Chervon Logs High-Double-Digit Growth in April
Chervon Holdings (HKG:2285) recorded high-double-digit growth in April, leading to a positive year-over-year growth for the four months ended April 30, a Thursday filing on the Hong Kong bourse said.
Quanfeng Holdings (02285.HK): Sales improved in the first four months, showing a positive acceleration trend
On May 9, Gelonghui | Quanfeng Holdings (02285.HK) announced that the Group's sales improved during the four-month period ending April 30, 2024, showing a positive acceleration trend. After the Group faced challenges in the 2023 industry inventory removal cycle, the Group believes that the Group's business has reached an inflection point and recorded high double-digit growth in April. Compared with the same four-month period in 2023, it achieved positive year-on-year growth. Benefiting from favorable weather conditions and effective promotions, the Group's flagship brand EGO had strong sales performance in various channels in North America during the four-month period ending April 30, 2024
泉峰控股:二零二三年年報
Changes in Hong Kong stocks | Quanfeng Holdings is now up more than 7%, overseas tool channels are ending inventory removal, and domestic housing repair and maintenance demand is expected to emerge
Quanfeng Holdings (02285) is now up more than 7%. As of press release, it has risen 6.99% to HK$19.58, with a turnover of HK$14.442,600.
Nanjing Chervon Auto Precision Technology Co., Ltd's (SHSE:603982) Last Week's 17% Decline Must Have Disappointed Individual Investors Who Have a Significant Stake
Key Insights Nanjing Chervon Auto Precision Technology's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public 52% of the b
Changes in Hong Kong stocks | Quanfeng Holdings (02285.HK) fell nearly 7%, Damo says the DIY market prospects are still uncertain, and Dahe says it will take longer for profits to recover
Quanfeng Holdings (02285.HK) fell nearly 7% at the end of the session. As of press release, it fell 6.84% to HK$18.52, with a turnover of HK$10.628,500.
Quanfeng Holdings (2285.HK): Performance is under pressure due to inventory removal, lithium battery products continue to gain strength
Incident: The company announced its annual results and achieved revenue of US$1.37 billion in 23, a decrease of 30.9%. Net profit - US$37 million, a decrease of 126.7%. Net profit margin -2.7%, down 9.7pct
Quanfeng Holdings (02285.HK): Channel dewarehousing hits bottom and looks forward to an inflection point in performance
Event: The company publishes its 2023 annual report. The company's revenue in 2023 was US$1,375 million, or -30.89% YoY; net profit - US$37 million, -126.7% YoY. Of these, 23H2 was received
Quanfeng Holdings (02285.HK): Channel inventory gradually declines, profits are expected to continue to improve and improve
The company announced its results for the year 23. 1) Revenue side: Overall revenue fell from US$1,989 billion in '22 to US$1,375 million in '23, down 30.9% year-on-year, mainly due to macroeconomic uncertainty
Earnings Miss: Chervon Holdings Limited Missed EPS And Analysts Are Revising Their Forecasts
It's been a pretty great week for Chervon Holdings Limited (HKG:2285) shareholders, with its shares surging 14% to HK$19.66 in the week since its latest yearly results. It looks like a pretty ba
Quanfeng Holdings (02285.HK) 2023 Report Review: Inventory Removal Affects 23H2 Operations to Bottom and 24 Years of Profit Inflation Can Be Expected
Matters: The company announced its 2023 results, achieving revenue of US$1.38 billion, or -30.9% YoY; net profit of -US$37 million. Looking at the semi-annual split, 23H2 achieved revenue of US$640 million, same
Quanfeng Holdings (2285.HK): Fundamentals have bottomed out and are optimistic about resilience in 24 years
Event: The company released its 2023 annual report. The company achieved revenue of US$1,375 million in 2023, or -30.9% YoY; net profit attributable to mother - US$37 million, -126.7% YoY; adjusted net profit - 0.
Chervon Swings to Loss in 2023; Proposes Special Dividend
Chervon Holdings (HKG:2285) logged an adjusted net loss of $36.7 million in 2023, as opposed to a profit of $151.3 million in 2022. Basic loss per share stood at $0.07 for the reporting period, versus
Quanfeng Holdings (02285.HK): Short-term pressure on 23-year results accompanied by a recovery in existing home sales in the US, order repair can be expected
Incident: The company released its annual report and achieved revenue of US$1.37 billion in 2023, or -30.9% YoY; loss of US$37.15 million for the full year, with an adjusted loss of US$36.65 million. The company's comprehensive gross margin was 3 in 2022
Quanfeng Holdings (2285.HK): Industry fluctuations will not change long-term competitiveness, expect a rebound in demand
According to the announcement: 23 Full year: Revenue of US$1.38 billion (YOY -31%), net profit loss of US$37 million (previous value of profit of US$139 million); 23H2: Revenue of US$630 million (Y
CHERVON To Go Ex-Dividend On June 6th, 2024 With 0.2764 HKD Special Dividend Per Share
March 28th - $CHERVON(02285.HK)$ is trading ex-dividend on June 6th, 2024. Shareholders of record on June 7th, 2024 will receive 0.2764 HKD special dividend per share. The ex-dividend date is June
Quanfeng Holdings (02285.HK): Performance is being dragged down by industry exits, optimistic that future interest rate cuts will be driven by demand
The 2023 results are in line with our expectations. The company announced its 2023 results: revenue of US$1.37 billion, a year-on-year decrease of 30.9%, net profit to mother of US$0.4 billion, a year-on-year decrease of 126.6%, minus non-net profit of -0.
Quanfeng Holdings (2285.HK): The bottom of terminal and channel demand has passed. Expect a recovery in demand and a recovery in performance
The core view was affected by the Federal Reserve's interest rate hike that exceeded expectations in 2023 and unfavorable weather in North America. Industry demand was weak, and the channel side adopted more conservative inventory policies and order cuts. The company's revenue for the full year of 2023 fell 30.89% year-on-year, and revenue
Changes in Hong Kong stocks | Quanfeng Holdings (02285) rose more than 20% after the results. The company changed from profit to loss and still paid special interest of 3.54 US cents for the whole year
Quanfeng Holdings (02285) rose more than 20% after the results. As of press release, it rose 20.34% to HK$20.65, with a turnover of HK$17.618,400.
Quanfeng Holdings (02285.HK) Hong Kong Stock Company Information Update Report: Bottom of fundamentals confirms that channel inventory replenishment and real estate recovery are expected to drive growth
PB's valuation is still low. The bottom of the fundamentals confirms that it is expected to return to rapid growth in 2025. Considering that 2023 revenue is lower than our previous forecast and the company's investment in R&D and sales expenses, we lowered the company 2024-202
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