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.
Shun Wo to Double April-September Profit
Shun Wo Group Holdings (HKG:1591) expects a net profit of between HK$31.5 million and HK$34.5 million for the six months ended Sept. 30, up from HK$16.3 million during the year-ago period. The anticip
SHUN WO GROUP: Annual Report 2023
Shun Wo Group Swings to Profit in Fiscal Year 2023
Shun Wo Group Holdings (HKG:1591) swung to an attributable profit of HK18.9 million, or HK$0.0047 per share, in the fiscal year ended March 31, from a loss of HK$4.5 million, or HK$0.0011 per share, a
Xunhe Group (01591) released annual results. Shareholders' profit of HK$18.932 million turned a year-on-year loss into a profit
According to the Zhitong Finance App, Xunhe Group (01591) announced the results for the year ended March 31, 2023. The group achieved revenue of HK$313 million, an increase of 29.14% over the previous year; the company owners should have a profit of HK$18.932 million, a loss of HK$4.495 million in the same period last year; profit of HK$0.47 cents per share. The announcement stated that the increase in revenue was mainly due to the Group undertaking a number of large-scale construction projects awarded in 2021 and 2022 during the review year.
Xunhe Group (01591.HK) turned an annual loss into a profit of HK$18.932 million
On June 29, GLONGHE GROUP (01591.HK) announced that for the year ending March 31, 2023, the company's revenue was HK$313 million, up 29.14% year on year; the company's shareholders' profit during the period was HK$18.932 million, while the loss for the same period last year was HK$4.495 million; the basic profit per share was HK$0.47 cents.
SHUN WO GROUP: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2023
Shun Wo Group to Swing to FY23 Profit
Shun Wo Group Holding (HKG:1591) expects a net profit of between HK$16 million and HK$20 million for the year ended March 31, as compared to a net loss of HK$4.5 million last year, a Tuesday filing sa
Xunhe Group (01591.HK) Yingxi: Expected annual loss to a profit of about HK$16 million to HK$20 million
Gelonghui, June 20, 丨 Xunhe Group (01591.HK) announced that the company expects to record a net profit of about HK$16 million to HK$20 million for the year ending March 31, 2023, while the Group recorded a net loss of about HK$4.5 million for the year ending March 31, 2022. The expected change from loss to profit is mainly due to (i) the increase in earnings from the Group's core business in the foundational industry; (ii) the receipt of government subsidies through employment insurance schemes; and (iii) the reversal of impairment losses on financial assets and contract assets relating to financial assets and contract assets due to the recovery of a number of long-standing outstanding trade receivables that have been depreciated in previous financial years
SHUN WO GROUP: POSITIVE PROFIT ALERT
Xunhe Group (01591.HK) will hold a board meeting on June 29 to approve the annual results
Gelonghui, June 14, 丨Xunhe Group (01591.HK) announced that the board meeting will be held on June 29, 2023 to consider and approve the company and its subsidiaries' annual results and releases for the year ending March 31, 2023, and to consider the proposed payment of a final dividend (if any).
SHUN WO GROUP: DATE OF BOARD MEETING
Xunhe Group: Interim Report 2022
Shun Wo Group's April-September Profit Surges on Impairment Reversals
04:33 AM EST, 11/30/2022 (MT Newswires) -- Shun Wo Group Holding's (HKG:1591) profit surged to HK$16.3 million ($2.1 million), or HK$0.00406 per share, for the six months through Sept. 30 from HK$1.3
The medium-term net profit of Xunhe Group (01591.HK) surged 118.5.30% to HK$16.259 million
Gelonghui, November 29, 丨 Xunhe Group (01591.HK) announced that for the six months ending September 30, 2022, the company's revenue was HK$128 million, up 11.97% year on year; profit attributable to the company's shareholders during the period was HK$16.259 million, an increase of 1185.30% over the previous year; and the basic profit per share was HK0.406 cents. The increase in net profit was mainly due to the collection of government subsidies of about HK$1.2 million through the “Employment Insurance Scheme”; and the net recovery of impairment losses relating to financial assets and contract assets due to the recovery of some long-outstanding trade receivables that have been depreciated in previous financial years1
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