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What Kingbo Strike Limited's (HKG:1421) 32% Share Price Gain Is Not Telling You
Those holding Kingbo Strike Limited (HKG:1421) shares would be relieved that the share price has rebounded 32% in the last thirty days, but it needs to keep going to repair the recent damage it has caused to investor portfolios.
Gongai Co., Ltd. (01421.HK) plans to raise approximately HK$16.7 million through a share offering based on the “2 for 1” basis
On March 22, Ge Longhui Co., Ltd. (01421.HK) issued an announcement. The company proposes to supply shares according to the basis that 1 share is issued for every 2 existing shares held by eligible shareholders on the record date, issue 41.7084 million shares at the subscription price of HK$0.4 per share, and raise approximately HK$16.7 million (before deducting expenses).
KINGBO STRIKE: Interim Report 2023/2024
Kingbo Strike's Fiscal H1 Loss Widens as Revenue Declines
Kingbo Strike's (HKG:1421) attributable loss widened to HK$27.7 million, or HK$0.331 per share, in the half year ended Dec. 31, 2023, from HK$9.6 million, or HK$0.139 per share, in the previous year.
Gongai Co., Ltd. (01421) announced interim results. The loss attributable to shareholders of HK$27.654 million increased by 187.08% year-on-year
According to the Zhitong Finance App, Gongai Limited (01421) announced results for the six months ended December 31, 2023. The group achieved revenue of HK$63.118 million, a year-on-year decrease of 2.07%; losses attributable to the owners of the company were HK$27.654 million, an increase of 187.08% over the previous year; and a loss of HK$33.1 per share. According to the announcement, the increase in loss was mainly due to poor performance in the distribution systems segment to a loss of about HK$11.6 million (6 months ended 31 December 2022: profit of HK$12 million); the performance of the solar power business segment improved to profit of about HK$1.1 million and compared to
KINGBO STRIKE: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
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