– Rapid Improvement in Gross Profit & Gross Profit Margin, Achieving Gross Profit of RMB180.2 million & Gross Profit Margin of 4.0% – Net Loss Margin Continued to Narrow & Core Business Indicators Continued to Improve as Group Achieved Steady Growth – Continued investment in R&D, enhanced product coverage & multi-scenario business model drive scale efficiency Hangzhou SF Intra-City Industrial Co., Ltd. (SF Intra-City or the Company, together with its subsidiaries the Group; HKG: 9699), the largest third-party on-demand delivery service platform in China(2), today announced its interim results for the six months ended 30 June 2022 (the Period). The…
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PLS Plantations Berhad recorded a net profit after tax (PAT) of RM35.0 million, a strong conclusion to the financial year ended 30 June 2022 (FY2022). This represents an increase of 109.6% compared to RM16.7 million in the preceding financial year ended 30 June 2021 (FY2021). Total revenue for FY2022 stood at an all-time high of RM184.1 million, up 36.5% compared to RM134.8 million in FY2021 driven by increased sales and higher average selling prices of fresh fruit bunches (FFB). Annual PAT was further moderated by several factors, including the recognition of fair value loss in biological assets of RM5.2 million…
Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, reported revenue of RM6.33 million for the fourth quarter ended 30 June 2022 (4Q 2022) compared with the loss of RM0.07 million in the corresponding quarter of the previous financial year (4Q 2021) on higher contribution from the biopharmaceutical business and continued organic growth of the genetic testing business. The Group recorded a profit before tax (PBT) of RM2.97 million for the quarter under review compared with a loss before tax (LBT) of RM2.11 million in 4Q 2021 due to higher profit margin from the biopharmaceutical business as well…
Revenue up 17.1%, Gross Margin up 7.4ppt In-store E-commerce MAU Surpasses 19 million Yeahka Limited (Yeahka or the Company, HKG: 9923), a leading payment-based technology platform in China, is pleased to announce the interim results for the six months ended 30 June 2022 (the period or 1H 2022). Financial Highlights During the period, the Company’s total revenue reached RMB1,641.8 million, representing a year-over-year (YoY) increase of 17.1%. Gross profit during the period rose 52.1% YoY to RMB529.3 million, gross margin increased from 24.8% to 32.2%, gross profit contribution from non-payment business was 50%. Adjusted EBITDA amounted to RMB69.7million, increased by…
Revenue Increases by 9.7% to HK$2,033.1 Million Launches First-Ever Membership Programme “Nissin Foodium” Nissin Foods Company Limited (Nissin Foods or the Company, together with its subsidiaries, the Group; HKG: 1475) has today announced its interim results for the six months ended 30 June 2022 (the reporting period). Highlights — Revenue from the Hong Kong operations increased solidly by 11.4% year-on-year to HK$759.9 million, mainly attributable to the strong demand for instant noodles and frozen food products driven by the hoarding behaviour of consumers. Revenue from Mainland China operations increased by 8.7% to HK$1,273.2 million, thanks to the growth in sales…
Topline performance largely attributable to increase in the number and contract value of EPCC projects Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants today announced that for the fourth quarter ended 30 June 2022 (4Q FY2022), revenue increased 113.35% to RM53.68 million compared with RM25.16 million recorded in 4Q FY2021. Samaiden registered profit before tax (PBT) of RM4.78 million for 4Q FY2022, which is an increase of 104.27% compared with RM2.34 million in 4Q FY2021 while profit after tax (PAT) recorded an increase…
Development of Third-generation Semiconductor GaN Business is in Full Swing Committed to Becoming the Leading Supplier in Greater China Market HG Semiconductor Limited (HG Semiconductor, together with its subsidiaries, the Group; HKG: 6908) is pleased to announce its unaudited consolidated results for the six months ended 30 June 2022 (the first half of 2022 or the Period). Business Review During the Period, while developing its existing LED beads, the Group continued to expand its business presence in the third-generation semiconductor industry chain. In the first half of 2022, the economic situation in China was challenging due to the pandemic. Supply…
On August 25, Newborn Town Inc. (HKG: 9911) released its 2022 interim results. For the half ended June 30, the Company’s total revenue reached RMB 1,374 million, up 32.3% YoY; adjusted EBITDA reached RMB 210 million, up 19.5% YoY; profit attributable to the owner of the Company reached RMB 83 million, up 121.3% YoY. The Company’s successful model of social networking business continues to be replicated around the world. Its social networking revenue reached RMB 1,266 million, a growth of 52.4% YoY, indicating a steady breakthrough in the core business. At the same time, with the smooth progress of refined…
TOKYO, Aug 30, 2022 – (ACN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, announced today that its subsidiary TANAKA Denshi Kogyo K.K. (Head office: Kanzaki-gun, Saga; Representative Director & President: Toshiya Yamamoto), which is engaged in the production of various types of bonding wires, will start taking orders for gold (Au) bonding wires manufactured using only “RE Series” 100% recycled precious metals. A compound for plating solutions has already been launched as the first product to use the RE Series supplied by TANAKA…
Group is optimistic on outlook, focusing on expanding satellite operations, national digital infrastructure initiative and Phase 2 of PoP Binasat Communications Berhad, an all-round solution provider of network engineering and services, today reported revenue of RM83.51 million for the full-year ended 30 June 2022 (FY2022), a 55.08% increase compared with RM53.85 million for the corresponding period of the last financial year (FY2021) mainly attributable to higher revenue from civil mechanical and engineering works, recurring teleport services and revenue from transmission and distribution network facility services and engineering, procurement, construction and commissioning (EPCC) of solar farm facilities. For the period under…
