Favorable policies continue to be catalyzed, the concept of equipment renewal is expected to spread further, and the logic of going overseas may become a dark line in the market
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China Construction Machinery Industry Association: Sales of 24,980 excavators of various types fell 2.34% year on year in March 2024
March 2024 Construction Machinery Industry Major Product Sales Report
China Construction Machinery Industry Association: In January-February, China's construction machinery import and export trade volume was US$7.856 billion, up 6.3% year-on-year
The China Construction Machinery Industry Association disclosed the January-February construction machinery product import and export report.
Stable Growth Forecast for China's Machinery Makers This Year
China's machinery sector is expected to report year-on-year revenue and profit growth of 5 percent each this year, while exports are likely to increase by around 2 percent, industry experts estimated on Monday.
China Construction Machinery Industry Association: Sales of 1,456 truck cranes of various types in October fell 10.9% year-on-year
According to statistics from the China Construction Machinery Industry Association on major grader manufacturers, 476 graders of various types were sold in October 2023, a year-on-year decrease of 21.2%, including 68 in China, a year-on-year decrease of 32.7%.
HING MING HLDGS: 2023 INTERIM REPORT
Hing Ming Holdings (08425.HK) received an increase of 4.8 million common shares from Leung Chu-mei, worth approximately HK$912,000
On November 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 9, Leung Chu-mui increased her holding of $4.8 million common shares of $Hing Ming Holdings (08425.HK) on November 7 at an average price of HK$0.19 per share, worth about HK$912,000. After increasing her holdings, the latest number of shares held by Leung Chu-mui was 26.836 million shares, and the good position ratio rose from 5.86% to 7.13%. Photo Source: Stock Exchange Stock Disclosure What is an equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of shares) are required to disclose their share interests in listed companies. Of a listed company
Hing Ming Holdings (08425.HK) received an increase in Leung Chu-mei's common stock holdings by 6.064 million shares, worth approximately HK$1,0915 million
On November 7, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on November 7, Leung Chu-mui increased her holding of $6064 million common shares in $Hing Ming Holdings (08425.HK) by an average price of HK$0.18 per share on October 30, worth about HK$1,0915 million. After increasing her holdings, the latest number of shares held by Leung Chu-mui was 20.036 million shares, and the good position ratio rose from 4.25% to 5.86%. Photo Source: Stock Exchange Stock Disclosure What is an equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of shares) are required to disclose their share interests in listed companies.
HING MING HLDGS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
HING MING HLDGS: 2023 FIRST QUARTERLY REPORT
HING MING HLDGS: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 30 JUNE 2023
HING MING HLDGS: 2023 ANNUAL REPORT
Xing Ming Holdings (08425.HK) turned a loss into a profit in fiscal year 2023, with a year-on-year increase in revenue of more than 30%
Gelonghui, June 20, 丨 Xing Ming Holdings (08425.HK) announced that for the year ending March 31, 2023, the Group recorded revenue growth of about 30.2% from about HK$75.4 million in fiscal year 2022 to about HK$98.2 million in fiscal year 2023. The Group recorded total profit and overall revenue of approximately HK$2.4 million and total losses and total losses of approximately HK$300 in fiscal year 2023 and fiscal year 2022 respectively. The change from net loss to net profit was mainly due to (i) the recovery of loss from impairment of trade receivables of approximately HK$1.2 million (FY2022: impairment of trade receivables
Xing Ming Holdings (08425) announced its annual results. The profit attributable to shareholders of HK$2,369 million was turned a profit from a year-on-year loss to a profit
According to the Zhitong Finance App, Xing Ming Holdings (08425) announced its annual results for the year ending March 31, 2023. The group received revenue of HK$98.235 million, an increase of 30.21% over the same period last year; annual profit of HK$2,369 million, compared with a loss of HK$3,035 million in the same period last year; and a profit of HK$0.61 per share. According to the announcement, the shift from net loss to net profit was mainly due to the recovery of loss from impairment of trade receivables of approximately HK$1.2 million (FY2022: impairment loss on trade receivables of approximately HK$3.1 million); and an increase in revenue, mainly due to an increase in rental income generated from new tower cranes and
HING MING HLDGS: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2023
Xing Ming Holdings (08425.HK) Yingxi: Expected annual net profit of not less than HK$2 million to reverse losses year-on-year
Gelonghui, June 8, 丨 Xing Ming Holdings (08425.HK) announced that the Group expects to record a net profit of no less than HK$2 million for the year ending March 31, 2023, and a net loss of approximately HK$3 million for the year ending March 31, 2022. According to currently available information, the Board believes that the shift from net loss to profit is mainly due to (i) increased revenue from equipment installation and inspection services; and (ii) the return of impairment losses on trade receivables. These were partially offset by increased administrative expenses and financial costs.
HING MING HLDGS: POSITIVE PROFIT ALERT
HING MING HLDGS: NOTICE OF BOARD MEETING
Express News | Construction machinery market recovers: the year-on-year decline in domestic sales of excavators narrowed in February, and export growth recovered
Express News | CITIC Securities: Maintaining the Construction Machinery Industry's “Better Than the Market” Rating
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