ACN Newswire) - BoardWare Intelligence Technology Limited ("BoardWare" or together with its subsidiaries, the "Group"; stock code: 1204.HK), a leading company in the Greater Bay Area ("GBA") that offers comprehensive, high-quality and end-to-end enterprise IT solutions, today announced its annual results for the year ended 31 December 2023 ("2023" or the "Year").
  • The potential demands of various IT solutions resumed along with the end of the influence from COVID-19 pandemic.
  • With regard to business segments, the revenue from enterprise IT solutions increased 27.9% to HK$456.2 million.
  • Headquartered in Macao, BoardWare Intelligence Technology Limited is the leading company in the Macao IT solutions market.

TIS Has Signed Binding Agreement with Marlin Equity Partners to Secure a Majority Growth Investment

Retrieved on: 
Tuesday, March 26, 2024
Growth, CFO, Partnership, Guggenheim Partners, TIS, Treasury, Senior management, B2B, Cryptocurrency

Marlin Equity Partners has signed a binding agreement to acquire a majority stake in Treasury Intelligence Solutions.

Key Points: 
  • Marlin Equity Partners has signed a binding agreement to acquire a majority stake in Treasury Intelligence Solutions.
  • Co-founder Joerg Wiemer, Aquiline Capital Partners LP, and the Management Team retain significant minority positions in the company.
  • BERLIN, Germany, Mar 26, 2024 - (ACN Newswire) - Today, Treasury Intelligence Solutions ("TIS"), a global leader in cloud-native cash management, liquidity and payment solutions, announced that it has signed a binding agreement to secure majority growth investment from Marlin Equity Partners ("Marlin").
  • The investment positions TIS to execute on organic and inorganic strategic initiatives to further serve the Office of the CFO.

Moderna Achieves Positive Interim Results from Phase 3 Trial of Next-Generation COVID-19 Vaccine

Retrieved on: 
Tuesday, March 26, 2024
COVID-19 vaccine, Risk, Headache, COVID-19, Ageing, Public, Vaccine, MRNA, Messenger, Chills, SARS-CoV-2, Myalgia, Clinical trial, Safety, Omicron, Fatigue

"We are excited to announce our fourth infectious disease vaccine program with positive Phase 3 data, further validating our robust mRNA platform," said Stephane Bancel, Chief Executive Officer of Moderna.

Key Points: 
  • "We are excited to announce our fourth infectious disease vaccine program with positive Phase 3 data, further validating our robust mRNA platform," said Stephane Bancel, Chief Executive Officer of Moderna.
  • "mRNA-1283 is a critical component of our combination vaccine against flu and COVID-19, mRNA-1083, and this milestone gives us confidence in our ability to bring this much needed vaccine to market."
  • In the NextCOVE (NCT05815498) Phase 3 pivotal trial, mRNA-1283 was shown to elicit a higher immune response against both the Omicron BA.4/BA.5 and original virus strains of SARS-CoV-2, compared to mRNA-1273.222.
  • A detailed analysis of the Phase 3 clinical trial data for mRNA-1283 will be shared at the Company's Vaccines Day event on March 27 and presented at upcoming scientific conferences.

Horizon Robotics Formally Files Hong Kong IPO Application, aiming to enhance people's safety and experience in passenger vehicles

Retrieved on: 
Tuesday, March 26, 2024
BYD, Growth, Original equipment manufacturer, Knowledge, Research, ADAS, Sale, Robotics, Software, Motherboard, IPO, Geely, City, OEM, Safety, CIC, SAIC, Video game

Smart vehicles with autonomous features can free up time and boost productivity for drivers and passengers during these long commutes.

Key Points: 
  • Smart vehicles with autonomous features can free up time and boost productivity for drivers and passengers during these long commutes.
  • Faced with a broad market prospect, there are also more and more players participating in the smart vehicle industry.
  • Recently, Horizon Robotics, a leading provider of ADAS and AD solutions for passenger vehicles, submitted its IPO application to the Hong Kong Stock Exchange and plans to list on the Main Board.
  • From an industry perspective, China is the world's largest smart vehicles market, with sales volume of smart vehicles of 12.4 million in 2023.

Inkeverse Announces 2023 Annual Results

Retrieved on: 
Tuesday, March 26, 2024
Inke, Growth, Artificial intelligence, RMB, Ecosystem, Networking hardware, Retail

HONG KONG, Mar 26, 2024 - (ACN Newswire) - Inkeverse Group Limited ("Inkeverse" or "the Group", stock code: 3700) has announced its annual results for the year ended December 31, 2023 (the "Reporting Period").

