CIRCUTECH: Annual Report 2023
Xunzhihai (08051) announces 2023 results, profit attributable to shareholders of HK$5.891 million increased 16.4% year-on-year
According to the Zhitong Finance App, Xunzhihai (08051) announced its 2023 results, with revenue of about HK$152 million, a year-on-year decrease of 58.68%; profit attributable to company owners was HK$5.891 million, up 16.4% year on year; profit per share was HK25.14 cents. According to the announcement, the decrease in revenue was mainly due to a decline in classification revenue from sales and distribution categories after the business model was adjusted. The overall gross margin increased from 7.2% in 2022 to about 9.1%, mainly due to growth in the maintenance and service support category, which is higher than the gross margin of the sales and distribution category. The increase in net profit was due to improved operating efficiency and
CIRCUTECH: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
The reduction in memory production has come to an end, and the utilization rate of the original factory's production capacity has returned to 90%
According to Taiwan Electronic Times, the memory industry has reached the bottom of a cold winter. As demand for high-bandwidth memory (HBM) and DDR5 surges due to generative AI, the collective reduction of original memory production will come to an end.
Xun Zhihai (08051): Fung Po-ting appointed as company secretary and agent for legal process documents
Xunzhihai (08051) announced that Tam Hoi-kwong has resigned as the company secretary of the company and the public in accordance with Chapter 622 of the Laws of Hong Kong...
CIRCUTECH: THIRD QUARTERLY REPORT 2023
Xunzhihai (08051) released the first three quarter results, profit attributable to shareholders of HK$4.445 million decreased by 22.06% year-on-year
Xunzhihai (08051) announced the results for the nine months ended September 30, 2023, and earned 7235 revenue during the period...
CIRCUTECH: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
CIRCUTECH: INTERIM REPORT 2023
CIRCUTECH: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
CIRCUTECH: DATE OF BOARD MEETING
CIRCUTECH: FIRST QUARTERLY REPORT 2023
Xunzhihai (08051) announced first-quarter results, net profit of HK$865,000, a year-on-year decrease of 5.36%
According to the Zhitong Finance App, Xunzhihai (08051) announced results for the first quarter of 2023, with a turnover of approximately HK$13.403 million, a year-on-year decrease of 92.53%; net profit of HK$865,000, a decrease of 5.36% over the previous year; and a profit of HK3.69 cents per share. According to the announcement, the decline in revenue was mainly due to the decline in sales and distribution classification revenue after adjusting the business model. The slight decrease in net profit was mainly due to a decrease in classification revenue from the Sales and Distribution category due to a decrease in sales volume, which was partly offset by an increase in classification revenue from the Maintenance and Service Support category.
CIRCUTECH: QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2023
Xunzhihai (08051) appoints Zhang Chuanwang as non-executive director and chairman of the board
According to the Zhitong Finance App, Xun Zhi Hai (08051) announced that since April 14, 2023, Hong Song-tai has resigned as the company's executive director, chairman of the board of directors and member of the remuneration committee, and Choi Bing-han has resigned as executive director. In addition, Zhang Chuanwang has been appointed as a non-executive director, chairman of the board and a member of the remuneration committee.
Xunzhihai: Annual Report 2022
The total annual revenue of Xunzhihai (08051.HK) was approximately HK$368 million, a slight increase of about 5.2% year-on-year
Gelonghui, March 14, 丨 Xunzhihai (08051.HK) announced that for the year ending December 31, 2022, the company's total revenue was approximately HK$368 million, a slight increase of about 5.2% over the previous year. The increase in revenue is mainly due to the increase in supply and demand in the global second-hand IT product market, driving the increase in sales and distribution revenue of the second-hand IT product segment. Net profit attributable to shareholders increased by approximately HK$3,189,000 to approximately HK$5,421,000. Net interest rate increased to around 1.5% this year (2021:0.6%) due to increased operating efficiency and lower sales and distribution expenses.
Xunzhihai: Annual Results Announcement for the Year Ended December 31, 2022
Xun Zhihai: third quarter report 2022
The net profit of Xunzhihai (08051.HK) in the first three quarters was HK$5.703 million, up 494.06% year-on-year
Gelonghui, November 9, 丨 Xunzhihai (08051.HK) announced that for the nine months ending September 30, 2022, the company's revenue was HK$350 million, an increase of 84.41% over the previous year; the profit attributable to the company's shareholders during the period was HK$5.73 million, an increase of 494.06% over the previous year; and the basic profit per share was HK24.34 cents. The Board believes that the increase in the Group's net profit for the nine months ended September 30, 2022 was mainly due to the business volume of distribution of third party IT products and the increase in profits of the Group's maintenance centers.
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