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Zhifang International Holdings (08521) released its first-quarter results, with a loss of HK $4.475 million attributable to shareholders, turning from profit to loss compared with the same period last year.
Zhitong Financial App News, Zhifang International Holdings (08521) released its results for the first quarter of the three months ended March 31, 2022. During the period, the company achieved a profit of HK $6.275 million, down 56.18% from the same period last year. The loss attributable to the owners of the company was HK $4.475 million, compared with a profit of HK $920000 and a loss of HK0.93 per share in the same period last year.
Zhifang International Holdings: first quarter results report 2022
Zhifang International Holdings: announcement of results for the first quarter of 2022
Smart Textile International Holdings (08521.HK) expects to lose about HK $4.5 million in the first quarter.
Based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group for the three months ended 31 March 2022 and the information currently available, the Group is expected to record a loss of approximately HK $4.5 million and a profit of approximately HK $900000 for the three months ended 31 March 2021. The board of directors is of the view that the change in financial performance is mainly due to a sharp decrease in earnings in the first quarter of 2022 by more than 50% compared with the first quarter of 2021, resulting in a significant decline in gross profit in the first quarter of 2022 compared with the first quarter of 2021.
Zhifang International Holdings (08521) is expected to lose about HK $4.5 million in the first quarter.
Zhitong Financial App News, Zhifang International Holdings (08521) announced that the Group expects to make a loss of about HK $4.5 million for the three months ended March 31, 2022, compared with a profit of about HK $900000 for the first quarter of 2021. The Board is of the view that the change in financial performance is mainly due to a sharp decline in earnings in the first quarter of 2022 compared with the first quarter of 2021 (first quarter of 2021: HK $14.3 million). As a result, gross profit in the first quarter of 2022 decreased significantly by more than 80 per cent compared with the first quarter of 2021 (first quarter of 2021: 470).
Chi Textile International Holdings (08521.HK) turned its annual profit and loss to HK $32.503 million.
Gelon Exchange International Holdings (08521.HK) announced on March 26 that for the 12 months ended December 31, 2021, compared with the financial performance of fiscal year 2020, revenue for fiscal year 2021 increased by 1.7% from HK $121 million to HK $123 million, and gross profit margin increased from 23.6% to 28.3%. The increase in earnings and gross profit margin is due to the steady recovery of China's economy following the global novel coronavirus epidemic in early 2020 and the Group's improvement in product pricing in a recovering business environment. Although the earnings and gross profit margin for fiscal year 2021 are somewhat
Zhifang International Holdings (08521) released its 2021 results with a net loss of HK $32.503 million, a year-on-year profit and loss.
Zitong Financial App News, Zhifang International Holdings (08521) issued a 2021 results announcement. Compared with the financial performance for the year ended December 31, 2021, revenue for fiscal year 2021 increased by 2.103 million Hong Kong dollars, or 1.7 percent to 123 million Hong Kong dollars, and gross profit margin increased from 23.6 percent to 28.3 percent. The increase in earnings and gross profit margin is due to the steady recovery of China's economy following the global outbreak of the novel coronavirus epidemic (COVID-19) in early 2020 and the Group's improved product pricing in a recovering business environment. Although 2021 yuan
Zhifang International Holdings: annual report 2021
Zhifang International Holdings: annual results announcement for 2021
Zhifang International Holdings: notice of Board meeting
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