Key Points: 
  • HONG KONG, Mar 26, 2024 - (ACN Newswire) - Inkeverse Group Limited ("Inkeverse" or "the Group", stock code: 3700) has announced its annual results for the year ended December 31, 2023 (the "Reporting Period").
  • Live streaming and social networking businesses remain steady, with platform advantage expanding
    In 2023, Inkeverse maintained a healthy momentum in its live streaming and social networking businesses through refined operational strategies.
  • The flagship product "Inke App" improved the commercial monetization capabilities by optimizing resource management and incentive policies.
  • The platform advantage accumulated over the years in the live streaming field has effectively supported the Group's strategic multi-product plan.

Umob partners with CleverTap to deliver personalised customer experiences

Retrieved on: 
Tuesday, March 26, 2024
Partnership, CleverTap, City, Entrepreneurship, Online shopping

Umob was looking for a platform to enhance customer engagement and retention strategies, provide data-driven decision-making, personalise experiences, and increase customer lifetime value.

Key Points: 
  • Umob was looking for a platform to enhance customer engagement and retention strategies, provide data-driven decision-making, personalise experiences, and increase customer lifetime value.
  • With CleverTap, Umob can deliver highly targeted and personalised user experiences, driving increased engagement, loyalty, and lifetime value.
  • "As Umob continues on its high-growth trajectory, we must focus on maximising customer lifetime value early on.
  • With CleverTap's suite of cutting-edge offerings, we are confident in our ability to deliver personalised experiences, foster strong customer relationships, and ultimately drive long-term business success."

Rockbird media Rocks the Debut of Customer Experience Summit Asia, Uplifting Philippine CX Scene

Retrieved on: 
Tuesday, March 26, 2024
Organization, Kavathe-Mahankal, BGC, CFOS, CESA, Fortification, Payment, VPS, Nightclub

Manila, Philippines, Mar 26, 2024 - (ACN Newswire) - Rockbird media proudly announces the successful debut of its first-ever Customer Experience Summit Asia (CESA) on March 21, 2024, at Shangri-La The Fort, BGC.

Key Points: 
  • Manila, Philippines, Mar 26, 2024 - (ACN Newswire) - Rockbird media proudly announces the successful debut of its first-ever Customer Experience Summit Asia (CESA) on March 21, 2024, at Shangri-La The Fort, BGC.
  • The summit, themed "Trailblazing The Future of Philippine Customer Experience," addressed the critical challenges facing businesses in delivering exceptional customer experiences amidst the region's burgeoning digital transformation.
  • In the Philippine customer service landscape, businesses often struggle to keep up with changing customer needs.
  • "Honoured to stand as the representative of our company at the groundbreaking 1st Customer Experience Summit Asia (CESA) 2024, thoughtfully organized by rockbird media.

Nissin Foods Announces 2023 Annual Results, Net Profit Up 5.6% to HK$330.2 Million

Retrieved on: 
Tuesday, March 26, 2024
Cup Noodles, Growth, HK, Kagome, Sale, Acquisition, Nissin Foods

Gross profit was HK$1,303.1 million, with gross profit margin increased by 2.0 percentage points to 34.0% in 2023 from 32.0% (restated) in 2022.

Key Points: 
  • Gross profit was HK$1,303.1 million, with gross profit margin increased by 2.0 percentage points to 34.0% in 2023 from 32.0% (restated) in 2022.
  • Profit attributable to owners of the Company increased by 5.6% year-on-year to HK$330.2 million, improving the net profit margin from 7.7% (restated) in 2022 to 8.6%.
  • The financial position of the Group remained healthy, with net cash of approximately HK$1,310.4 million and HK$820.0 million in available banking facilities as at 31 December 2023.
  • Nissin Foods will continue to strengthen its overall competitiveness based on a well-diversified product portfolio and the premiumisation strategy.

Venturi Partners invests $25 million in DALI Discount, Philippines' leading chain of discount grocery stores

Retrieved on: 
Tuesday, March 26, 2024
Partnership, Philosophy, Coffee, Venturi, Food, Retail

SINGAPORE, Mar 26, 2024 - (ACN Newswire) - Venturi Partners ("Venturi"), a prominent growth equity firm specialising in consumer investments across India and Southeast Asia, today announced its recent investment in DALI Discount ("DALI"), a rapidly expanding hard discount chain operating in the Philippines.

Key Points: 
  • SINGAPORE, Mar 26, 2024 - (ACN Newswire) - Venturi Partners ("Venturi"), a prominent growth equity firm specialising in consumer investments across India and Southeast Asia, today announced its recent investment in DALI Discount ("DALI"), a rapidly expanding hard discount chain operating in the Philippines.
  • DALI vision is to improve daily lives of all Filipino households by providing good quality product at lowest possible price next door.
  • Venturi Partners' $25 million investment in DALI underscores the firm's confidence in the company's hard discounter business model, strong management team, and the large market opportunity to disrupt the retail landscape in the Philippines.
  • DALI will join Venturi Partners' portfolio of consumer-focused investments in India and Southeast Asia which includes Livspace, Country Delight, Believe, and Pickup Coffee.

