Intangibles

Shandong dazzles international folks with Yellow River wonders

Retrieved on: 
onsdag, september 13, 2023

Yellow River, the second-longest river in China, is known as China's "Mother River" and the cradle of Chinese civilization.

Key Points: 
  • Yellow River, the second-longest river in China, is known as China's "Mother River" and the cradle of Chinese civilization.
  • The Yellow River Delta showcases stunning natural beauty that offers lucrative opportunities for tourism.
  • As part of the tour titled "Meeting the Sea along the Yellow River - Global Influencers Explore Shandong's Charm" from Sept 8 to 10, a delegation of international influencers and reporters explored the cities of Weifang, Zibo, and Dongying in Shandong, delving deeper into the Yellow River culture.
  • Shandong has been working to promote Yellow River culture by leveraging its tourism resources and is building its tourism brand of "Meeting the Sea along the Yellow River".

Roaring Back to Life: HK's Legendary Tai Hang Fire Dragon Dance Returns — Witness the Revival of an Intangible Cultural Heritage with Over 140 Years of History

Retrieved on: 
tisdag, september 12, 2023

Hong Kong’s legendary Tai Hang Fire Dragon Dance roars back to life this Mid-Autumn Festival, reigniting the flames of this revered ritual for the first time since 2019.

Key Points: 
  • Hong Kong’s legendary Tai Hang Fire Dragon Dance roars back to life this Mid-Autumn Festival, reigniting the flames of this revered ritual for the first time since 2019.
  • View the full release here: https://www.businesswire.com/news/home/20230911793495/en/
    Tai Hang Fire Dragon Dance will feature more than 300 performers parading a 67-metre-long dragon through the grid-like streets of the charming Tai Hang district.
  • Originating over 140 years ago, the Fire Dragon Dance emerged as Tai Hang grappled with the hardships of plague within its farming and fishing communities.
  • Adding to the festivities is the recently opened Tai Hang Fire Dragon Heritage Centre, housed in a Grade 3 Historic Building at 12 School Street.

AVANTE CORP. ANNOUNCES FINANCIAL RESULTS FOR THE FIRST FISCAL QUARTER ENDED JUNE 30, 2023 AND STOCK OPTION GRANT

Retrieved on: 
tisdag, augusti 29, 2023

TORONTO-Ontario, Aug. 29, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • “F22” means the fiscal year ended March 31, 2022; and “F23” means the fiscal year ended March 31, 2023.
  • The Avante Security segment reported Adjusted EBITDA of $691 during the first fiscal quarter ended June 30, 2023, versus $765 during the first fiscal quarter ended June 30, 2022.
  • The loss in Adjusted EBITDA from central corporate costs, net of eliminations, within continuing operations was $(182) during the first fiscal quarter ended June 30, 2023.
  • This represented an improvement of $17 versus the $(199) Adjusted EBITDA net of central costs during the first fiscal quarter ended June 30, 2022.

Kuaishou Technology Announces Second Quarter and Interim 2023 Unaudited Financial Results

Retrieved on: 
tisdag, augusti 22, 2023

HONG KONG, Aug. 22, 2023 /PRNewswire/ -- Kuaishou Technology (HK Counter:01024/RMB Counter: 81024) (the "Company" or "Kuaishou"), a leading content community and social platform, today announced its unaudited consolidated results for the three months ("Second Quarter") and six months ("Interim") ended June 30, 2023.

Key Points: 
  • HONG KONG, Aug. 22, 2023 /PRNewswire/ -- Kuaishou Technology (HK Counter:01024/RMB Counter: 81024) (the "Company" or "Kuaishou"), a leading content community and social platform, today announced its unaudited consolidated results for the three months ("Second Quarter") and six months ("Interim") ended June 30, 2023.
  • Gross profit margin in the second quarter of 2023 was 50.2%, improving from 45.0% for the same period of 2022.
  • Average daily time spent per DAU on the Kuaishou App was 117.2 minutes in the second quarter of 2023.
  • In addition, in the second quarter of 2023, average daily interactions (including likes, comments, and reposts) on the Kuaishou App reached 8 billion.

Catalyst Pharmaceuticals Reports Strong Second Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
onsdag, augusti 9, 2023

CORAL GABLES, Fla., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Catalyst Pharmaceuticals, Inc. (“Catalyst” or “the Company”) (Nasdaq: CPRX) today reported financial results for the second quarter of 2023 and provided a corporate update.

Key Points: 
  • Research and Development Expenses: Research and development expenses were $4.0 million in both the second quarter of 2023 and 2022.
  • Selling, General, and Administrative Expenses: Selling, general, and administrative expenses for the second quarter of 2023 were $28.4 million, compared to $12.9 million in the second quarter of 2022.
  • Amortization of Intangible Assets: Amortization of intangible assets was $8.5 million in the second quarter of 2023, compared to $0 million in the second quarter of 2022.
  • Operating Income: Operating income for the second quarter of 2023 was $46.7 million, compared to $28.6 million in the second quarter of 2022, representing an increase of 63.5% year-over-year.

