Revenue Increases by 10.1% to HK$1,061.8 million Contributed by Stable Demand from Hong Kong and Mainland China Nissin Foods Company Limited (Nissin Foods or the Company, and together with its subsidiaries, the Group; HKG: 1475) today announced its unaudited first-quarter financial information for the three months ended 31 March 2022 (the Reporting Period). The Group’s revenue increased by 10.1% year-on-year (YoY) from HK$964.5 million to HK$1,061.8 million. Gross profit grew 7.4% YoY to HK$332.8 million (2021: HK$309.9 million). Gross profit margin was 31.3% (2021: 32.1%), mainly a result of the increased prices of raw materials and other production costs. Profit…
Author: Marie Jones
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Hua Medicine (the Company, HKG: 2552) today announces that two peer-reviewed papers on Phase III clinical trial results of dorzagliatin, a glucokinase activator (GKA) and first-in-class investigational drug of the Company for the treatment of diabetes, were published online simultaneously by Nature Medicine, an international top medical journal. These two papers described and analyzed the clinical efficacy and safety characteristics of dorzagliatin monotherapy (SEED) in drug-naive Type 2 diabetes (T2D) patients and the combination therapy of dorzagliatin and metformin (DAWN) in patients who failed in metformin adequacy therapy for the treatment of T2D respectively. It was the first time for…
Pacific Green Technologies, Inc. (the Company or PGTK, (OTCQB:PGTK)) announces that it has entered into an agreement with Green Power Reserves Limited (GPR), wherein GPR has made an equity investment of GBP13 million (US$16.0 million) for a fifty percent shareholding in Pacific Green Battery Energy Parks 1 Limited (PGBEP). The proceeds from the investment will be used to provide the equity financing for the construction of the 99.98 MW battery energy storage system (“BESS”) the Company is developing in Kent, England. As part of the investment, Paolo Revelli, Managing Director of GPR, has agreed to join the Board of Directors…
Bianca Bustamante, a 17 year-old rising motorsport star from the Philippines, announced that she is launching a groundbreaking project, The Dark Horse – an NFT Access Pass that redefines the career progression of young athletes by embracing technology, social media and community building in the age of blockchain and web3.0. The project will ultimately enable her to build long term engagement with her fan community in ways never imagined before. Bustamante recently secured a coveted race seat in W Series’ Academy team, as the young Filipino driver continues to demonstrate her impressive talent ahead of her debut formula car season. Her talent is proven,…
The World AI Show & Awards – Dubai, which is held under the patronage of the Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, a member of the royal family of Dubai, is taking place on 25-26 May 2022 at Jumeirah Emirates Tower, Dubai. The Private Office was established by His Highness Sheikh Saeed bin Ahmed Al Maktoum with the aim to directly invest in potential business opportunities which meet the investment criteria. The partnership strategy will create rare investment opportunities through collaboration with certain companies and AI innovators. Also, the event will be attended by Hisham Al Gurg,…
First quarter 2022 revenues grew 4,582% year on year (from $9,506 for first quarter ended 31 March 2021 to $445,090 for first quarter ended 31 March 2022). Cash on hand grew over 33% from $23.3 million on 31 December 2021 to $31.0 million on 31 March 2022. With the closed acquisitions of the Pushkart and Handycart business units, SoPa has now amassed over 1.6 million registered consumers and 5,500 registered merchants/brands onto its ever expanding ecosystem. SoPa is well capitalized for planned acquisitions of food & beverage delivery, travel, digital advertising and telecoms verticals in the VIP+T (Vietnam, Indonesia, Philippines…
Q&M Dental Group (Singapore) Limited, a leading private dental healthcare group in Asia, reported net profit excluding other gains or losses attributable to shareholders of S$7.2 million for the quarter ended 31 March 2022 (1Q2022) compared to S$5.8 million in the corresponding period (1Q2021). Dr Ng Chin Siau, Chief Executive Officer of Q&M Dental said, “We are heartened by our continuous strong performance in 1Q2022 following a record-setting year FY2021. Our core dental business will remain strong, and with the abolishing of most of the pandemic restrictions, a positive impact on the economy, we are looking forward to resuming our…
Australian Forex and OTC derivatives trading broker Mitrade has received two esteemed awards by FxDailyInfo at the Forex Broker Award 2022. Mitrade wins two esteemed awards at Forex Broker Award 2022 Mitrade has been crowned the Most Innovative Broker 2022 and the Best Trading Platform 2022. The awards are given by FxDailyInfo, which rewards Forex brokers for consistent innovation and intuitive trading platforms. To declare winners, FxDailyInfo also takes into account several key factors including ground-breaking technology, cross-platform compatibility, responsive customer service, risk management, and fast growth. “We are profoundly humbled to receive these distinguished awards. We take this double…
