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SHUN WO GROUP: Interim Report 2023
Shun Wo Group Doubles Fiscal H1 Profit
Shun Wo Group Holdings (HKG:1591) reported a net profit of HK$32.9 million for the six months through September, compared with HK$16.3 million in the year-ago period. Earnings per share stood at HK$0.
The mid-term earnings of Xunhe Group (01591.HK) increased by about 83.0% year on year to approximately HK$235 million
Gelonghui November 23丨Xunhe Group (01591.HK) announced that in its interim results for the six months ended September 30, 2023, the Group's revenue increased by about 83.0% over the same period in 2022 to about HK$235 million. The sharp increase is mainly due to the fact that a number of large-scale foundation projects undertaken by the Group during the period are nearing completion. The Group recorded net profit of approximately HK$32.9 million, compared with approximately HK$16.3 million for the same period in 2022. Earnings per share attributable to the owners of the company were HK0.823 cents. During the period, the pace of economic recovery was slower than initially anticipated, and competition in the foundation industry was fierce. The Group relies on unremitting resilience and flexibility
Xunhe Group (01591) announced interim results, profit attributable to shareholders of HK$32.93 million, up 102.53% year-on-year
According to the Zhitong Finance App, Xunhe Group (01591) announced its results for the six months ended September 30, 2023. The group obtained revenue of HK$235 million, an increase of 82.98% over the previous year; the company owners should account for a profit of HK$32.93 million during the period, an increase of 102.53%; and basic profit per share of HK$0.823 cents.
SHUN WO GROUP: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Changes in Hong Kong stocks | Xunhe Group (01591) rose more than 21% and expects a net profit of not less than HK$31.5 million in the medium term
Xunhe Group (01591) rose more than 21%. As of press release, it was up 21.05% to HK$0.023, with a turnover of HK$1,090,800.
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