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Time Interconnect Technology Reports Lower FY22 Profit
03:25 AM EDT, 06/30/2022 (MT Newswires) -- Time Interconnect Technology's (HKG:1729) profit for fiscal year 2022 lowered from a year ago despite higher revenue, according to a Tuesday stock filing. Th
01729.HK has annual revenue of about HK $3.59 billion and net profit of 168 million yuan.
01729.HK announced that for the year ended March 31, 2022, the company's income was 3.5901 billion Hong Kong dollars, an increase of 19.4 percent over the same period last year, and its gross profit was 588.1 million Hong Kong dollars, an increase of 1.4 percent over the same period last year. The adjusted profit for the year was 168.3 million Hong Kong dollars, a decrease of 25.7 percent over the same period last year. The profit attributable to the company's owners was 168.2 million Hong Kong dollars, a decrease of 25.7 percent over the same period last year. Basic earnings per share is HK9.1 cents, with a proposed final dividend of HK1 cents per share. During the year, copper prices rose sharply, with the average copper price rising from US $6897 per tonne
Huiji Technology (01729) released its annual results, and the profit attributable to shareholders for the year was about HK $168 million, a decrease of 25.68% compared with the same period last year.
Zhitong Financial App News, Convergence Technology (01729) announced its annual results for the year ended March 31, 2022. The company achieved income of about HK $3.59 billion during the period, an increase of 19.4% over the same period last year. The profit attributable to the owners of the company for the year was about HK $168 million, a decrease of 25.68% over the same period last year. Basic profit per share is HK9.1 cents, and the final dividend is proposed to be paid at HK1 cents per share. The increase in earnings was mainly due to the gradual restart of major overseas markets, which led to the growth of the digital wire segment and the organic growth of the wire assembly segment, the announcement said.
Convergence Technology: as of March 31, 2022 Annual performance announcement for the year ended
Changes in Hong Kong stocks? before the performance of 1729.HK, it rose sharply in the afternoon and rose by more than 10%.
On June 28th, 1729.HK rose more than 10% in the afternoon to HK $1.54, with a total market capitalization of HK $3 billion. The company will release after-hours results for the year ended March 31, 2022 and consider paying a final dividend, if any. It is reported that the company has recently expanded its business to the server business, which can be deeply customized according to the needs of brand customers.
01729.HK held a board meeting on June 28th to approve its annual results.
01729.HK issued an announcement and the Board of Directors held a board meeting on Tuesday, June 28, 2022 to consider and approve, among other things, the annual results of the Group for the year ended March 31, 2022 and its announcement, and to consider the payment of a final dividend, if any.
Convergence Technology: notice of Board meeting
Changes in Hong Kong stocks | Convergence Technology (01729) drives up 8% of the company to announce its entry into the server market
Zhitong Financial APP learned that Huitong Technology (01729) rose towards the end of the day, rising 8.7 per cent at one point. Recently, the company decided to enter the server business, to launch rack-mounted computing servers, edge servers, intelligent network cards, GPU cards and other products. As of press time, Huiji Technology rose 8.00% to HK $1.62, with a turnover of HK $12 million. Recently, Huiji Technology (01729) officially announced its entry into the server business, and plans to launch rack-mounted computing servers, edge servers, AI intelligent servers, intelligent network cards, GPU cards and other products. The company emphasizes that the new business and the existing wire and cable business
Hong Kong stock market changes, Convergence Technology (1729.HK) hit a new high and doubled in nearly a month.
On May 12, Gelon Exchange (1729.HK) rose again by about 6%, doubling the increase in the past month, with a total market capitalization of HK $3.7 billion. The company announced last night that the group has expanded its business to the server business, which can be deeply customized according to the needs of brand customers. The company will enter the market with the business model of JDM ╱ ODM. The Board believes that the development of new business is a good opportunity for the Group to further develop its business and will help to diversify the Group's business and sources of income.
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