01472 SANG HING HLDGS
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SANG HING HLDGS News
SANG HING HLDGS: INTERIM REPORT 2023
Sang Hing Incurs Loss in Fiscal H1
Sang Hing Holdings (International) (HKG:1472) incurred a loss attributable to owners of HK$6.9 million, or HK$0.0069 per share, for the fiscal first half, reversing the attributable profit of HK$2.4 m
SANG HING HLDGS: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Shengxing Holdings (01472) issued a profit warning that the net loss in the medium term was not less than HK$6.5 million year-on-year profit to loss
Shengxing Holdings (01472) announced that it is expected that the Group will lose money in the 6 months ending September 30, 2023...
UBS: The Hang Seng Index target rises to 20,600 points next year, optimistic about infrastructure and Macau gaming stocks
Chen Zhili said that the target for next year's MSCI Hong Kong Index is 9500 points, and the Hang Seng Index is set at 20,600 points. Next year, he is optimistic about infrastructure and Macau gaming stocks. It is expected that the latter will benefit from the recovery in tourism.
Shengxing Holdings (01472.HK) will hold a board meeting on November 28 to approve the interim results
Gelonghui November 15 | Shengxing Holdings (01472.HK) announced that the company will hold a board meeting on November 28, 2023 to consider and approve the comprehensive interim results of the company and its subsidiaries for the six months ended September 30, 2023 and their release, and consider announcing interim dividends (if any).
Express News | CITIC Securities: At the right time for fiscal strength, infrastructure demand ushered in an upward inflection point
Institutions: Finance has become active, and infrastructure is expected to accelerate
From the perspective of long-term debt resolution and central and local debt, it is necessary for the central government to take the initiative to assume certain responsibilities for increasing leverage. This year's mid-year adjustments have broadened the space for subsequent fiscal policy formulation and freed up ideas.
Shengxing Holdings (01472.HK): Zhang Weiguo resigns as independent non-executive director
Glonghui, August 31, 丨 Shengxing Holdings (01472.HK) announced that since Zhang Weiguo wants to spend more time on other personal matters and work arrangements, Zhang Weiguo has submitted his resignation as an independent non-executive director, effective September 1, 2023.
SANG HING HLDGS: ANNUAL REPORT 2023
Sang Hing Holdings Turns to Loss in Fiscal 2023
Sang Hing Holdings International (HKG:01472) has reported a loss for the financial year ended March 2023. The civil engineering contractor said its revenue for the reporting period is approximately HK
Shengxing Holdings (01,472) announced annual results with a net loss of HK$8.397 million
According to the Zhitong Finance App, Shengxing Holdings (01472) reported results for the year ended March 31, 2023, with earnings of HK$324 million, down 24.2% from the previous year; net loss of HK$8.397 million, profit of HK$11.975 million for the same period last year; and a basic loss of HK$0.84 cents per share. The decrease in earnings for the year ended March 31, 2023 compared to the previous year was mainly due to reduced earnings from projects W56 and W57 (these two projects were roughly completed in the second half of the fiscal year ended March 31, 2023) and projects W49 and W52 (these two projects ended 2
The annual revenue of Shengxing Holdings (01472.HK) was about HK$324 million, down 24.2% year-on-year
GLONGHUI June 28丨Shengxing Holdings (01472.HK) announced that for the year ended March 31, 2023, the company's revenue was approximately HK$324 million, a decrease of 24.2% from the previous year. Shareholders' losses were approximately HK$8.4 million, compared to a profit of about HK$12 million in the previous year, showing an annual loss trend, mainly because (i) the construction progress of the two projects (projects W56 and W57) was roughly completed in the second half of fiscal year 2023, and two projects (projects W49 and W52) were completed/roughly completed in fiscal year 2022, so there are civil engineering earnings
SANG HING HLDGS: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2023
Shengxing Holdings (01472) issued an estimated net loss of about HK$9 million for the year, a year-on-year profit to loss
According to the Zhitong Finance App, Shengxing Holdings (01472) announced that the net loss of the Group for the year ending March 31, 2023 is expected to be approximately HK$9 million, while the net profit obtained for the year ending March 31, 2022 is about HK$12 million. The loss in FY2023 was mainly due to: civil engineering revenue decreased by approximately 24% since the construction schedule for the two projects was roughly completed in the second half of FY2023 and the two projects were completed/roughly completed in FY2022; and fuel costs, raw material costs, direct wages and subcontracting due to labor and supply shortages
SANG HING HLDGS: PROFIT WARNING
Shengxing Holdings (01472.HK) held a board meeting on June 28 to consider and approve annual results
Glonghui, June 14, 丨 Shengxing Holdings (01472.HK) announced that the company will hold a board meeting on June 28, 2023 (Wednesday) to (among others) consider and approve the company and its subsidiaries' annual results and releases for the year ending March 31, 2023, and to consider recommending a final dividend (if any).
SANG HING HLDGS: NOTICE OF BOARD MEETING
Shengxing Holdings (01472): Choi Ho-yan appointed as an independent non-executive director
According to the Zhitong Finance App, Shengxing Holdings (01472) announced that since Mr. Zhang Senquan wants to spend more time on other personal affairs and work arrangements, Mr. Zhang has proposed to resign as an independent non-executive director and will no longer serve as the Chairman of the Board's Audit Committee, as well as the respective members of the Board's Remuneration Committee and the Board's Sustainable Development Committee, effective April 30, 2023. As of April 30, 2023, Mr. Choi Ho-yan has been appointed as an independent non-executive director; Chairman of the Audit Committee; and members of the Remuneration Committee and the Sustainability Committee respectively.
Express News | Bank of China Securities: There is still strong certainty about infrastructure investment during the year
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