Renminbi

Interface Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Home Goods, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Interior Design, Manufacturing, Retail, Residential Building & Real Estate, CFO, News, Growth, Interface, Inc., AOI, Capital expenditure, GAAP, Webcast, Depreciation, Interest, Automation, Office, Renminbi, EPS, Hand, Corporation, Internet, Education, Self storage

Adjusted SG&A expenses were $83.5 million, or 25.7% of net sales, in the fourth quarter of 2023, compared to $79.4 million, or 23.7% of net sales, in the fourth quarter of 2022.

Key Points: 
  • Adjusted SG&A expenses were $83.5 million, or 25.7% of net sales, in the fourth quarter of 2023, compared to $79.4 million, or 23.7% of net sales, in the fourth quarter of 2022.
  • Fourth quarter 2023 adjusted operating income ("AOI") was $41.0 million versus AOI of $32.0 million in the fourth quarter of 2022.
  • Fourth quarter 2023 adjusted net income was $23.8 million, or $0.41 per diluted share, versus fourth quarter 2022 adjusted net income of $18.1 million, or $0.31 per diluted share.
  • Interface will host a conference call on February 27, 2024, at 8:00 a.m. Eastern Time, to discuss its fourth quarter and full fiscal year 2023 results.

Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 27, 2024
ADS, Research, PIN, Mining, AI, Marketing, Bank, ATM, Growth, Sale, Disclosure, A14, A13, Policy, Electricity, Finance, Procurement, Renminbi, FASB, BNY Mellon, Bank statement, Depreciation, Cryptocurrency

Products revenue in the fourth quarter of 2023 was US$44.9 million, compared to US$29.9 million in the third quarter of 2023 and US$47.5 million in the same period of 2022.

Key Points: 
  • Products revenue in the fourth quarter of 2023 was US$44.9 million, compared to US$29.9 million in the third quarter of 2023 and US$47.5 million in the same period of 2022.
  • Cost of revenues in the fourth quarter of 2023 was US$103.1 million, compared to US$102.4 million in the third quarter of 2023 and US$122.5 million in the same period of 2022.
  • Products costs in the fourth quarter of 2023 were US$95.8 million, compared to US$83.7 million in the third quarter of 2023 and US$98.9 million in the same period of 2022.
  • Mining costs in the fourth quarter of 2023 were US$6.0 million, compared to US$17.9 million in the third quarter of 2023 and US$23.6 million in the same period of 2022.

Amtech Reports First Quarter 2024 Results

Retrieved on: 
Friday, February 9, 2024
Hardware, Alternative Energy, Energy, Machinery, Engineering, Technology, Semiconductor, Manufacturing, Collection, Acquisition, Substrate, GAAP, Sale, Calendar, Development, Webcast, Renminbi, Research, Administration, Bank

During the first quarter of fiscal 2024, the market value of our stock materially declined below our book value.

Key Points: 
  • During the first quarter of fiscal 2024, the market value of our stock materially declined below our book value.
  • GAAP net loss for the first quarter of fiscal 2024 was $9.4 million, or 66 cents per share.
  • Non-GAAP net loss for the first quarter of fiscal 2024 was $0.6 million, or 4 cents per share.
  • ET on Monday, February 12, 2024 to discuss our fiscal first quarter financial results.

Nissin Foods Announces 2023 Q3 Financial Results

Retrieved on: 
Thursday, November 9, 2023
Renminbi, Depreciation, Nissin Foods, Accounting

HONG KONG, Nov 9, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited third quarter financial results for the nine months ended 30 September 2023 (the "Reporting Period").

Key Points: 
  • HONG KONG, Nov 9, 2023 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited third quarter financial results for the nine months ended 30 September 2023 (the "Reporting Period").
  • Gross profit increased by 2.8% to HK$1,005.8 million, and gross profit margin increased by 2.6 percentage points to 34.0% from 31.4% (restated) for the corresponding period of 2022.
  • Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "We are pleased to have achieved double-digit profit growth amidst the challenging business landscape.
  • Nissin Foods will continue to strengthen its overall competitiveness through a well-diversified product portfolio and premiumisation strategy, while increasing brand recognition in the regions in which it operates, in order to create long-term value for our customers and shareholders."

Amtech Reports Fourth Quarter and Year End Fiscal 2023 Results

Retrieved on: 
Thursday, December 14, 2023
Other Manufacturing, Hardware, Engineering, Chemicals, Plastics, Technology, Semiconductor, Manufacturing, Other Technology, Sale, EBITDA, Acquisition, Lung compliance, Administration, Substrate, UMB Financial Corporation, Debt, GAAP, Development, ERP, Temperature, Bank, Health care, Arms industry, Renminbi

Net revenues decreased 10% sequentially and 14% from the fourth quarter of fiscal 2022.

Key Points: 
  • Net revenues decreased 10% sequentially and 14% from the fourth quarter of fiscal 2022.
  • GAAP net loss for the fourth quarter of fiscal 2023 was $12.0 million, or 85 cents per share.
  • Non-GAAP net loss for the fourth quarter of fiscal 2023 was $2.5 million, or 18 cents per share.
  • For the first fiscal quarter ending December 31, 2023, we expect revenues in the range of $21 - $24 million with EBITDA nominally negative.

