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Yefeng Group (01695.HK) lost MYR 1.8 million after tax in 2023
Gelonghui, March 27 | Yefeng Group (01695.HK) announced that the Group confirmed revenue of approximately MYR 85.22 million for the 2023 fiscal year, a decrease of about 7.00% or MYR 6.41 million from approximately MYR 91.62 million in FY2022. The decline in earnings was mainly due to lower sales of coconut milk powder and coconut milk. In fiscal year 2023, the Group recorded a loss of MYR 1.80 million after tax, while in fiscal year 2022 it recorded a loss of MYR 0.89 million after tax, mainly due to operating expenses and impairment losses
Yefeng Group (01695) announced annual results. Shareholders' share loss of RM1,801 million increased by 102.61% year-on-year
Yefeng Group (01695) announced its annual results for the year ended December 31, 2023. The group achieved...
S&P INTL HLDG: ANNOUNCEMENT OF THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
S&P International Flags Wider Loss in 2023
S&P International (HKG:1695) expects an after-tax loss of up to 2.5 million Malaysian ringgit for 2023, up from 890,000 ringgit in 2022, a filing posted on the Hong Kong bourse on Friday said. The man
Yefeng Group (01695.HK) Profit Alert: Expected to lose no more than MYR 2.5 million after tax in 2023
On March 8, Gelonghui Group (01695.HK) announced that compared with a loss of approximately MYR 0.89 million after tax in the previous year, the Group expects to record a loss of no more than MYR 2.50 million after tax in the 2023 fiscal year. The main reasons for which losses after tax are expected to be recorded are as follows: earnings decreased by approximately MYR 6.40 million due to global market conditions; conversion losses for US dollar term loans increased by approximately MYR 1.30 million due to the appreciation of the US dollar against MYR during the year; and net financial costs increased by about 800,00 due to rising interest rates on US dollar loans
SDIC Securities: The food and beverage industry is resilient and clearly actively recommends companies with changing competitiveness during the off-peak season
China Investment Securities believes that sector valuations are still at the bottom, excellent companies can still have excess profits, and continue to recommend the sector.
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