Fashion Hong Kong 2024 pop-up store in Paris draws strong response

Retrieved on: 
Tuesday, March 26, 2024
Culture, Shanghai Fashion Week, Environment, Clothing, Design, Pinkoi, HKTDC

11 emerging designer brands showcasing sustainability, art and culture and craft design

Key Points: 
  • 11 emerging designer brands showcasing sustainability, art and culture and craft design
    HONG KONG, Mar 26, 2024 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) launched a series of Fashion Hong Kong 2024 campaigns this month, introducing the global fashion industry to the unique charm of Hong Kong's designer brands.
  • Fashion Hong Kong has joined renowned events such as international fashion weeks since 2015 to showcase Hong Kong's unique and diverse designers.
  • In parallel with the Paris pop-up store, Fashion Hong Kong will also hold promotional campaigns in Thailand and Shanghai, and will continue to promote Hong Kong brands, supporting their expansion into markets in Mainland China and overseas.
  • The Paris pop-up store featured 11 Hong Kong designer brands and brought a series of personalised designs focusing on sustainable fashion, art, culture and craftsmanship to global fashion capital Paris.

ICDM and IoD UK Unite to Drive Board Excellence

Retrieved on: 
Tuesday, March 26, 2024
Growth, Institute of Directors, Partnership, Research, Management

By fostering this alliance between the two organisations, ICDM and IoD UK are looking to leverage their shared resolve to advance corporate governance and board leadership excellence as well as to promote best practices and knowledge exchange to achieve several goals to benefit their respective members.

Key Points: 
  • By fostering this alliance between the two organisations, ICDM and IoD UK are looking to leverage their shared resolve to advance corporate governance and board leadership excellence as well as to promote best practices and knowledge exchange to achieve several goals to benefit their respective members.
  • The access that ICDM members will have to the services and offerings by the IoD UK through this partnership will prove invaluable and we foresee a significant influence in corporate director and leadership excellence."
  • This would further allow board talents on the ASEAN Directors Registry to offer themselves to interested organisations from ASEAN as well as the UK.
  • It is particularly advantageous as it can help support those with business relations in Malaysia (& ASEAN) and the UK, through the reciprocal membership benefits between ICDM and IoD UK.

ALO Collaborates with The Education University of Hong Kong

Retrieved on: 
Tuesday, March 26, 2024
Well, Learning, Artificial intelligence, Psychology, Secondary school, Parent, Commerce, Love, Methodism, Curriculum, Yuen Yuen Institute, Communication, Speech, Committee, Kornhill, Special needs, Education University, Safety, Kaiping, Curriculum framework, Teaching, Shatin Pui Ying College, Bias, Knowledge, HKTA, AI, Parenting, Student, Indian Olympic Association, Education Bureau, Lip, Principal, Motivation, Growth, Environment, School, Gold, Special Olympics, Workload, Tutoring

HONG KONG, Mar 26, 2024 - (ACN Newswire) - ALO Parent Education App/Digital Platform (ALO) is collaborating with The Education University of Hong Kong (EdUHK) to provide greater support for students with special educational needs (SEN) and their parents.

Key Points: 
  • HONG KONG, Mar 26, 2024 - (ACN Newswire) - ALO Parent Education App/Digital Platform (ALO) is collaborating with The Education University of Hong Kong (EdUHK) to provide greater support for students with special educational needs (SEN) and their parents.
  • The collaboration between ALO, EdUHK, and the Hong Kong Police Force serves as a testament to the importance of interdisciplinary and cross-professional cooperation.
  • In the upcoming enhanced version, ALO 4.0, we will introduce new categories such as 'Special Education,' 'National Education,' and 'Law-abidingness Education.'
  • In the future, ALO will stay true to its original mission of 'Unite Hong Kong to Support Parents ; Build a Prosperous Society Through Positive Parenting,' contributing to the construction of a prosperous society in Hong Kong!"

