The Group

Ching Lee Holdings (3728. HK) doubles profit in 2023 interim results, showing strong growth capacity

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星期二, 十一月 28, 2023

HONG KONG, Nov 28, 2023 - (ACN Newswire) - Ching Lee Holdings Limited "Ching Lee" or "The Group" (stock code 3728.HK) reported its 2023 Interim Results on Monday with a robust performance.

Key Points: 
  • HONG KONG, Nov 28, 2023 - (ACN Newswire) - Ching Lee Holdings Limited "Ching Lee" or "The Group" (stock code 3728.HK) reported its 2023 Interim Results on Monday with a robust performance.
  • Net profits increased by 126.2% to HK$3.4 million, compared to the same period last year.
  • Total revenue recorded 77% of year-on-year growth and profit before tax rose 181.4% from last year.
  • The Group has solid financial strength to capture different business opportunities with potential construction projects from our current customer networks.

EQS-News: HomeToGo Announces Key Strategic Updates at its Capital Markets Day 2023, Including New B2B Business Segment And Vision To Build A Fully AI-Powered Marketplace

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星期二, 十二月 12, 2023

HomeToGo Announces Key Strategic Updates at its Capital Markets Day 2023, Including New B2B Business Segment And Vision To Build A Fully AI-Powered Marketplace

Key Points: 
  • HomeToGo Announces Key Strategic Updates at its Capital Markets Day 2023, Including New B2B Business Segment And Vision To Build A Fully AI-Powered Marketplace
    The issuer is solely responsible for the content of this announcement.
  • Additionally the Company expanded its profitable Subscriptions & Services business in 2023, which now represents around 20% of the Group’s total IFRS Revenues.
  • To efficiently reach its financial milestones, HomeToGo plans to potentially reinvest improved 2024 profitability directly into additional long-term growth levers.
  • HomeToGo today introduced HomeToGo_PRO, its new B2B brand and business segment and a key growth focus for the Company.

Sumitomo Corporation Group Establishes Renewable Energy Development Company in the United States

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星期一, 九月 11, 2023

NEW YORK, Sept. 11, 2023 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter referred to as "SC Group") together with Advantage Capital (AC) — a U.S. impact investment firm that is also working on the development of the renewable energy business — has established Perennial Renewables LLC (PR), a limited liability company that develops renewable energy projects with a focus on solar power generation.

Key Points: 
  • NEW YORK, Sept. 11, 2023 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter referred to as "SC Group") together with Advantage Capital (AC) — a U.S. impact investment firm that is also working on the development of the renewable energy business — has established Perennial Renewables LLC (PR), a limited liability company that develops renewable energy projects with a focus on solar power generation.
  • PR will leverage AC's development team expertise on site control and interconnection and SC Group's strength in project finance arrangement to simultaneously develop multiple renewable energy projects.
  • At the outset, PR will focus on completing the development of AC's current portfolio, consisting of 2+ GW of solar generation across six states, and going forward plans to add new renewable energy projects into the development pipeline.
  • In the United States, SC Group has achieved investment and operation of seven renewable energy businesses since its first investment in the onshore wind power generation business in 2009.

Net Profit of Kingworld Medicines Increased By 55.8%

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星期一, 八月 28, 2023

Profit for the period increased by 35.9% to approximately RMB48 million.

Key Points: 
  • Profit for the period increased by 35.9% to approximately RMB48 million.
  • Profit attributable to owners of the Company increased by 55.8% to approximately RMB38 million.
  • However, through active marketing and promotion, the market share of the major products increased significantly year-on-year with an increase in gross profit margin.
  • Mr. Zhao Lisheng, Chairman of Kingworld Medicines Group, concludes: "2023 is the second year for our strategies of the Fifth Five-Year Plan.

Net Profit of Kingworld Increased By 35.9% YoY

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星期一, 八月 28, 2023

Gross profit increased by 15.7% to approximately RMB155 million.

Key Points: 
  • Gross profit increased by 15.7% to approximately RMB155 million.
  • Profit for the period increased by 35.9% to approximately RMB48 million.
  • Profit attributable to owners of the Company increased by 55.8% to approximately RMB38 million.
  • However, through active marketing and promotion, the market share of the major products increased significantly year-on-year with an increase in gross profit margin.

Ching Lee Holdings realises profit returns from increased construction projects

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星期二, 六月 27, 2023

HONG KONG, June 27, 2023 - (ACN Newswire) - Ching Lee Holdings Limited "Ching Lee" or "The Group" (stock code 3728.HK) has announced its annual results which have remarkable financial performance with rapid growth of revenue and notable gross profits for the turnaround from loss to profit.

