Economic development

EQS-News: CANCOM SE: CANCOM publishes Annual Report 2023 and forecasts significant growth

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Wednesday, April 10, 2024

Annual report, Growth, Supervisory board, CANCOM, Internet of things, International, ERP, Economic development, Artificial intelligence, Acquisition, Bank statement, The International, KBC Group

Munich, Germany, 28 March 2024 – In the 2023 financial year, Group revenue increased by 17.8 percent to € 1,522.7 million.

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Munich, Germany, 28 March 2024 – In the 2023 financial year, Group revenue increased by 17.8 percent to € 1,522.7 million.
The CANCOM Group also achieved a significant increase in gross profit of 33.0 percent to € 582.3 million (prior year: € 437.9 million).
"Thanks to our successful acquisition strategy, we closed the 2023 financial year with significant growth," summarises Rüdiger Rath, CEO of CANCOM SE.
The first joint annual financial statements published with the annual report are another important milestone in the integration of the two companies.

Taking stock of existing barriers to sexual and reproductive health of girls and women in SSA and how collaboration and innovation can help shape the future

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Wednesday, April 10, 2024

For years, women and girls have been failed by a fragmented, under-resourced health system that is not built to meet their sexual and reproductive health needs.

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For years, women and girls have been failed by a fragmented, under-resourced health system that is not built to meet their sexual and reproductive health needs.
Coupled with HIV, complications during pregnancy and childbirth are the leading cause of death for young women aged 15-19 years.
"Tiko" which provides access to free reproductive health services that can change the course of many lives offering youth-friendly care and comprehensive information.
Achieving universal access to sexual and reproductive health and rights by 2030 will require close collaboration by stakeholders in developing innovative solutions that can dismantle barriers to access among women and girls.

Macau Pass and China Performing Arts Agency Reach Strategic Cooperation to Jointly Promote the Inheritance of Chinese Culture and Innovation in Multiculturalism

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Wednesday, April 10, 2024

CPAA, Finance, Communication, CFO, Macau Pass, Partnership, Economic development, News, Tourism, Government

The agreement aims to further deepen the inheritance, innovation, and development of Chinese traditional culture in Macao, and to promote cultural exchange and integration between Macao, the Asia-Pacific region, and Chinese mainland.

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The agreement aims to further deepen the inheritance, innovation, and development of Chinese traditional culture in Macao, and to promote cultural exchange and integration between Macao, the Asia-Pacific region, and Chinese mainland.
Sun Ho states that this cooperation not only actively responds to the national cultural development strategy but also helps to promote Chinese culture "going global".
In the future, Macau Pass and CPAA will engage in comprehensive and in-depth cooperation in relevant businesses to jointly write a new chapter in the inheritance of Chinese culture and the innovative development of multiculturalism.
With Macao as its hub, Macau Pass’ subsidiary in Macao, Macau Pass S.A., is a non-bank financial institution with a financial clearing system.

Kenorland Announces Manitoba Mineral Development Grant at the South Thompson Nickel Project

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Tuesday, March 26, 2024

Economic development, Commerce, MMDF, Thompson Belt, Mining

Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the Company was approved for a $300,000 grant from the Manitoba Mineral Development Fund ("MMDF") to support Kenorland's exploration program at the South Thompson Project ("Project"), located in the Thompson Nickel Belt in Manitoba, Canada.

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Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce that the Company was approved for a $300,000 grant from the Manitoba Mineral Development Fund ("MMDF") to support Kenorland's exploration program at the South Thompson Project ("Project"), located in the Thompson Nickel Belt in Manitoba, Canada.
Funded by the Government of Manitoba and administered by the Manitoba Chambers of Commerce, the purpose of the MMDF is to increase mineral and economic development in northern Manitoba.
Zach Flood, CEO and President, states "Kenorland extends its sincere appreciation to the Manitoba Mineral Development Fund for its support in our exploration efforts at the South Thompson Nickel Project.
The funds provided by MMDF will aid Kenorland in conducting a large-scale aerial electromagnetic (VTEM) survey to identify potential drill targets beneath the extensive cover rocks."

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

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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.

Kingsoft Announces 2023 Annual and Fourth Quarter Results

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Wednesday, March 20, 2024

Tao, Online, The Game Awards, Attention, Growth, Health, Internet, Publishing, Economic development, Policy, Transport, AI, Collaboration, WPS, Government, Video game

HONG KONG, Mar 20, 2024 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2023 annual results and fourth quarter results for the period ended 31 December 2023.

