Everbright Securities: Continued to be optimistic about Budweiser Asia Pacific (01871)'s competitive advantage in the high-end and ultra-high-end sectors to maintain an “gain” rating
Everbright Securities's net profit forecast for Budweiser Asia Pacific 2024-2026 is US$10.4/11.76/US$1,317 million, respectively.
向中國際:2023年報
Xiang Zhong International (01871.HK) annual net loss of 8.4 million yuan
On March 27, GLONGHUI announced to China International (01871.HK) that for the year ended December 31, 2023, the Group's overall financial performance improved slightly compared to the year ended December 31, 2022. Total revenue decreased by approximately 16.4% to RMB 39.9 million. Gross profit decreased by about 24.3% to RMB 8.6 million. This reduction was partially offset by a reduction in sales and marketing expenses and administrative expenses for the year ended 31 December 2023 compared to the year ended 31 December 2022. Net loss attributable to company owners decreased slightly to approximately RMB 840
Annual results announced to China International (01871), shareholders' share loss of 8.443 million yuan narrowed 2.58% year over year
The annual results for the year ended December 31, 2023 were announced to China International (01871). The Group's revenue was RMB 39...
CHINA ORIENTED: ANNOUNCEMENT ON THE ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Issuance of 35.9582 million new shares to China International (01871.HK) according to the “2 for 1” benchmark
On March 21, GLONGHUI issued an announcement to China International (01871.HK) to allocate and issue 35.9582 million new shares on March 20, 2024 on the basis of receiving one share for each of the two issued shares held, at a stock offering of HK$0.20 per share.
Xiang Zhong International (01871): 3.94 million unsubscribed shares have been successfully placed to an independent undertaker
An announcement was issued to China International (01871). Since all the conditions contained in the placement agreement have been met separately, and the placement agreement is...
China International (01871.HK) expects annual net loss of about 7 million to 8.5 million yuan
On March 15, GLONGHUI announced to China International (01871.HK) that compared with a net loss of approximately RMB 8.7 million for the year ended December 31, 2022, the Group expects to record a net loss of approximately RMB 7.0 million to approximately RMB 8.5 million for the year ended December 31, 2023. The Board of Directors believes that the main reasons for this reduction in losses are as follows: (I) The Group's revenue from the driving training service business for large vehicles and small vehicles has declined. The reason is that market conditions in the logistics industry continue to deteriorate due to continued tension in trade relations between China and the US, leading to demand for driving courses
CHINA ORIENTED: PROFIT ALERT - REDUCTION IN LOSS
China International (01871.HK) plans to hold a board meeting on March 27 to approve the annual results
Glonghui, March 11, announced to China International (01871.HK) that the board of directors meeting will be held on March 27, 2024 (Wednesday) to review and approve (if deemed appropriate) the annual results of the company and its subsidiaries for publication for the financial year ended 31 December 2023; decide whether to declare, recommend or pay any dividends (if any); and handle other business.
The stock offering to China International (01871.HK) was subscribed to approximately 16.01%
On March 7, GLONGHUI issued an announcement to China International (01871.HK). At 4:00 p.m. on March 5, 2024, the company had received a total of three valid applications involving a total of 32.02 million shares to be offered (equivalent to about 16.01% of the shares offered). The remaining 168 million unsubscribed shares (equivalent to approximately 83.99% of the shares offered) will be subject to compensation arrangements. According to section 7.21 (1) (b) of the listing rules, the company has made arrangements to sell unsubscribed shares by submitting an offer to an independent undertaker to sell unsubscribed shares, so that an offer is made as a result of the share offering
China International (01871) has received 3 valid applications involving approximately 32.082 million shares to be offered
An announcement was issued to China International (01871). The total number of shares offered for sale according to the stock offering proposal is up to 200 million shares (shares offered...
China Oriented Plans Rights Issue To Repay Debt
China Oriented International Holdings proposed a one-for-two rights issue to raise HK$38.2 million to repay debt. The provider of driver training services has mandated Fortune Origin Securities to sel
Proposes a “2 to 1” share offering to China International (01871.HK)
On January 16, GLONGHUI announced to China International (01871.HK) that the board of directors proposed that after certain conditions are met, a “2 for 1” share will be offered. The subscription price is HK$0.2 per share. The total amount of proceeds raised is about HK$40.0 million (before deducting expenses) by issuing up to 200 million shares of the shares offered. The net proceeds from the stock offering are estimated at approximately HK$38.2 million to be used to repay the Group's liabilities.
CHINA ORIENTED: Interim Report 2023
The interim results were announced to China International (01871), with a net loss of 3.252,000 yuan
The results for the six months ended June 30, 2023 were announced to China International (01871), with revenue of 234.25 million...
CHINA ORIENTED: ANNOUNCEMENT ON THE INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
China Oriented International to Swing to Loss in H1
China Oriented International (HKG:1871) expects a net loss of between 3 million yuan and 3.4 million yuan for the six months ended June 30, as compared to a net profit of 59,000 yuan during the year-a
CHINA ORIENTED: PROFIT WARNING
China International (01871.HK) held a board meeting on August 28 to review and approve interim results
GLONGHUI, August 14丨To China International (01871.HK) announced that the board meeting will be held on August 28, 2023 (Monday) to review and approve (if deemed appropriate) the company and its subsidiaries for publication; decide whether to publicize, suggest or pay any interim dividends; and handle other business.
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