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China Southern Communications (01617.HK)'s total revenue in 2023 decreased by about 17.6% to 520 million yuan
Gelonghui, March 27 | Southern Communications (01617.HK) announced that for the year ended December 31, 2023, total revenue decreased by about 17.6% to approximately RMB 520 million. The total profit and comprehensive income due to the owners of the company during the year is approximately RMB 5.2 million (2022: total loss and comprehensive expenses of approximately RMB 8.1 million); the board of directors does not recommend payment of a final dividend for the year ended 31 December 2023 (2022: none). The Group's gross margin was approximately 13.5%, while the gross margin for the year ended December 31, 2022 was approximately 9.1%. despite
China Southern Communications (01617) announced annual results, profit attributable to shareholders of 5.198,000 yuan, which turned a year-on-year loss into a profit
According to the Zhitong Finance App, China Southern Communications (01617) announced the annual results for the year ended December 31, 2023. The group achieved revenue of 522 million yuan (RMB, same below) during the period, a year-on-year decrease of 17.59%; profit attributable to shareholders was 5.188 million yuan; loss attributable to shareholders during the same period last year was 8.103 million yuan, turning a loss from the previous year into a profit; basic profit per share was 0.003 yuan. The announcement said that during the period, the Group's gross profit increased by about 23.2% from about 57.4 million yuan in the same period in 2022 to about 70.7 million yuan. During the reporting period, the Group's gross margin was approximately 13.5%, as of 2022
NANFANG COMM: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Nanfang Communication to Return to Profit in 2023
Nanfang Communication Holdings (HKG:1617) expects a profit of around 4 million yuan to 6 million yuan for the year ended Dec. 31, 2023, against a loss of 8.1 million yuan for the previous year, accord
Southern Communications (01617.HK) Yingxi: Expected annual results to improve
Gelonghui, March 20 | China Southern Communications (01617.HK) announced that the Group expects to record net profit and comprehensive income of approximately RMB 4.0 million to RMB 6.0 million for the year ended December 31, 2023, compared with the net loss and comprehensive expenses recorded in the previous year of approximately RMB 8.1 million. The Board of Directors believes that the improvement in annual performance is mainly due to the following factors: 1. Lower raw material costs led to lower sales costs, which led to an increase in gross profit and gross margin; 2. Implementation of stricter cost control measures reduced administrative expenses; and 3. Increased income tax credits under Chinese law.
China Southern Communications (01617.HK) plans to hold a board meeting on March 27 to consider and approve the annual results
Gelonghui, March 13, 丨 Southern Communications (01617.HK) announced that the company will hold a board meeting on March 27, 2024 (Wednesday) to consider and approve the publication of the company's and its subsidiaries' annual results announcements for the year ended 31 December 2023, consider payment of a final dividend or other distribution proposals (if any), and deal with any other matters (if any).
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