Leon Fuat Berhad, a manufacturer and trader of steel products specialising in rolled long and flat steel, today reported a 35.8% increase in revenue to RM250.93 million for the second quarter ended 30 June 2022 (Q2FY2022) compared with RM184.78 million recorded in the corresponding quarter of the preceding financial year (Q2FY2021). The Group recorded profit before tax (PBT) of RM18.04 million for Q2FY2022, a 57.6% decrease from RM42.57 million registered in Q2FY2021 while recording profit after tax (PAT) of RM14.02 million, which is a 56.3% decrease from RM32.12 million reported in the corresponding quarter of the preceding financial year. For…
Technology leader in providing fully customised, intelligent manufacturing automation solutions, Genetec Technology Berhad continued its performance momentum into the new financial year, recording a surge in profit after tax (PAT) of RM18.6 million representing a 126.8% jump compared to RM8.2 million registered for the corresponding quarter of the preceding financial year (Q1FY2022). Genetec’s recorded a profit before tax (PBT) of RM19.4 million higher by 31.1% compared to RM14.8 million posted in the preceding quarter of 2022 (Q4FY2022), contributed by higher revenue from the e-mobility, electric vehicle (EV) & energy storage (RM60.9 million up 25.8%) and hard disk drive (HDD) segments…
Application Scenario Solutions Open Up Broad New Prospects in Assisted Reproduction Suzhou Basecare Medical Corporation Limited (Basecare Medicalor the Company, together with its subsidiaries, the Group, HKG: 2170), an innovative platform of genetic testing solutions for assisted reproduction in China, officially announced the unaudited consolidated interim results for the six months ended June 30, 2022 (the Reporting Period). During the Reporting Period, the Group recorded revenue of RMB68.6 million, a year-on-year increase of 36.7% compared to H1 2021. This increase was primarily driven by the revenue related to PGT laboratory increased by 53.4% from RMB26.6 million to RMB40.8 million, and…
Avance Clinical, the leading Australian CRO for international biotechs, is sponsoring two awards – Biotech Company of the Year Private and Public – at the Informa Pharma Intelligence Awards 2022 and is also a finalist for the Best Contract Research Organization in APAC. The Biotech Company of the Year awards recognize achievements including “moving the business from an early stage to a more mature company, signing a transformative deal, taking its first or a major new product towards the market, or raising significant new funds”. CEO Yvonne Lungershausen and Chief Strategy Officer Ben Edwards are attending the awards night and…
The Legion of Racers, with support from the Singapore Tourism Board, will be organising the HyperDrive Cities (HDC) 2022 Festival from 23 to 25 September. To be held at Orchard Road, this will be Asia’s first hybrid online to offline festival that combines live sim racing, entertainment, lifestyle and technology within an urban carnival setting. The HDC will take place during this year’s Grand Prix Season Singapore (GPSS) from 23 September to 2 October. GPSS is a collection of innovative race-themed lifestyle experiences that complements the Formula 1 Singapore Airlines Singapore Grand Prix 2022 excitement beyond the track. For three…
For the first time in history an NFT project has made it to the top spot trending on twitter in the MENA region. Newly founded Middle-East based project Crypto Arabs is making headlines with their NFTs. Tweet: bit.ly/3e3cTsV Crypto Arabs have already received significant media attention by announcing their partnership with the cartoon loved by millions, for 16 seasons – Shaabiat Al Cartoon. The pair will be turning the Arabic cartoon into an NFT collection for the first time. The NFT project attracted attention last month when announcing big players such as; Sheikh Humaid bin Khalid Al Qasimi and Princess…
Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, today announced that the Group has signed a Memorandum of Understanding (MoU) to explore opportunities for the distribution of biopharmaceutical and genomics products and services with Ajlan & Bros Medical Company. Ajlan, based in Riyadh, Saudi Arabia, is part of a multinational conglomerate established in 1979 with extensive global private equity, real estate and industrial investments. As part of the MoU, the parties will explore the feasibility of Ajlan becoming a marketing and distribution representative for Malaysian Genomics for genetic screening tests, mesenchymal stem cell and…
Revenue remains stable, Full-scale entry into the Metaverse Inkeverse Group Limited (Inkeverse or the Group; HKG: 3700) has announced its interim results for the six months ended 30 June 2022 (the Reporting Period). In the first half of 2022, the Group continued to intensify its expansion in the interactive entertainment and social networking sector while enriching its business scenarios to boost operational efficiency. Through its strategy of profiting from a diversified matrix, the Group realized total revenue of RMB4.0 billion. Supported by stable revenue, Excluding the impact of share-based non-cash compensation expenses and goodwill impairment losses, the Group recorded an…
Expand Geographical Layout in the PRC and Globally China Risun Group Limited (China Risun, or the Group, HKG: 1907), a leading global integrated coke, coking chemicals and refined chemicals producer and supplier and relevant operation management services provider in China, has announced its interim results for the six months ended 30 June 2022 (the reporting period). During the reporting period, the Group grew and expanded by way of provision of operation management services together with the formation and acquisition of entities by focusing on opportunities in both China and overseas. Revenue for the six months ended June 30, 2022 was…
Gotion High-tech’s Revenue grew by 143.24% with overseas revenue growth of 358.28% in the first half of the year Revenue in the first half of the year amounted to RMB8,638 million, and R&D expenses doubled again, up 104.97% year on year Gotion High-tech Co., Ltd. (Gotion High-tech or the Company; SHE: 002074) announced its interim results for the six months ended 30 June 2022 (the Reporting Period). During the Reporting Period, the Company achieved revenue of RMB8,638 million, representing a year-on-year growth of 143.24%, of which revenue from overseas regions (including Hong Kong, Macau and Taiwan) increased by 358.28% year-on-year…