08620 AE LOGISTICS
- 0.128
- +0.001+0.79%
AE LOGISTICS News
Parcel Delivery Sees Booming Growth
China's parcel delivery sector aims to handle a record 14.25 billion consignments this year, said a senior official with the national agency governing the industry.
AE LOGISTICS: Interim Report 2023/2024
AE LOGISTICS: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
AE LOGISTICS: 2023/2024 First Quarterly Report
AE LOGISTICS: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 30 JUNE 2023
Asia Express (08620.HK) Yingxi: Expected profit of around HK$500,000 to HK$1.5 million in the first quarter
According to the Group's preliminary assessment of the unaudited comprehensive management accounts for the three months ending June 30, 2023 and the information currently available to the Board of Directors, the Group expects to record a profit of about HK$500,000 to HK$1.5 million during the period ending June 30, 2022, while recording a loss of about HK$2.6 million for the three months ending June 30, 2022. The increase in profit over the period was mainly due to (i) the increase in revenue generated from the provision of warehousing and other value-added services; and (ii) the effects of the Group's overall budget management and effective cost control.
AE LOGISTICS: POSITIVE PROFIT ALERT
Changes in Hong Kong stocks | Asia Express (08620) rose more than 24% and surged 128% since April
The Zhitong Finance App learned that Asia Express (08620) rose more than 24%. As of press release, it rose 20% to HK$0.30, with a turnover of HK$9.87 million. The company's stock price has surged 128% since April. According to the news, Asia Express recently announced financial results for the year ended March 31, 2023, with earnings of HK$328 million, down 20.6% year on year; net loss of HK$20175,000, up 10.2% year on year; and a basic loss of HK$4.20 cents per share. The increase in net loss for the year ended March 31, 2023 was mainly due to changes in the surrounding environment and continued cross-border land freight traffic
AE LOGISTICS: Annual Report 2023
Asia Express (08620.HK) net loss of HK$2020 million
On June 28丨Asia Express (08620.HK) announced that for the year ending March 31, 2023, overall revenue decreased by about 20.6% year-on-year to about HK$327.7 million. The Group recorded a net loss of approximately HK$2020 million for the year (2022: HK$18.3 million). The increase in net loss for the year was mainly due to poor peripheral environment and continued obstruction of cross-border land freight traffic, which severely impacted the logistics industry in Hong Kong and had an adverse impact on the Group's revenue generated during the current financial year.
AE LOGISTICS: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2023
AE LOGISTICS: NOTICE OF BOARD MEETING
Changes in Hong Kong stocks | Asia Express (08620) once rose more than 13% and completed the issuance of a total of 48 million shares placed with a net raise of about HK$7.3 million
The Zhitong Finance App learned that Asia Express (08620) once rose more than 13% in early trading, reaching a high of HK$0.255 since February 2022. As of press release, it rose 8.04% to HK$0.242, with a turnover of HK$1,714,600. According to the news, Asia Express announced that it has completed the placement of a total of 48 million shares (equivalent to about 9.1% of the company's issued share capital immediately after the completion of the placement) to no less than six grantees at the placement price of HK$0.157 per placed share. The net proceeds from the placement were approximately HK$7.3 million. The company plans to place the items
Asia Express (08620.HK)'s total revenue for the first three quarters decreased 23.6% year-on-year to HK$253 million
Gelonghui, Feb. 14 丨 Asia Express (08620.HK) announced that for the nine months ending December 31, 2022, total revenue decreased 23.6% year-on-year to about HK$253 million. The Group recorded a net loss of approximately HK$11.3 million (2021: HK$100,000). A loss of HK2.35 cents per share. The increase in net loss was mainly due to the deterioration of the peripheral environment and the continued blockage of cross-border land cargo flows, which severely impacted Hong Kong's logistics industry, which in turn had an adverse impact on the Group's revenue generated during the relevant period.
ASIAN EXPRESS: 2022/2023 THIRD QUARTER REPORT
Asia Express: Third quarter results announcement for the nine months ended December 31, 2022
Asia Express's total interim revenue (08620.HK) decreased by approximately 20.1% to approximately HK$174 million
Gelonghui, November 14, 丨 Asia Express (08620.HK) announced that in the six months ending September 30, 2022, the company's total revenue decreased by about 20.1% to about HK$174 million. The decline was mainly due to the deterioration of the surrounding environment and continued blockage of cross-border land cargo flows, which severely impacted Hong Kong's exports and the Group's business volume. Overseas, contrary to the trend where large amounts of consumption power were used to purchase goods during the pandemic, mass consumption power gradually shifted to the service industry. This had an adverse effect on the volume of goods that the company's main customers could handle. The Group recorded a net loss of approximately HK$6.9 million during the period (as of September 2021)
Asia Express: interim report 2022 Universe 2023
Asia Express: interim results announcement for the six months ended September 30, 2022
08620.HK 's first quarter net loss widened to HK $2.55 million
08620.HK announced that for the three months ended June 30, 2022, the company's income was HK $91.752 million, down 10.09% from a year earlier. The company's owner's share of the loss during the period was HK $2.55 million, compared with a loss of HK $1.311 million in the same period last year, or HKD 0.53 per share. The decrease in revenue is mainly due to a decrease of about HK $7.6 million or 43.7% from about HK $17.4 million in the three months ended June 30, 2021 to about HK $43.7% in the three months ended June 30, 2022.
Analysis
Price Target
No Data