Key Points: 
  • HONG KONG, June 27, 2023 - (ACN Newswire) - Ching Lee Holdings Limited "Ching Lee" or "The Group" (stock code 3728.HK) has announced its annual results which have remarkable financial performance with rapid growth of revenue and notable gross profits for the turnaround from loss to profit.
  • The increase in a number of new construction projects and effective cost control have helped to drive strong income and balance growth and scale to the business.
  • While the superstructure works increased by 23.6%, the substructure works grew by 12.2% for the year.
  • The Group continues to capture different business opportunities with potential construction projects from our current customer networks.

Phoenix Holdings Reports Results for the First Quarter of 2023

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星期三, 五月 31, 2023

Phoenix Holdings Ltd., a leading Israel-based diversified financial, insurance, and investment group (TASE: PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the first quarter of 2023.

Key Points: 
  • Phoenix Holdings Ltd., a leading Israel-based diversified financial, insurance, and investment group (TASE: PHOE) (“Phoenix,” the “Group,” or the “Company”), today reported its results for the first quarter of 2023.
  • As of March 31, 2023, equity amounted to 10 billion NIS after distributing dividends of 177 million NIS with respects to 2022 profits.
  • The Phoenix Insurance Company Ltd. (“Phoenix Insurance”) published an updated Solvency ratio of 211% with transitional measures and 149% without transitional measures as of December 31, 2022.
  • The total pre-tax profit for Q1 2023 was 28 million NIS, compared to NIS 12 million in the corresponding period last year.

Sunshine Insurance Announces 2022 Annual Results

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星期一, 四月 3, 2023

HONG KONG, Apr 3, 2023 - (ACN Newswire) - Sunshine Insurance Group Company Limited ("Sunshine Insurance" or "The Group"; SEHK stock code: 6963.HK) is pleased to announce the annual results for the year ended 31 December 2022 (the "Reporting Period").

Key Points: 
  • HONG KONG, Apr 3, 2023 - (ACN Newswire) - Sunshine Insurance Group Company Limited ("Sunshine Insurance" or "The Group"; SEHK stock code: 6963.HK) is pleased to announce the annual results for the year ended 31 December 2022 (the "Reporting Period").
  • In 2022, the Group focused on insurance as the core business, fully balanced insurance business, made steady growth in overall operating results and continuously enhanced its capability for value creation.
  • For life insurance, in 2022, with the volatile global economic environment, the transformation of insurance industry was experiencing challenges.
  • For property and casualty insurance, the Group mainly provided property and casualty insurance products and services through Sunshine P&C.

Baguio Green's 2022 Net Profit* Increased by 3.2 times, Contracts On Hand Recorded a Historical High with a Surge of 67% to HK$3.6 billion

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星期四, 三月 30, 2023

In 2022, new contracts awarded to the Group amounted to a total of HK$3.08 billion.

Key Points: 
  • In 2022, new contracts awarded to the Group amounted to a total of HK$3.08 billion.
  • As a result, the Group recorded a historical high for its contracts on hand of approximately HK$3.59 billion (as of 31 December 2022), representing a surge of approximately 67.3%.
  • During the Year, the Group secured a number of service contracts worth approximately HK$1.99 billion in total for street cleansing services.
  • Mr. Ng Wing Hong, Chairman of Baguio, commented, "2022 marks a year with outstanding result performance with net profit* substantially increased by 3.2 times and contracts on hand recorded a historical high since Baguio established 43 years ago.

Accrelist's subsidiary, Jubilee, to unlock remaining shareholding in its Electronics Business Unit for S$21.4 million

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星期四, 三月 23, 2023

Ltd. to acquire remaining 86% stake in Accrelist subsidiary, Jubilee's Electronics Business Unit (EBU).

Key Points: 
  • Ltd. to acquire remaining 86% stake in Accrelist subsidiary, Jubilee's Electronics Business Unit (EBU).
  • SINGAPORE, Mar 23, 2023 - (ACN Newswire) - Accrelist Ltd.'s 53.31%-owned subsidiary, Jubilee Industries Holdings Ltd, has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte.
  • Ltd. (the "Purchaser") for the sale of the Company's remaining 86% shareholdings in We Components Pte.
  • The Proposed Disposal follows the successful completion of Jubilee's sale of 14% shareholding interest in WEC ("First Disposal") as announced on 9 March 2023.