PHILIPPINES

In the Trough of Nickel Cycle: Value Regress Perceived in Lygend Resources (2245.HK)

Retrieved on: 
Wednesday, April 10, 2024

In the Trough of Nickel Cycle: Value Regress Perceived in Lygend Resources (2245.HK)

Key Points: 
  • In the Trough of Nickel Cycle: Value Regress Perceived in Lygend Resources (2245.HK)
    Nickel prices remained at a low position in 2023, posing a serious challenge to the global industrial chain.
  • Nickel Asia Corporation, a nickel producer from the Philippines, reported a decrease of 53% YoY in net profits in fiscal year 2023.
  • The general downturn of the nickel industry in 2023 reflects the fact that the global oversupply of nickel has not changed in the past two years.
  • On the other, the nickel supply-demand situation has seen predictions for marginal improvement, and this will surely boost nickel price.

Airdoc Technology (02251.HK) achieved remarkable success in 2023, accelerating its commercialization in an unparalleled way  

Retrieved on: 
Wednesday, April 10, 2024

In 2023, Airdoc Technology significantly accelerated its commercialization,while most of its peers were still in the experimental stage or early stages of commercialization.

Key Points: 
  • In 2023, Airdoc Technology significantly accelerated its commercialization,while most of its peers were still in the experimental stage or early stages of commercialization.
  • 2) health risk assessment solutions, covering 55 types of lesions, providing chronic disease management and health assessments for healthcare industry.
  • Airdoc Technology practices the use of AI technology to assist in the prevention and control of myopia among teenagers and the development of eye health.
  • In July 2023, Airdoc Technology participated in the formulation of the "Expert Consensus on Assessing the Risk of Cardiovascular Diseases Using Artificial Intelligence Technology Based on Fundus Images."

Jollibee Ranks as Second Fastest-Growing Restaurant Brand in the World

Retrieved on: 
Wednesday, April 10, 2024

MANILA, PHILIPPINES - Media OutReach Newswire - 12 March 2024 - Jollibee has been recognized as the second fastest-growing restaurant brand in the world, according to the latest annual brand ranking report by Brand Finance, the world's leading independent brand valuation agency.

Key Points: 
  • MANILA, PHILIPPINES - Media OutReach Newswire - 12 March 2024 - Jollibee has been recognized as the second fastest-growing restaurant brand in the world, according to the latest annual brand ranking report by Brand Finance, the world's leading independent brand valuation agency.
  • The brand further solidified its position by achieving fifth place in the strongest restaurant brand category, elevating its rating from AA- to AAA.
  • In addition, Jollibee is the only Philippine brand listed in the 2024 Top 25 Most Valuable Restaurant Brands and Top 10 Strongest Restaurant Brands.
  • Jollibee, the flagship global brand within the Jollibee Group's extensive portfolio of 18 brands, originated in the Philippines in 1978.

MPay Of Macau Pass Rose Over 200% In Transaction Value And Volume In Japan's Cross-Border Payments In 2024 Q1

Retrieved on: 
Wednesday, April 10, 2024

Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.

Key Points: 
  • Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.
  • Currently, people from Macao can use MPay to make purchases at cooperating stores in Japan, settle in MOP, and enjoy preferential exchange rates.
  • According to statistics, in the first quarter of 2024, MPay's transaction volume and number of transactions in Japan increased by over 200% respectively compared to the fourth quarter of 2023.
  • By working with these partners, Alipay+ provides global tourists with the same seamless digital payment experience they enjoy in their own markets.

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Wednesday, April 10, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

Airdoc Technology Unveils 2023 Financial Highlights, Revenue by 79%, Serving 6.83 Million cases

Retrieved on: 
Wednesday, April 10, 2024

Airdoc Technology Unveils 2023 Financial Highlights, Revenue by 79%, Serving 6.83 Million cases

Key Points: 
  • Airdoc Technology Unveils 2023 Financial Highlights, Revenue by 79%, Serving 6.83 Million cases
    On March 27, medical artificial intelligence company Airdoc Technology (2251.
  • In 2023, through our SaMDs and health risk assessment solutions, we serviced a total of 6.83 million cases and identified 31,459 significant positive cases.
  • In 2023, Airdoc Medical broadened its reach to include hospitals, grassroots medical institutions such as community clinics, and health examination centers.
  • In June 2023, Airdoc, in collaboration with Tsinghua University's Chang Gung Hospital, developed and validated a new deep learning-based neovascular segmentation model.

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Retrieved on: 
Wednesday, April 10, 2024

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Key Points: 
  • Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.
  • • 13 mobile payment tools and digital platforms, including MPay, pledge to promote local small and micro enterprises (SMEs) to participate in sustainable development programs.
  • Programme SIRIUS is an open and collaborative industry initiative that aims to support MSMEs operating on digital platforms in their journey towards sustainability.
  • With our experience in innovation-led sustainability and SME programs, Ant International is honored to create more sustainable opportunities for SMEs."

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

Retrieved on: 
Tuesday, March 26, 2024

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.

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

Retrieved on: 
Tuesday, March 26, 2024

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.

Analogue Records Net Profit of HK$251.5 Million in FY2023

Retrieved on: 
Monday, March 25, 2024

-- 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.