IPE GROUP: 2023 Annual Report
International Precision (00929) announced annual results, with annual profit of HK$15.6 million, a year-on-year decrease of 43.6%
International Precision (00929) announced results for the year ended December 31, 2023. Revenue decreased 6.6 year on year...
International Precision (00929.HK): Profit attributable to equity shareholders decreased by 34.8% to HK$5.667 million in 2022
On March 22, GLONGHUI International Precision (00929.HK) announced that for the year ended December 31, 2023, revenue for the year ended 31 December 2023 decreased by 6.6% to HK$899 million; gross margin for the year was 24.8% (2022:28.5%); the company's equity shareholders should account for 34.8% of profit for the year to HK$5.667 million, with a basic profit of HK 0.54 cents per share.
IPE GROUP: (1) ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 (2) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION
International Precision (00929.HK) will hold a board meeting on March 22 to approve the annual results
On March 12, GLONGHUI International Precision (00929.HK) announced that the company will hold a board meeting on March 22, 2024. The agenda includes considering and approving the Group's comprehensive annual results announcement for the year ended December 31, 2023 and its publication, as well as the proposal to consider the payment of a final dividend (if any).
IPE Group Expects 45% Decline in 2023 Profit
IPE Group (HKG:0929) expects a 45% year-over-year drop in net profit in 2023 due to lower sales, among other factors, according to a Hong Kong bourse filing on Monday. The company also attributed the
International Precision (00929) issued a profit warning. It is expected that the annual net profit after tax will decrease by about 45% year on year
International Precision (00929) issued an announcement expecting the company's net profit after tax for the year ended December 31, 2023...
IPE Unit to Buy Stakes in Hydraulic Products Assembler, Components Supplier
IPE Group (HKG:0929) subsidiary Guangzhou Huitong Precision Hydraulic will buy a 75% stake in Yutai Hydraulic Technology (Shanghai) and a 22.5% stake in Wuhu Inno Hydraulic Technology for 201.4 millio
International Precision (00929.HK) subsidiary received 134 million yuan in term loan financing
Gelonghui, December 27, 丨 International Precision (00929.HK) announced that on December 26, 2023, Guangzhou Huitong Precision Hydraulic Co., Ltd. (as borrower), an indirect non-wholly-owned subsidiary of the company, signed two loan agreements with Nanyang Commercial Bank (China) Co., Ltd. Guangzhou Branch (as lender). Based on this, the lender has agreed to provide the borrower with term loan financing with a total principal amount of up to RMB 134 million.
IPE's Unit Buys Stake in Two Companies for 211.4 Million Yuan; Shares Up 5%
Guangzhou Huitong Precision Hydraulic, an indirect non-wholly owned subsidiary of IPE Group (HKG:0929), bought stakes in two companies for a total of 211.4 million yuan. The ultra-high precision metal
International Precision (00929.HK) subsidiary plans to acquire 75% of Yutai Hydraulic Technology (Shanghai) and 22.5% of Wuhu Yingnuo Hydraulic Technology
Gelonghui November 17丨International Precision (00929.HK) announced that on November 17, 2023, the buyer (an indirect non-wholly owned subsidiary of the company, as the buyer) entered into a sales agreement with Seller A, Seller B, Seller C and Seller D respectively. According to Agreement A, the buyer agreed to purchase 75% of the shares of target company A Yutai Hydraulic Technology (Shanghai) Co., Ltd. from Seller A, Seller B, and Seller C at a total cost of RMB 201,376,500. According to agreement B, the buyer agreed to purchase 22.5% of the target company B, Wuhu Yingnuo Hydraulic Technology Co., Ltd. from seller D, on behalf of seller D
Baoan, China (000009.SZ): The subsidiary's international precision business involves automotive parts
Gelonghui November 7 | China Baoan (000009.SZ) stated on the investor interactive platform that its subsidiary International Precision's business involves auto parts.
IPE GROUP: 2023 Interim report
IPE GROUP: INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
International Precision (00929) subsidiary and the installation project of the China Construction Fourth Bureau signed a contract for the plant construction project with a total price of 66.66 million yuan
International Precision (00929) issued an announcement. On August 22, 2023, Jiangsu Keda (the company is an indirect wholly-owned subsidiary...
International Precision (00929.HK) held a board meeting on August 25 to approve the publication of comprehensive interim results
GLONGHUI, August 15丨International Precision (00929.HK) announced that the company will hold a meeting of the company's board of directors on August 25, 2023 (Friday). The agenda includes approving the publication of the comprehensive interim results announcements of the company and its subsidiaries for the six months ended June 30, 2023, and considering the payment of interim dividends (if any).
IPE GROUP: DATE OF BOARD MEETING
International Precision (00929.HK) received an increase of 2.28 million common shares from China Baoan Group Co., Ltd., China Baoan Group Co., Ltd. with a value of about HK$1.993 million
It was reported on July 24 that according to documents disclosed by the Hong Kong Stock Exchange on July 24, China Baoan Group Co., Ltd. China Baoan Group Co., Ltd. increased its holdings of $International Precision (00929.HK) common stock by $2.28 million at an average price of HK$0.526 per share on July 10, worth about HK$1.193 million. After the increase in holdings, China Baoan Group Co., Ltd. China Baoan Group Co., Ltd. recently held 568 million shares, and the ratio of good positions increased from 53.75% to 53.
International Precision (00929.HK) received an increase of 2.28 million common stock shares from Baoan Technology Company Limited by Baoan Technology Co., Ltd. worth about HK$1.193 million
It was reported on July 24 that, according to documents disclosed by the Hong Kong Stock Exchange on July 24, Baoan Technology Company Limited increased its holdings of $International Precision (00929.HK) common stock by $2.28 million at an average price of HK$0.526 per share on July 10, worth about HK$1.993 million. After the increase in holdings, Baoan Technology Company Limited held the latest number of shares of Baoan Technology Co., Ltd. with 568 million shares, and the ratio of good positions increased from 53.75%
IPE Group's Post-Tax Profit to Drop 60% in H1
IPE Group (HKG:0929) expects its net profit after tax for the six months ended June 30 to drop 60% due to a decline in sales and a rise in borrowing costs and research and development costs. The preci
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