Analogue Records Net Profit of HK$251.5 Million in FY2023

Retrieved on: 
Monday, March 25, 2024
ICBT, Biophysical environment, Transient-voltage-suppression diode, Building automation, Building, Information, BMS, Precision, Internet of things, Mechanical, ELV, MIC, JCW, TEI, Communication, Multi, Safety, Municipal solid waste, HK1, ESG, Acquisition, MEP, Electricity, Digital twin, Escalator, Engineering, E&M, Building information modeling, O&M, Information and communications technology, Growth, Lift, Water, Business model, Government

-- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%

Key Points: 
  • -- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%
    The Group's revenue for the Year was HK$6,132.9 million and gross profit was HK$833.3 million.
  • Profit attributable to owners of the Company was HK$251.5 million, representing a year-on-year increase of 119.5%.
  • The Group's contracts-in-hand remained at a high level of HK$11,459.6 million, providing a solid foundation for the business going forward.
  • Revenue of the Environmental Engineering segment grew by 9.9% to HK$1,356 million year-on-year, with contracts-in-hand amounting to HK$4,165 million as at 31 December 2023.

Graphene Manufacturing Group Secures AU$2 Million Funding Grant from Queensland Government for Battery Pilot Plant

Retrieved on: 
Monday, March 25, 2024
UQ, The Company, Partnership, GMG, Queensland Government, Lithium battery, State government, Pilot plant, State, Lithium

BRISBANE, AUS, Mar 25, 2024 - (ACN Newswire) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") announces that the Company has signed a Queensland Critical Minerals and Battery Technology Fund Agreement with the State Government of Queensland for a grant of AU$ 2 million towards the funding of GMG's proposed Automated Battery Pilot Plant for the manufacture of GMG's Graphene Aluminium Ion Battery.

Key Points: 
  • BRISBANE, AUS, Mar 25, 2024 - (ACN Newswire) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") announces that the Company has signed a Queensland Critical Minerals and Battery Technology Fund Agreement with the State Government of Queensland for a grant of AU$ 2 million towards the funding of GMG's proposed Automated Battery Pilot Plant for the manufacture of GMG's Graphene Aluminium Ion Battery.
  • The grant is for the payment of 50% of the capital cost of GMG's proposed Automated Battery Pilot Plant, up to a maximum of AU$ 2 million, for the manufacture of GMG's Graphene Aluminium Ion Battery.
  • The Pilot Plant would be constructed at GMG Richland's existing manufacturing facility, and the grant is conditional on various preconditions including GMG taking a final investment decision in the Battery Pilot Plant project.
  • GMG's CEO Craig Nicol stated, "We want to thank the Queensland Government and acknowledge its commitment to supporting the Critical Mineral and Battery Manufacturing Industry in the State.

New Hope Services: Net profit margin attributable to the parent Company was 17.1% in 2023, annual dividend payout ratio reached 60%

Retrieved on: 
Monday, March 25, 2024
Growth, CIA, Partnership, China Guangfa Bank, China Construction Bank, Acquisition, GFA, City, Investment

Net profit margin attributable to the parent Company was 17.1%, remaining at mid-to-high level.

Key Points: 
  • Net profit margin attributable to the parent Company was 17.1%, remaining at mid-to-high level.
  • The Board recommended payment of a final dividend of RMB0.091 per share, with an interim dividend of RMB0.067 per share, for a total annual dividend of RMB0.158 per share, equivalent to a dividend payout ratio of 60%.
  • New Hope Service continued to follow the development strategy of deep regional penetration.
  • As at 31 December 2023, the Group had projects in 33 cities across China, with the area under management 32,258,000 square meters ("sq.m.

DC Healthcare Continues Growth Momentum with Second DC Body Outlet Opening in USJ Taipan

Retrieved on: 
Monday, March 25, 2024
Elective surgery, Health, Patient satisfaction, Hand, Hospital

KUALA LUMPUR, Mar 25, 2024 - (ACN Newswire) - DC Healthcare Holdings Berhad ("DC Healthcare" or the "Group"), an aesthetic medical services provider specialising in the provision of non-invasive and minimally invasive procedures, continues the Group's growth momentum to announcing the opening of the latest DC Body outlet in USJ Taipan.

Key Points: 
  • KUALA LUMPUR, Mar 25, 2024 - (ACN Newswire) - DC Healthcare Holdings Berhad ("DC Healthcare" or the "Group"), an aesthetic medical services provider specialising in the provision of non-invasive and minimally invasive procedures, continues the Group's growth momentum to announcing the opening of the latest DC Body outlet in USJ Taipan.
  • Managing Director of DC Healthcare, Dr. Chong Tze Sheng
    DC Body - USJ Taipan represent an innovative leap for DC Healthcare, extending the Group's offerings into specialised weight management, personalised nutrition counselling and body contouring.
  • DC Body - USJ Taipan is designed in harmony with the Group's philosophy of personalised, holistic care, developed in collaboration with esteemed medical professionals from Dr. Chong Clinic and certified nutritionists.
  • As DC Healthcare continues to extend its geographical reach, the strategic placement of new outlets is anticipated to significantly contribute to the Group's growth trajectory.

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