Amtech Fourth Quarter Fiscal 2023 Business Update

Retrieved on: 
Wednesday, December 13, 2023
Semiconductor, Business, Hardware, Professional Services, Technology, Webcast, EBITDA, Annual report, CMP, Lung compliance, Substrate, UMB Financial Corporation, Calendar, Debt, Judgement, System, Temperature, Cryptocurrency, Renminbi

When complete, the Company will issue a press release with its fourth quarter and full year fiscal 2023 financial results, as well as file its Annual Report on Form 10-K.

Key Points: 
  • When complete, the Company will issue a press release with its fourth quarter and full year fiscal 2023 financial results, as well as file its Annual Report on Form 10-K.
    “We experienced continued softness in demand across several of our end markets during the fourth quarter and have taken actions to reduce fixed costs and expenses.
  • Net revenues decreased 10% sequentially and 14% from the fourth quarter of fiscal 2022.
  • Unrestricted cash and cash equivalents at September 30, 2023, were $13.1 million dollars, compared to $14.3 million dollars at June 30, 2023.
  • For the first fiscal quarter ending December 31, 2023, we expect revenues in the range of $21 - $24 million with EBITDA nominally negative.

Hello Group Inc. Announces Unaudited Financial Results for the Third Quarter of 2023

Retrieved on: 
Friday, December 8, 2023
Tiffany Tang, Bank statement, Investment, Share repurchase, PIN, ADS, Ecosystem, Marketing, H.10, Active users, GAAP, Translation, Table, MOMO, Video game, Beauty salon, Security (finance), Cryptocurrency, Bank, Internet service provider, Tan-Tan, Momo, Renminbi

BEIJING, Dec. 8, 2023 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced its unaudited financial results for the third quarter of 2023.

Key Points: 
  • BEIJING, Dec. 8, 2023 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced its unaudited financial results for the third quarter of 2023.
  • Net income attributable to Hello Group Inc. increased to RMB546.4 million (US$74.9 million) in the third quarter of 2023, from RMB450.8 million in the same period of 2022.
  • "We are pleased to report strong financial results for the third quarter and steady progress on various strategic priorities across all business lines.
  • Net income attributable to Hello Group Inc.
    Net income attributable to Hello Group Inc. was RMB546.4 million (US$74.9 million) in the third quarter of 2023, compared to RMB450.8 million during the same period of 2022.

Ambow Education Announces Second Quarter and First Half of 2023 Financial Results

Retrieved on: 
Tuesday, November 28, 2023
NYSE, Education, Workforce, Bank statement, BSC, Traction, College, Student, Bay State College, Accreditation, NYSE American, University, Trustee, Operating cost, Growth, Beauty salon, Video game, Cryptocurrency, Reinsurance, Renminbi

Net revenues for the second quarter of 2023 decreased by 46.0% to $2.7 million from $5.0 million for the same period of 2022.

Key Points: 
  • Net revenues for the second quarter of 2023 decreased by 46.0% to $2.7 million from $5.0 million for the same period of 2022.
  • Gross profit for the second quarter of 2023 decreased by 20.0% to $1.2 million from $1.5 million for the same period of 2022.
  • Operating expenses for the second quarter of 2023 decreased by 47.4% to $2.0 million from $3.8 million for the same period of 2022.
  • Operating loss for the second quarter of 2023 was $0.8 million, compared to an operating loss of $2.3 million for the same period of 2022.

Canaan Inc. Reports Unaudited Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 28, 2023
Sale, Research, Policy, Type, Mining, Federal, PIN, Depreciation, Agreement, ADS, Marketing, Procurement, Renminbi, Good, Digital, Person, Orangi Pilot Project, ATM, Growth, Electricity, AI, Federal Reserve, Type 2, Face, Cryptocurrency, Video game, Bank, Beauty salon, Rare-earth element, Life insurance, Security (finance), Financial services

SINGAPORE, Nov. 28, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended September 30, 2023.

Key Points: 
  • SINGAPORE, Nov. 28, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended September 30, 2023.
  • Mr. James Jin Cheng, Chief Financial Officer of Canaan, stated, "Our performance in the third quarter of 2023 exhibited both resilience and adaptability in the face of a challenging market.
  • Revenues in the third quarter of 2023 were US$33.3 million, as compared to US$73.9 million in the second quarter of 2023 and US$145.5 million in the same period of 2022.
  • Products revenue in the third quarter of 2023 was US$29.9 million, compared to US$57.9 million in the second quarter of 2023 and US$136.3 million in the same period of 2022.

Baozun Announces Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, November 22, 2023
Tencent, Location, HKEX, Acquisition, E-commerce, Investment, GAP, Tax, ADS, RMB, Marketing, GAAP, Translation, IPO, Total, Growth, Environment, GMV, Segment, BBM, Video game, Retail, Bank, Cryptocurrency, Security (finance), Online shopping, Renminbi, TikTok

SHANGHAI, Nov. 22, 2023 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • SHANGHAI, Nov. 22, 2023 /PRNewswire/ -- Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) ("Baozun", the "Company" or the "Group"), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced its unaudited financial results for the third quarter ended September 30, 2023.
  • Mr. Vincent Qiu, Chairman and Chief Executive Officer of Baozun, stated, "I am pleased that Baozun Group is collectively demonstrating significant progress in our transformation efforts.
  • This marks the first third quarter since our IPO that Baozun achieved positive operating cash flow, largely driven by business optimization, cost reduction, and improved working capital efficiency.
  • Gross profit margin of product sales for BBM in the third quarter of 2023 was 55.5%, further improved from previous quarters.