CWT INT'L (00521.HK) signed a cooperation intention agreement with Yangpu Investment
Gelonghui, April 22, 丨 CWT INT'L (00521.HK) announced that on April 12, 2024, the company signed a cooperation intention agreement with an independent third party, Hainan Yangpu Holdings Investment Co., Ltd. (Yangpu Investment) to introduce resources such as collection and cold chain storage in the food industry; (ii) commodity warehouse pledge pilot feasibility study; (iii) dangerous goods warehouse project cooperation; and (iv) Danzhou Yangpu Wharf port supporting logistics project cooperation. Yangpu Investment is a wholly-owned subsidiary of Hainan Yangpu Development and Construction Holdings Co., Ltd., which is Yang
CWT INT'L: Annual Report 2023
CWT INT'L (00521.HK) business operations continued to be suspended as usual
Gelonghui, April 2 | CWT INT'L (00521.HK) announced that the company is a Hong Kong investment holding company mainly engaged in integrated logistics services and related engineering services. The company is also engaged in the subsidiary business of commodity trading and financial services. On the date of the announcement, although stock trading was suspended, the Group's business operations were carried out as usual in all major aspects. Once the resumption guidelines and additional resumption guidelines are fully agreed, the company will apply for the resumption of share trading as soon as possible. Stock trading continues to be suspended.
CWT INT'L (00521) Announces Annual Results, Achieving Revenue of HK$37.226 billion
According to the Zhitong Finance App, CWT INT'L (00521) announced results for the year ended December 31, 2023. The group obtained revenue of HK$37.226 billion, a decrease of 3.78% year on year; profit attributable to company owners was HK$39.93 million, a decrease of 74.48% year on year; profit per share was 0.34 HK cents. The Group reported net profit of HK$21.471 million (re-listed in 2022: net loss of HK$116.6 million) and net profit from continuing operations of HK$577.23 million (re-listed in 2022:3.
CWT INT'L: FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 AND CONTINUED SUSPENSION OF TRADING
CWT INT'L: DATE OF BOARD MEETING AND CONTINUED SUSPENSION OF TRADING OF SHARES
Cwt International Expects a HK$70 Million Profit for Full Year 2023
Cwt International (HKG:0521) expects at least HK$70 million in profit after taxation for the year ended Dec. 31, 2023, an approximately 73% decline from profits from the previous year, according to a
CWT INT'L (00521.HK) Profit Warning: Annual profit after tax is expected to drop by about 73%
On March 6, CWT INT'L (00521.HK) announced that the company expects to record profit after tax of no less than HK$70 million for the year ending December 31, 2023, a decrease of about 73% compared to the previous year's profit of HK$255 million after tax. The expected decline in profit after tax is mainly due to a combination of the following reasons: (1) The decline in profit after tax in the logistics services segment is mainly due to the decline in profit in the freight logistics business, and the market price is due to weak purchasing power, generally weak demand, rising labor costs and serious competition in the European market
CWT INT'L: PROFIT WARNING FOR THE YEAR ENDED 31 DECEMBER 2023 AND CONTINUED SUSPENSION OF TRADING
The battery material metal has fallen by more than 60% Goldman Sachs expects that the current price has not bottomed out
Financial Services Association, March 5 (Editor: Zhao Hao) Goldman Sachs Group, the top international investment bank, believes that it is still too early to assert that “the sharp decline in the price of battery metal raw materials is over,” and warns that huge supply and headwinds in the Western electric vehicle industry will keep their prices low for a longer period of time.
CWT's Singapore Arm to Hike Stake in Spanish Unit
CWT International's (HKG:0521) indirect, wholly-owned Singaporean unit CWT Globelink will acquire an additional 30% of Globelink Uniexco for 4.8 million euros. The target, incorporated in Spain, provi
CWT INT'L (00521) subsidiary plans to acquire 30% of Globelink Uniexco, S.L., for 4.8 million euros
CWT INT'L (00521) issued an announcement on January 8, 2024 (after trading session...
CWT INT'L (00521.HK): Continued suspension of trading as usual in all major aspects of business operations
Gelonghui, January 4 | CWT INT'L (00521.HK) announced that the company is a Hong Kong investment holding company mainly engaged in integrated logistics services and related engineering services. The company is also engaged in the subsidiary business of commodity trading and financial services. On the date of the announcement, although stock trading was suspended, the Group's business operations were carried out as usual in all major aspects. The company is formulating a plan for resuming trading and has taken appropriate steps to comply with the resumption guidelines, additional resumption guidelines and listing rules to ensure the resumption of stock trading. Once the resumption guidelines and additional resumption guidelines are fully agreed, the company will apply for the resumption of share trading as soon as possible. Keep it short
The supply of tungsten ore is becoming tight, production capacity is concentrated, and the “replacement” process of hard alloy tools is expected to accelerate|Year-end inventory
Financial News Agency, December 23 (Reporter Liang Xiangcai) The price of tungsten has finally taken a small step. The increasingly tight mine end has broken through the 122,000 yuan/ton mark that had not been conquered for a long time.
CWT INT'L (00521.HK): Liu Yifei has been appointed as an independent non-executive director
Gelonghui November 20丨CWT INT'L (00521.HK) announced that Liu Yifei has been appointed as an independent non-executive director, effective November 20, 2023.
CWT INT'L (00521): Liu Yifei has been appointed as an independent non-executive director
CWT INT'L (00521) announced that Liu Yifei has been appointed as an independent non-executive director,...
CWT INT'L (00521.HK) Proposes Appointment of TianZhi International as New Auditor
Glonghui November 7 | CWT INT'L (00521.HK) announced that the company has received a letter from KPMG stating that after its current term expires, it will step down at the company's recent annual general meeting of shareholders and will not seek renewal of the company's auditors. According to the recommendations of the Audit Committee, the board of directors has decided (1) that since the proposal review team of Tianzhi International Accounting Firm Limited has fully proved to the Audit Committee and the Board of Directors that it has the required qualifications, ability and objectivity, and can effectively and efficiently carry out the year ended December 31, 2023 at a reasonable fee level
CWT International's Subsidiary Buys 32.88% of Globelink Fallow for 3.9 Million Pounds
CWT International's (HKG:0521) Singapore-based subsidiary, CWT Globelink, agreed to acquire 32.88% of the company's UK unit, Globelink Fallow, from an independent third-party investor for 3.9 million
CWT INT'L (00521.HK) plans to acquire about 32.88% of Globelink Fallow's shares for £3.854 million
Glonghui announced on November 1 | CWT INT'L (00521.HK) announced that on November 1, 2023, CWT Globelink, an indirect subsidiary of the company, entered into a sales agreement with the seller. According to this, CWT Belink agreed to acquire, and the seller agreed to sell 2,137 shares of the target company Globelink Fallow Limited (accounting for about 32.88% of the total issued shares of the target company), at a total cost of £3.854 million. Once completed, the target company will be CWT Globelin
CWT International, Toll Buy Out 51% of UAE Logistics JV
CWT International (HKG:0521) subsidiary CWT and Toll (SCL) agreed to acquire Albwardy Investment's 51% shareholding in the United Arab Emirates warehouse joint venture CWT-SML Logistics. The logistics
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