Nanxuan Holdings (01982.HK) entered into a joint venture with Hebei Yuteng to produce cashmere yarn in Vietnam
Gelonghui, April 26, 丨 Nanxuan Holdings (01982.HK) announced that on April 26, 2024, Nanguan (an indirect wholly-owned subsidiary of the company) signed a joint venture agreement with Hebei Yuteng. The details (including) manage the joint venture to produce cashmere yarn in Vietnam. According to the joint venture agreement, Nanguan and Hebei Yuteng must inject capital of 4.4 million US dollars and 3.6 million US dollars into the joint venture company on or before April 25, 2027 according to their respective shareholding ratios in the joint venture company, accounting for 55% and 45% of the joint venture's issued share capital, respectively. A joint venture company is an investment holding company that has not existed since its registration and establishment
Nanxuan Holdings (01982.HK) entered into a lease agreement
Gelonghui, March 25, 丨 Nanxuan Holdings (01982.HK) issued an announcement. On March 25, 2024, these tenants (a wholly-owned subsidiary of the company) entered into a lease agreement with Hanyi Investment. The details relate that these tenants will invest and lease such properties from Hanyi for a period of three years from April 1, 2024 to March 31, 2027. These properties refer to units A-C on the 21st floor of Block 1, Taiping Industrial Centre, 57 Ting Kok Road, Tai Po, New Territories, Hong Kong, along with parking spaces No. 17 on the ground floor and parking spaces No. 11-14 on the 1st floor.
Nanxuan Holdings (01982) subsidiary and Hebei Yuteng signed a 2024 raw material procurement agreement
Zhitong Finance App News, Nanxuan Holdings (01982) issued an announcement. On March 25, 2024, Hebei Yuteng signed a 2024 raw material purchase agreement with these buyers (all subsidiaries of the company) to purchase cashmere and other raw materials from Hebei Yuteng for a period of one year from April 1, 2024 to March 31, 2025. These buyers include Nanguan Technology, Huizhou Nanxuan, Huizhou Nanguan, and Meixian International. The fiscal year ended March 31, 2025. The year these buyers purchased cashmere and other raw materials from Hebei Yuteng in accordance with the 2024 Raw Material Purchase Agreement
Nanxuan Holdings (01982.HK) plans to buy a fully automatic knitting machine for 2,232,000 US dollars
Gelonghui, Feb. 28, 丨 Nanxuan Holdings (01982.HK) announced that the buyer Huizhou Nanxuan Knitting Factory Co., Ltd. (an indirect wholly-owned subsidiary of the company) and seller Dao Seiki (Hong Kong) Co., Ltd. signed a machine purchase agreement on February 28, 2024. Based on this, the buyer agreed to purchase a fully automatic knitting machine at a total cost of US$2,232 million.
南旋控股:2024年中期報告
Southern Xuan Holdings (01982.HK) was granted loan financing of up to HK$300 million
On December 12, Gelonghui Holdings (01982.HK) announced that on December 12, 2023, the company (as a borrower) and a bank (as a lender) entered into a financing letter for two three-year loan financing with a total amount of up to HK$300 million.
Southern Xuan Holdings (01982.HK): The core knitting business is mixed
In the first half of the 2023/24 fiscal year, Southern Xuan Holdings (01982.HK) achieved total revenue of HK$2.73 billion, a year-on-year decrease of 12.0%. The adjusted net profit decreased 15.7% from the same period last year to HK$290,000 million, according to economic conditions
Nameson Holdings Boosts Fiscal H1 Dividend as Profit Rises; Shares Surge 17%
Nameson Holdings' (HKG:1982) attributable profit increased 24.2% to HK$289.1 million, or HK$0.127 per share, in the fiscal first half, from HK$232.8 million, or HK$0.102 per share, in the year-ago per
NAMESON HLDGS To Go Ex-Dividend On December 6th, 2023 With 0.095 HKD Dividend Per Share
November 25th - $NAMESON HLDGS(01982.HK)$ is trading ex-dividend on December 6th, 2023. Shareholders of record on December 7th, 2023 will receive 0.095 HKD dividend per share on December 20th, 202
Southern Xuan Holdings (01982.HK)'s net profit for the first half of the year increased 19.8% to HK$306 million
On November 24, Gelonghui Holdings (01982.HK) announced that in the first half of fiscal year 2024, the company's total revenue fell 12.0% to HK$2,726.4 million. As the Group continues to work tirelessly to control costs, gross profit fell 3.6%, less than the decline in earnings. Gross margin increased from 16.7% in the same period last year to 18.3% in the first half of fiscal year 2024. The Group's net profit increased by 19.8% to HK$305.6 million. In order to more fully reflect the Group's core operating performance, if impairment losses recorded in the six months ended September 30, 2022 are deducted, the Group's end
Southern Express Holdings (01982) will pay an interim dividend of HK$0.095 per share on December 20
Southern Xuan Holdings (01982) issued an announcement to be distributed on December 20, 2023 until September 3, 2023...
NAMESON HLDGS: ANNOUNCEMENT OFUNAUDITED CONSOLIDATED INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Southern Xuan Holdings (01982.HK) plans to hold a board meeting on November 24 to approve the interim results
On November 13, Gelonghui Holdings (01982.HK) announced that the board of directors will hold a meeting on November 24, 2023 (Friday) to consider and approve (including) the interim results of the company and its subsidiaries for the six months ended September 30, 2023 and make recommendations on interim dividends (if any).
Nanxuan Holdings (01982.HK): More than a supplier of knitted products
More than just a supplier of needle products: founded in 1990, Nanxuan Holdings (01982.HK) has focused on producing needle products for many years. This business is the group's main business, accounting for about 79.7% of the group's total revenue. South rotation control
NAMESON HLDGS: Annual Report 2023
NAMESON HLDGS To Go Ex-Dividend On July 6th, 2023 With 0.006 HKD Dividend Per Share
June 24th - $NAMESON HLDGS(01982.HK)$ is trading ex-dividend on July 6th, 2023. Shareholders of record on July 7th, 2023 will receive 0.006 HKD dividend per share on July 25th, 2023. The ex-divide
NAMESON HLDGS: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2023
NAMESON HLDGS: DATE OF BOARD MEETING
Nameson Forecasts Slump in FY22-23 Profit
Nameson Holdings (HKG:1982) expects a profit of between HK$130 million and HK$170 million for the year ended March 31, down from HK$275.6 million the previous year. The knitwear manufacturer attribute
Nanxuan Holdings (01982) issued Yinglian with an estimated annual profit of HK$130 million to HK$170 million
According to the Zhitong Finance App, Nanxuan Holdings (01982) announced that the group expects to make a profit of HK$130 million to HK$170 million for the year ending March 31, 2023, and a profit of about HK$276 million for the year ending March 31, 2022. The decrease in profit expectations for the year ending March 31, 2023 is mainly due to the confirmation of impairment losses at production sites in Myanmar. For the year ending March 31, 2023, the Group re-evaluated the business development of the Group's Myanmar production base in view of force majeure factors and the adjustment of procurement strategies of some global fashion brands to Myanmar. In such a way as to be
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