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HONG KONG, Mar 20, 2024 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2023 annual results and fourth quarter results for the period ended 31 December 2023.
For the fourth quarter of 2023, the Company's revenue increased 9% year-on-year and 12% quarter-on-quarter to RMB 2,310.1 million.
Gross profit for the fourth quarter of 2023 increased 9% year-on-year and 13% quarter-on-quarter to RMB1,896.3 million, while operating profit amounted to RMB714.8 million.
Mr. Jun LEI, Chairman of Kingsoft, commented: "In 2023, the Group's overall performance maintained solid growth despite challenges.

Acrow’s Modular Steel Bridge Minimizes Traffic Disruptions During Major Highway Construction in Northern New Jersey

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Thursday, April 4, 2024

Passaic River, City, Dots, Economic development, Life, Garden, Safety, Garden State Parkway, U.S. Route 46, IEW, Jack post, Bridge

The Acrow 700XS® bridge was selected for the project by contractor IEW Construction Group and will maintain southbound traffic for the duration of the construction.

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The Acrow 700XS® bridge was selected for the project by contractor IEW Construction Group and will maintain southbound traffic for the duration of the construction.
Southbound traffic was switched to the temporary bridge in late October 2023 and IEW is working on replacing the existing southbound bridge.
Once the southbound bridge is finished, IEW will put northbound traffic onto the new southbound bridge while maintaining southbound traffic on the temporary bridge.
“Acrow’s modular steel detour bridges are an ideal way to keep traffic moving during priority projects, saving time and money.”

Alternus Clean Energy and Acadia Energy Announce JV to Develop 200 MW of Microgrid Projects in New York State

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Thursday, April 4, 2024

IRA, IPP, CLCPA, Partnership, Economic development, Sustainability, Renewable energy

FORT MILL, S.C., April 04, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (IPP) and Acadia Energy (“Acadia”), a pioneering microgrid and renewable energy developer, today announced a landmark joint venture to co-develop 200 megawatts (MW) of Sustainability Hub™ microgrid projects in New York State.

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FORT MILL, S.C., April 04, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (IPP) and Acadia Energy (“Acadia”), a pioneering microgrid and renewable energy developer, today announced a landmark joint venture to co-develop 200 megawatts (MW) of Sustainability Hub™ microgrid projects in New York State.
The partnership brings together Alternus' deep expertise in renewable energy development and operations with Acadia's established track record and pipeline of projects in the region.
"We are thrilled to partner with Acadia Energy on this exciting initiative to develop and operate 200 MW of microgrids in New York," said Vincent Browne, CEO of Alternus.
The projects will provide clean, reliable, and affordable energy to local communities and businesses in New York State, supporting economic development and job creation.

Mercyhurst marks new era in athletics with move to Division I

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Thursday, April 4, 2024

Transitioning to Division I, effective Fall 2024, augments Mercyhurst’s exceptional academic culture and enables its student-athletes to compete at the highest echelon of collegiate athletics.

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Transitioning to Division I, effective Fall 2024, augments Mercyhurst’s exceptional academic culture and enables its student-athletes to compete at the highest echelon of collegiate athletics.
Their forward-thinking vision and meticulous planning have positioned the Lakers for a seamless and successful transition to Division I and the NEC.
“For years, our athletic programs have showcased exceptional talent and dedication, both athletically and academically, at the NCAA Division II level,” said Mercyhurst Athletic Director Joe Spano.
Spano added that having recently completed major updates to the university’s athletic facilities, Mercyhurst is further poised for the move to Division I.

IMPROVING HEMP YIELDS TO INCREASE PROFTABILITY FOR FARMERS

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Thursday, April 4, 2024

Dicarboxylic acid, Farmer, Grain, Growth, Rotation, FHF, The Honourable, Economic development, CBD, Health Canada, FBN, Parity, Breeding, HGI, Farmers Business Network, Verve, Agriculture

During the five-year project, partners will work to position hemp as a protein-rich crop with increased yields and expanded ingredient and food usages.

Key Points:

During the five-year project, partners will work to position hemp as a protein-rich crop with increased yields and expanded ingredient and food usages.
“Improving the yield of hemp increases the profitability of the crop, bringing benefit to farmers, while also bringing more healthy and sustainable high-protein options for ingredient manufacturers and food processors.”
Fresh Hemp Foods, Farmer’s Business Network Canada and Verve are industry leaders in their respective fields.
FBN manages hybrid canola and hemp breeding programs and together with Verve has the largest hemp seed genetics portfolio in North America.
Fresh Hemp Foods, established in 1998, is a global leader in contract hemp production, food ingredient processing and hemp-based consumer packaged goods.