ASIA ORIENT: Interim Report 2023
Huihan Holdings (00214) announced interim results; losses attributable to shareholders of HK$619 million increased by 1557.1% year-on-year
According to the Zhitong Finance App, Huihan Holdings (00214) announced its results for the six months ended September 30, 2023. Group revenue was HK$1 billion, a year-on-year decrease of 16.78%; loss attributable to shareholders was HK$619 million, up 1557.1% year on year; and loss per share was HK$0.74. According to the announcement, the increase in losses attributable to shareholders was mainly due to (i) a decrease in investment income; (ii) further calculation of anticipated credit loss provisions for financial asset investment; and (iii) a higher share of profits confirmed by property development joint ventures in the previous period.
ASIA ORIENT: Announcement of Interim Results for the six months ended 30th September 2023
Asia Orient Holdings Expects Wider Fiscal H1 Attributable Loss
Asia Orient Holdings (HKG:0214) expects its attributable loss to widen to between HK$580 million and HK$650 million in the six months ended Sept. 30 from HK$37 million in the year-ago period, a Thursd
Asia Orient: Higher Credit Losses on Investment, Lower Interest Revenue Hurt Results
Asia Orient: Higher Credit Losses on Investment, Lower Interest Revenue Hurt Results
Asia Orient Expects 1H Loss Likely Between HK$580.0M-HK$650.0M Vs. HK$37.0M Loss a Year Ago
Asia Orient Expects 1H Loss Likely Between HK$580.0M-HK$650.0M Vs. HK$37.0M Loss a Year Ago
Asia Orient Expects 1H Ended September Loss to Widen Significantly
Asia Orient Expects 1H Ended September Loss to Widen Significantly
Huihan Holdings (00214) Fa Profit Alert expects medium-term shareholders to account for losses of HK$580 million to HK$650 million
Huihan Holdings (00214) announced that the group expects to obtain shareholders' share for the 6 months ending September 30, 2023...
ASIA ORIENT: Profit Warning
Asia Standard International Subsidiary Sells Pearl River Bonds
Techfull Properties, a subsidiary of Asia Orient Holdings (HKG:0214) unit Asia Standard International Group (HKG:0129), disposed of 7.5% 2026 Pearl River bonds, with a notional amount of 37.5 million
Huihan Holdings (00214.HK) received an increase of 42 million shares of common stock from Pan Zheng outside the market, worth about HK$12.6 million
On October 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on October 18, Pan Zheng increased his OTC holdings of $42 million in common shares of Huihan Holdings (00214.HK) at an average price of HK$0.3 per share on October 17, worth about HK$12.6 million. After the increase in holdings, Pan Zheng's latest number of shares held was 552 million shares, and the ratio of good positions rose from 60.61% to 65.60%. Image source: Stock Exchange equity disclosure What is an equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) must disclose their share interests in listed companies. upon
ASIA ORIENT: Annual Report 2023
Asia Standard International Unit Sells 10 Million Yuan of Bonds by Guangdong Pearl River Investment
Asia Standard International (HKG:0129) unit Techfull Properties sold 10 million yuan of interest in certain 7.5% bonds by Guangdong Pearl River Investment for 10.8 million yuan. The bonds were issued
Huihan Holdings (00214) Announces Annual Results Shareholders' Profit of HK$429 Million, Turning a Loss into a Profit Year-Over-Year
According to the Zhitong Finance App, Huihan Holdings (00214) announced results for the year ended March 31, 2023, with revenue of HK$2,303 billion, a decrease of 17% over the previous year; the company's shareholders should account for a profit of HK$429 million, a loss of HK$906 million for the same period last year; profit of HK$0.51 per share. According to the announcement, the conversion of loss to profit mainly comes from the net realized and unrealized income from this year's financial asset investment, compared to last year; reduction in expected credit loss from investment in financial assets; increased profit receivable from joint venture property development projects; increased revaluation income from property investment; and such spillover
ASIA ORIENT: Announcement of results for the year ended 31st March 2023 and Proposed Amendments to the Existing Bye-Laws
Asia Orient Holdings Expects Return to Profitability in FY23; Shares Rise 4%
Asia Orient Holdings (HKG:0214) expects to swing to a profit of not less than HK$400 million in the fiscal year ended March 31 from a loss of HK$906 million a year earlier, a Tuesday filing said. The
Huihan Holdings (00214) issued Yingxi's expected annual shareholders' profit of not less than HK$400 million to turn a loss into a profit
According to the Zhitong Finance App, Huihan Holdings (00214) announced that the group expects to earn no less than HK$400 million in profit attributable to shareholders for the year ending March 31, 2023, with a loss of HK$906 million compared to previous years. According to the announcement, the main reasons for the changes were that financial investments in the current year had realized and unrealized net income and losses in previous years; anticipated credit losses from financial asset investments were reduced; the profit accrued from real estate development joint ventures increased; the increase in revaluation income from investment properties; and a decrease in some profits due to a decline in interest income from financial investments.
ASIA ORIENT: Positive Profit Alert
Huihan Holdings (00214.HK) held a board meeting on June 30 to consider and approve annual results
Glonghui, June 19, 丨 Huihan Holdings (00214.HK) announced that the board of directors will be pleased to hold a board meeting on June 30, 2023 (Friday) on the 30th floor of YF Life Tower, 33 Lockhart Road, Wan Chai, Hong Kong, to approve (among others) the results of the company and its subsidiaries for the year ended March 31, 2023 and consider declaring a final dividend (if any).
ASIA ORIENT: Notification of Board Meeting
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