01215 KAI YUAN HLDGS
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KAI YUAN HLDGS News
Kai Yuan's Losses Shrink 17-Fold in 2023
Kai Yuan Holdings (HKG:1215) reported a loss of income attributable to the owners of HK$2.4 million for the year ended Dec. 31, 2023, compared with a loss of HK$41.1 million in the previous year, acco
開源控股：年報 2023
Open Source Holdings (01215) Announces 2023 Annual Results. Loss attributable to shareholders of HK$2.397 million narrowed 94.17% year over year
According to the Zhitong Finance App, Open Source Holdings (01215) announced the results for the year ended December 31, 2023. The group achieved revenue of HK$294 million during the period, an increase of 91.26% over the previous year; losses due to company owners were HK$2,397 million, a year-on-year narrowing of 94.17%; and the basic loss per share was 0.02 HK cents. The announcement said that during the year, the sharp increase in revenue was mainly due to increased revenue contributed by Paris Marriott Hotel, a subsidiary of the Hotel Management Division.
KAI YUAN HLDGS: ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Open Source Holdings (01215): Court grants an order approving the commencement of pre-restructuring procedures for pledged joint ventures
Zhitong Finance App News, Open Source Holdings (01215) issued an announcement regarding (among others) one of the company's associated companies pledging assets to the Group as collateral for the loan and applying for bankruptcy and restructuring of the pledge joint company. The Group learned that the People's Court of Leling City, Shandong Province has (i) issued an order approving the commencement of the pre-restructuring procedure of the pledged joint venture; and (ii) issued an order appointing the liquidation team of the pledged joint venture company as the temporary manager of the pre-restructuring. The company is currently seeking legal advice on appropriate legal action to protect the rights and interests of the company and its shareholders.
Open Source Holdings (01215.HK) plans to hold a board meeting on March 25 to approve annual results
Glonghui, March 11, 丨 Open Source Holdings (01215.HK) announced that the board meeting will be held on March 25, 2024 (Monday) on the 28th floor of Chinachem Century Plaza, 178 Gloucester Road, Wan Chai, Hong Kong, to (among others) approve the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider paying annual dividends (if any).
Kai Yuan to Shrink Loss in 2023
Kai Yuan Holdings (HKG:1215) expects an attributable loss of at least around HK$2 million for the year ended Dec. 31, 2023, down from HK$41.1 million during the year-ago period. The hotel operator att
Open Source Holdings (01215.HK) Profit Alert: Owners are expected to account for a loss of not less than HK$2 million in the year
Open Source Holdings (01215.HK) announced that the Group expects to record a loss attributable to company owners of not less than HK$2 million for the year ended 31 December 2023 (year ended 31 December 2022: approximately HK$41.1 million).
KAI YUAN HLDGS: PROFIT WARNING
Open Source Holdings (01215.HK): The pledge joint company has applied to the court for bankruptcy and restructuring
Gelonghui January 5 丨 Open Source Holdings (01215.HK) announced that the pledge joint venture has applied to the People's Court of Leling City, Shandong Province, China for bankruptcy and restructuring.
Kai Yuan Gives Zhonghua Gas Three-Week Extension to Pay HK$98 Million Bonds
Kai Yuan Holdings (HKG:1215) granted a three-week grace period to Zhonghua Gas Holdings (HKG:8246) after the latter failed to pay convertible bonds amounting to HK$97.8 million. The bonds, which have
Open Source Holdings (01215): China Gas (08246) defaulted on maturing repayment of convertible bonds
Open Source Holdings (01215) announced that Jingyi Co., Ltd., a wholly-owned subsidiary of the company, has subscribed to China Gas (08246)...
KAI YUAN HLDGS: INTERIM REPORT 2023
Chinese Court Dismisses Kai Yuan's Application for Pledge Enforcement on a 180 Million Yuan Loan
The People's Court of Leling City, Shandong, China dismissed Kai Yuan Holdings' (HKG:1215) application for an enforcement of a pledge against a 180 million yuan loan. The hotel operator, which is seek
KAI YUAN HLDGS: ANNOUCNEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
Open Source Holdings (01215.HK) plans to hold a board meeting on August 28 to approve interim results
Glonway, August 16丨Open Source Holdings (01215.HK) announced that the board meeting will be held on August 28, 2023 (Monday) on the 28th floor of Chinachem Century Plaza, 178 Gloucester Road, Wan Chai, Hong Kong, to (among others) approve the company and its subsidiaries's interim results for the six months ending June 30, 2023 and consider the payment of interim dividends (if any).
KAI YUAN HLDGS: NOTICE OF BOARD MEETING
Kai Yuan Holdings to Narrow H1 Loss
Kai Yuan Holdings (HKG:1215) expects an attributable loss of roughly HK$2 million for the six months ended June 30, down from HK$22.1 million in the year-ago period. The hotel operator cited the gross
Open Source Holdings (01215) Profit Alert expects a net loss of around HK$2 million in the medium term
According to the Zhitong Finance App, Open Source Holdings (01215) announced that the Group expects to obtain losses of about HK$2 million due to company owners in the six months ending June 30, 2023, while losses of about HK$22.1 million will be achieved in the first half of 2022. The sharp decrease in the expected loss in the medium term is mainly due to gross profit of about HK$30.8 million (mainly from Paris Marriott Hotel Champs-Élysées) of about HK$30.8 million (first half of 2022: gross loss of about HK$18.3 million), due to Paris Marriott H
KAI YUAN HLDGS: EXPECTED SIGNIFICANT DECREASE IN LOSS AND BUSINESS UPDATE
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