I-Cable Communications Shrinks Loss in 2023
I-Cable Communications (HKG:1097) saw a 34% decline in attributable loss for the year ended Dec. 31, 2023, to HK$589.3 million from HK$885.7 million in 2022, a filing posted on the Hong Kong bourse on
有線寬頻:二零二三年年報
Cable Broadband (01097.HK): Net loss from continuing operations of approximately HK$548 million in 2023
On March 22, GLONGHUI | Cable Broadband (01097.HK) announced that for the year ended 31 December 2023, the Group's continuing business revenue increased from approximately HK$563 million in 2022 to approximately HK$598 million. Due to increased operating expenses, operating losses from continuing operations increased by approximately HK$102 million to approximately HK$428 million in 2023. Non-cash unrealized fair value loss of approximately HK$3 million in redemption options for long-term convertible bonds that include profit and loss at fair value (2022: unrealised fair value loss of approximately HK$50 million
I-CABLE COMM: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
I-cable Communications Expects Lower Loss in 2023
I-cable Communications (HKG:1097) expects a 30% to 40% drop in net loss in 2023 from about HK$885.7 million a year earlier, according to a Hong Kong bourse filing on Thursday. The company attributed t
Cable Broadband (01097.HK) is expected to reduce annual losses by about 30% to 40%
Gelonghui (01097.HK) announced on March 14, that the company expects the Group's loss for the year ended December 31, 2023 to be reduced by about 30% to 40% compared to the previous year's Group loss of about HK$885,700,000. The reduction in anticipated losses is mainly due to (i) non-cash write-off of deferred tax assets recognized during the year and reduction in impairment losses on certain non-current assets; and (ii) a reduction in fair value losses on financial assets recorded as gains and losses at fair value during the year.
I-CABLE COMM: PROFIT ALERT - REDUCTION IN LOSS
Cable Broadband (01097.HK) held a board meeting on March 22 to approve annual results
Glonghui March 12 | Cable Broadband (01097.HK) announced that the board of directors will meet on March 22, 2024 (Friday) to (among others) approve the announcement and publication of the audited comprehensive results of the company, its subsidiaries and its comprehensive structured entities for the year ended 31 December 2023, and consider payment of a final dividend (if any).
I-CABLE COMM: INTERIM REPORT 2023
I-CABLE COMM: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
Cable Broadband (01097.HK) plans to hold a board meeting on August 25 to approve interim results
GLONGHUI, August 15, 丨Cable Broadband (01097.HK) announced that the board of directors will meet on August 25, 2023 (Friday) to approve (among others) the announcement and publication of the unaudited comprehensive results of the company, its subsidiaries and its integrated structural entities for the six months ended June 30, 2023, and consider the payment of interim dividends (if any).
I-CABLE COMM: DATE OF BOARD MEETING
Cable Broadband (01097) leases seven properties in the Cable TV Tower
According to the Zhitong Finance App, Cable Broadband (01097) announced that on July 21, 2023, CNCL (as a tenant), a wholly-owned subsidiary of the company, has officially accepted seven rental offers issued by the owners (as owners) and subsidy offers relating to the rental of such properties. According to the announcement, the properties are located in factories 1, 2, 3 and 4, G/F, Cable TV Tower 9 Hoi Shing Road, Tsuen Wan, Hong Kong; 4th floor of Cable TV Tower, 9 Hoi Shing Road, Tsuen Wan, Hong Kong; 5th floor, Cable TV Tower 9 Hoi Shing Road, Tsuen Wan, New Territories, Hong Kong; 6th floor of Cable TV Tower, 9 Hoi Shing Road, Tsuen Wan, Hong Kong, New Territories
Cable Broadband (01097) sells advertising services to Chow Tai ?$#@$ Enterprise Group, Chow Tai ?$#@$ Jewellery Group and Chow Tai ?$#@$ Agents Group
According to the Zhitong Finance App, Cable Broadband (01097) announced that on May 10, 2023, the company (for itself and its representative group) entered into a general sales agreement with Chow Tai ?$#@$ Enterprises (for itself and on behalf of Chow Tai ?$#@$ Group), Chow Tai ?$#@$ Jewelry (for itself and on behalf of Chow Tai ?$#@$ Jewelry Group) and Chow Tai Fook's agents (for itself and for Chow Tai ?$#@$ Agents Group). According to this, the Group sold advertising services to the respective member companies of Chow Tai ?$#@$ Enterprise Group, Chow Tai ?$#@$ Jewelry Group and Chow Tai ?$#@$ Agents Group for the three financial years from January 1, 2023 to December 31, 2025.
I-Cable Communications to Provide Advertising Services to Chow Tai Fook Jewellery and Affiliates
I-Cable Communications (HKG:1097) agreed to provide advertising services to Chow Tai Fook Jewellery Group (HKG:1929), Chow Tai Fook Enterprises, and Chow Tai Fook Nominee for three years. The agreemen
Cable Broadband: Annual Report 2022
The annual revenue of cable broadband (01097.HK) decreased by approximately 10% to approximately HK$895 million
Gelonghui, March 27丨Cable Broadband (01097.HK) announced that the company's revenue for the year ended December 31, 2022 fell by about 10% to about HK$895 million. The decline in revenue is mainly due to a decrease in revenue generated by the media segment. The main reason for this is intense competition in the market. Losses for the year increased by about HK$522 million compared to 2021, or 143%.
Cable Broadband: Annual Results Announcement for the Year Ended December 31, 2022
I-Cable Communications Expects Higher 2022 Loss
01:38 AM EDT, 03/16/2023 (MT Newswires) -- I-Cable Communications (HKG:1097) anticipates its loss in 2022 to widen 140% to 150% year over year from HK$363.7 million a year ago, according to a filing o
Cable Broadband (01097) sends Ying Police and expects losses to increase by about 140% to 150% in 2022
According to the Zhitong Finance App, Cable Broadband (01097) announced that the group's losses in 2022 are expected to increase by about 140% to 150% compared to the loss of about HK$363.7 million in 2021. According to the announcement, the increase in losses was mainly due to non-cash write-off of deferred tax assets during the period and non-cash impairment losses to confirm certain non-current assets. This was mainly due to the termination of the local pay-TV program service license of Hong Kong Cable Television Limited, an indirect wholly-owned subsidiary of the company, on June 1, 2023; the decline in revenue, especially in the media segment, was mainly due to fierce competition in the market; and confirmation during the period
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