AVANTE LOGIXX INC. ANNOUNCES FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED MARCH 31, 2023

Retrieved on: 
tisdag, augusti 1, 2023

“F22” means the fiscal year ended March 31, 2022; and “F23” means the fiscal year ended March 31, 2023.

Key Points: 
  • “F22” means the fiscal year ended March 31, 2022; and “F23” means the fiscal year ended March 31, 2023.
  • The Avante Security segment reported Adjusted EBITDA of $3,009 during the year ended March 31, 2023, versus $1,400 during the year ended March 31, 2022.
  • The loss in Adjusted EBITDA from central corporate costs, net of eliminations, within continuing operations was $(1,654) during the year ended March 31, 2023.
  • Four months of revenue from the acquisition is included in the March 31, 2023 Avante Security results.

CB Financial Services, Inc. Announces Second Quarter and Year-to-Date 2023 Financial Results and Declares Quarterly Cash Dividend

Retrieved on: 
fredag, juli 28, 2023

Book value per share was $22.81, compared to $22.90 as of March 31, 2023 and $21.60 as of December 31, 2022.

Key Points: 
  • Book value per share was $22.81, compared to $22.90 as of March 31, 2023 and $21.60 as of December 31, 2022.
  • Tangible book value per share (Non-GAAP) was $20.39, compared to $20.40 as of March 31, 2023 and $19.00 as of December 31, 2022.
  • President and CEO John H. Montgomery stated, “Our second quarter results demonstrated the durability of both our franchise and the community bank model in general.
  • We also declared and paid a $0.25 cash dividend during the quarter while allowing our previous share repurchase program to expire.

Stock Yards Bancorp Reports Solid Second Quarter Earnings of $27.7 Million or $0.94 per Diluted Share

Retrieved on: 
onsdag, juli 26, 2023

Total loans, excluding PPP loans, increased $571 million, or 12%, over the last 12 months, while growing $178 million during the second quarter.

Key Points: 
  • Total loans, excluding PPP loans, increased $571 million, or 12%, over the last 12 months, while growing $178 million during the second quarter.
  • Net interest income increased $3.9 million, or 7%, for the second quarter of 2023 compared to the second quarter a year ago.
  • Non-interest income increased by $1.1 million, or 5%, over the second quarter of 2022, as customer expansion enhanced fee income.
  • Total deposits decreased $149 million, or 2%, on the linked quarter, with non-interest bearing demand deposit balances contracting $79 million.

Farmers National Banc Corp. Reports Results for Second Quarter of 2023

Retrieved on: 
onsdag, juli 26, 2023

The provision for credit losses and unfunded commitments was $25,000 for the second quarter of 2023 compared to $616,000 for the second quarter of 2022.

Key Points: 
  • The provision for credit losses and unfunded commitments was $25,000 for the second quarter of 2023 compared to $616,000 for the second quarter of 2022.
  • The net interest margin was 2.92% for the second quarter of 2023 compared to 3.07% in the first quarter of 2023 and 3.25% for the second quarter of 2022.
  • Service charges on deposit accounts have increased by $362,000 in the second quarter of 2023 compared to the second quarter of 2022.
  • Merger related costs were $442,000 for the second quarter of 2023 compared to $674,000 in the second quarter of 2022.

DCT Abu Dhabi places culture at the heart of 2023 plans to promote economic growth, enrich lives and attract more tourists to Abu Dhabi

Retrieved on: 
torsdag, juni 22, 2023

ABU DHABI, UAE, June 22, 2023 /PRNewswire/ -- The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) today outlined its roadmap for growth in 2023 that will promote, protect and progress Abu Dhabi's culture and tourism sectors. This follows a strong 2022 performance driven by the innovation, resilience and integration of these sectors.

Key Points: 
  • The 2023 growth roadmap includes:
    ABU DHABI, UAE, June 22, 2023 /PRNewswire/ -- The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) today outlined its roadmap for growth in 2023 that will promote, protect and progress Abu Dhabi's culture and tourism sectors.
  • Saood Al Hosani, Undersecretary of DCT Abu Dhabi, emphasised that culture is at the heart of DCT Abu Dhabi's plans and underlined the role it plays in creating innovative and resilient communities.
  • His Excellency Saood Al Hosani, Undersecretary of DCT Abu Dhabi, said: "With culture at the heart of everything we do, we have set bold and ambitious targets for 2023 as we promote, protect and progress the culture and tourism sectors in Abu Dhabi.
  • Our purpose is to share Abu Dhabi with the world and enrich lives," he added.