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2021 interim report
Precious Dragon Technology's Net Profit, Revenue Slip in H1
03:10 AM EDT, 08/24/2021 (MT Newswires) -- Aerosol products manufacturer Precious Dragon Technology Holding(HKG:1861) reported a sharp decline in its consolidated attributable net profit to HK$7.1 mi
Pollon Technology (01861.HK) reported interim results for the six months ended June, with revenue of 287 million yuan, down 16.6 percent year-on-year. It recorded a net profit of 7.09 million yuan, a retrogression of 76.3%, or 3 cents per share. The interim interest rate is 0.36 cents, compared with 2 cents in the same period last year.
01861.HK announced that for the six months ended June 30, 2021, the company's income was HK $287 million, down 16.6% from the same period last year; the profit attributable to the company's owners was HK $7.09 million, down 76% from the same period last year; and earnings per share were HK3.0 cents. For the six months ended 30 June 2021, the Group recorded income of approximately HK $77 million from overseas customers (for the six months ended 30 June 2020: approximately HK $135 million). The sharp decline in overseas sales is mainly due to the influence of the following: (I) 2019 new coronary disease
保宝龙科技(01861)中期股东应占溢利同比减少约 76.3%至708.9万港元 每股派0.36港仙
Zhitong Financial App News, Baolong Technology (01861) announced interim results for 2021, with revenue of about HK $287 million, down about 16.6% from the same period last year. The profit attributable to the owners of the parent company was HK $7.089 million, down about 76.3 per cent from a year earlier. Earnings per share are HK3 cents, with an interim dividend of HK0.36 cents per share. The announcement said that the sharp reduction in net profit attributable to company owners was mainly due to, among other things, the continuing COVID-19 epidemic and the global economic slowdown, which led to a decrease in overseas sales; a sharp rise in the price of raw materials, including tinplate containers, solvents and gases; and the new coronary disease.
Interim results announcement for the six months ended 30 June 2021
Notice of board meeting
[01861.HK expects medium-term net profit to be reduced by no less than 60 per cent year-on-year] Zhitong Financial App News, 01861.HK issued an announcement that the group expects net profit attributable to shareholders to fall significantly by no less than 60 per cent in the six months to June 30, compared with about HK $29.9 million in the same period last year.
Original title: "earnings alarm sounded" 01861.HK expects first-half net profit to fall by more than 60 per cent year-on-year Source: AAFN expects net profit to fall by no less than 60 per cent in the six months to June 30, 2021, compared with net profit attributable to shareholders of about 29.9 million yuan for the six months ended June 30, 2020. The expected decrease in net profit is mainly due to a decrease in overseas sales due to the protracted COVID-19 epidemic and the global economic slowdown; a sharp rise in raw material prices; and a surge in shipping costs due to longer berthing time of cargo ships during the epidemic. (ha/