China Red Envelope (08316) plans to issue 41.666 million subscription shares to Zhang Xiaoping at a premium of about 4.3% to repay debts
China Red Envelope (08316) announced that on April 24, 2024, the company plans to issue 4166 to Zhang Xiaoping...
China Red Envelope (08316.HK): Net profit of about HK$1.3 million in the third quarter of the 2023/24 fiscal year increased by about 30.0% month-on-month
Gelonghui, Feb. 15 | China Red Envelope (08316.HK) announced that according to the Group's unaudited management accounts for the third quarter of fiscal year 2023/24, the Group recorded total unaudited revenue of approximately HK$22.8 million and net profit of approximately HK$1.3 million. Net profit increased by about 30.0% compared to net profit of approximately HK$1 million in the second quarter of the 2023/24 fiscal year. For the Internet Services segment, revenue of approximately HK$10.8 million was recorded in the third quarter of the 2023/24 fiscal year. Segment profit for the third quarter of FY2023/24 was approximately HK$7.3 million, an increase of approximately HK$6.8 million over the second quarter of FY2023/24
China Red Envelope (08316.HK): Zhang Jiayu appointed as an independent non-executive director
Gelonghui, December 11|China Red Packet (08316.HK) announced that since December 11, 2023, Kong Weizhao has resigned as an independent non-executive director since he wants to spend more time pursuing other businesses and affairs. Since December 11, 2023, Cheung Ka-yu has been appointed as an independent non-executive director.
QUANTONG GROUP HOLDINGS LIMITED sold 150 million common shares of China Red Packet (08316.HK) OTC, worth approximately HK$93 million
On November 30, according to documents disclosed by the Hong Kong Stock Exchange on November 30, QUANTONG GROUP HOLDINGS LIMITED sold $150 million common stock shares of $08316.HK (08316.HK) on November 27 at an average price of HK$0.62 per share, worth about HK$93 million. After the sale, the latest number of shares held by QUANTONG GROUP HOLDINGS LIMITED was 40,000 shares, and the good position ratio fell from 17.32% to 0.01%. This transaction involves other related parties: Xingyuan
Changes in Hong Kong stocks | China Red Packet (08316) rose rapidly by more than 21% in early trading and recently released interim results with a net profit of HK$1.052 million, turning a year-on-year loss into a profit
China Red Packet (08316) rose rapidly by more than 21% in early trading. As of press release, it rose 21.65% to HK$0.59, with a turnover of HK$1.16 million.
CHINA HONGBAO: Interim Report 2023
China Red Packet (08316) released interim results, with a net profit of HK$1,052 million, turning a year-on-year loss into a profit
China Red Packet (08316) announced interim results for the six months ended September 30, 2023, and the group received revenue...
CHINA HONGBAO: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
CHINA HONGBAO: POSITIVE PROFIT ALERT
QUANTONG GROUP HOLDINGS LIMITED sold 150 million common shares of China Red Packet (08316.HK) off-market, worth approximately HK$107 million
On August 23, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on August 23, QUANTONG GROUP HOLDINGS LIMITED sold $150 million of China Red Packet (08316.HK) common stock shares worth about HK$107 million at an average price of HK$0.71 per share on August 21. After the sale, the latest number of shares held by QUANTONG GROUP HOLDINGS LIMITED was 150 million shares, and the ratio of good positions dropped from 34.63% to 17.32%. This transaction involves another related party: Xingyuan.
CHINA HONGBAO: First Quarterly Report 2023
CHINA HONGBAO: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 30 JUNE 2023
CHINA HONGBAO: NOTICE OF BOARD MEETING
CHINA HONGBAO: Annual Report 2023
China Red Envelope (08316.HK) net annual loss of HK$19 million
On June 27丨China Red Envelope (08316.HK) announced that for the year ending March 31, 2023, the Group's revenue for the year ended March 31, 2023 was approximately HK$101.4 million, an increase of about 31.9% over the previous year. The increase was due to the launch of new businesses in the Chinese supply chain industry during the year. The net loss for the year was approximately HK$19 million (2022: approximately HK$10.4 million). This increase in net loss was mainly due to increased administrative expenses and impairment losses on contract assets, partly offset by increased gross profit.
CHINA HONGBAO: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2023
China Red Envelope (08316) plans to change the trading unit for each lot to 2,000 shares
According to the Zhitong Finance App, China Red Envelope (08316) announced that shares are currently traded on 10,000 shares of each trading unit, while the market value of each trading unit's shares is HK$187,000 (calculated at HK$1.87 per share based on the closing price of the shares reported on the Stock Exchange on the date of this announcement). After the change to the trading unit of each lot takes effect, the shares will be traded on 2,000 shares of each trading unit, and the estimated market value of each lot of the trading unit shares will be HK$3,740 (calculated based on the closing price of the shares reported on the Stock Exchange at HK$1.87 per share on the date of this announcement).
QUANTONG GROUP HOLDINGS LIMITED sold 119 million common shares of China Red Envelopes (08316.HK) worth approximately HK$69.531 million off-market
According to reports on June 23, according to documents disclosed by the Hong Kong Stock Exchange on June 23, QUANTONG GROUP HOLDINGS LIMITED sold $119 million common shares worth about HK$69.531 million over the counter at an average price of HK$0.584 per share on June 15. After the sale, the latest number of shares held by QUANTONG GROUP HOLDINGS LIMITED was 300 million shares, and the good position ratio dropped from 48.37% to 34.63%. This transaction involves other related parties:
China Red Envelopes (08316) issued a profit warning. The net annual loss is expected to be about HK$17 million to about HK$22 million
According to the Zhitong Finance App, China Red Envelope (08316) announced that the Group expects to achieve a net loss of approximately HK$17 million to about HK$22 million for the year ending March 31, 2023, while the net loss for the same period in 2022 was approximately HK$10.4 million. The Board believes that the increase in net loss was mainly due to an increase in staff costs of about HK$10 million under administrative expenses, mainly due to an increase in the number of employees of Hainan Red Envelope Linkage Technology Co., Ltd., an indirect wholly-owned subsidiary of the company. The subsidiary's employee costs exceed the subsidiary's gross profit; and the company's indirect wholly-owned subsidiary
CHINA HONGBAO: PROFIT WARNING AND BUSINESS UPDATE
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