Mr. Shaner will also chair Sky’s Hotel Advisory Board, as he strongly believes that Sky’s Plug & Play Smart Platform Technology is “game-changing” for the hospitality, lodging and apartment building sectors SQL Technologies Corp. (NASDAQ:SKYX) (Sky Technologies or the Company), a Company significantly enhancing safety in homes and buildings as well as smart home lifestyle, with highly disruptive smart platform technologies and over 60 issued and pending patents globally, today announced that renowned hotel entrepreneur Lance T. Shaner will Chair Sky’s newly formed Hotel Advisory Board. Lance T. Shaner serves as Chairman and Chief Executive Officer of Shaner Hotel Group.…
Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in the energy, food, water, waste and transportation industries. The capital will help develop three behind-the-meter (BTM) projects designed to convert wasted renewable energy into clean computing services such as bitcoin mining and artificial intelligence. “Soluna is the only true green…
Novotech, the leading Asia Pacific biotech specialist CRO which has recently expanded its CRO services to the US, is pleased to sponsor the Pre-ASCO China Summit 2022 event titled: Go/No Go Decisions Based on Early Phase Oncology Trials (‘The Summit’). The Summit will feature insights from leading Novotech experts tapping decades of oncology clinical experience in the APAC region. They include: Dr. Ramandeep Sharma, Senior Medical Monitor, Novotech Dr. Vivian Gu, Head of Clinical Development & Regulatory, CMO, Novotech China Event Date: China Time: 9:00-10:30 AM, Saturday, May 14, 2022 US EST Time: 9:00-10:30 PM, Friday, May 13, 2022 US…
TOKYO, May 11, 2022 – (ACN Newswire) – Showa Denko K.K. (SDK; TSE:4004) today announced its 2022 first quarter financial results. – 2022 First Quarter Consolidated Financial Statements and summary https://www.sdk.co.jp/assets/files/english/ir/library/fss2022-1q.pdf The Company also issued the following supporting release: – 2022 First Quarter Financial Results: Presentation Material https://www.sdk.co.jp/assets/files/english/ir/library/pdf_presentation/results2022-1q.pdf About Showa Denko K.K. Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides…
NexBloc (https://nexbloc.com) today announced the acceptance into the Filecoin Faber Accelerator (FFA). The FFA provides workshops, peer mentoring, expert advising, access to investment, and support beyond the end of the program. NexBloc will work closely with Mentors such as Protocol Labs, MetaMask, The Graph, and others to refine their business strategy and product fit for market success. NexBloc is developing infrastructure for the decentralized web with their domain naming system (dDNS) to make Web 3.0 a usable ecosystem of connected websites and applications. They use an omnichain approach by creating root domains on core blockchains and then interconnecting any blockchain…
Ev Dynamics (Holdings) Limited (the Company, HKG: 476, together with its subsidiaries, collectively Ev Dynamics or the Group), a provider of new energy vehicles and integrated technology solutions, has been selected by the Hong Kong SAR Government as a prequalified supplier of electric public light buses for a sustainable public mobility pilot scheme the Environmental Protection Department plans to launch in 2023. The selected APEX-MINI model which showcases the Group’s outstanding technological and product advantages will help promote energy-efficient public transport in the city as well as Ev Dynamics’ products to various markets. The fast-charging APEX-MINI is powered by high-performance…
Broad Homes and Tencent Cloud enter into strategic partnerships to develop new opportunities in smart buildings. Utilizing Broad Homes’ whole-process digital information system and globalized, large-scale, specialized and intelligent assembly building manufacturing and service capabilities, as well as Tencent Cloud’s advantages in the field of all-true interconnection, digital twin, enterprise digitalization, AI platform and cloud services, the two companies ‘strategic cooperation will focus on market development, technical cooperation and product development to jointly innovate and create development opportunities. In the future, Broad Homes and Tencent Cloud will together help more traditional enterprises to transform and upgrade. The two companies will…
World AI Show & Awards held under the patronage of the Private Office of HH Sheikh Saeed Bin Ahmed Al Maktoum, a member of the royal family of Dubai, is set to take place on 25 – 26 May 2022 at the Jumeirah Emirates Towers in Dubai. Anand Veeramani, VP & Geo Head – Asia and the Middle East, Happiest Minds Technologies will enlighten the attendees on ‘AI powered automation for Digital Transformation’. In his Keynote presentation, Anand will walk attendees through on how automation forms the core of digital transformation and exhibit the impact of Intelligent Document Processing (IDP)…
India played host to one of the most content-rich conference on Customer Experience that took place at Taj Lands End in Mumbai on 27 April 2022. Hosted by Trescon, World CX Summit convened over 200 participants that included major stakeholders of India’s CX ecosystem, including top CX solution providers. The Summit featured leading CX organizations such as Ozonetel Communications, Gupshup, Tata Communications, Infobip and other leading solution providers to discuss India’s CX prospects, and the ever changing CX landscape. The summit included a glittering awards ceremony for honoring the ‘Top 100 CX leaders’ in India with ‘World CX Awards’. The…
Janco Holdings Limited (Janco or the Group; HKG: 8035), a comprehensive freight forwarding and logistics services provider founded and based in Hong Kong with a strategic focus on Asia, has today announced its 2022 unaudited results for the three months ended 31 March 2022 (Period under Review). During the Period under Review, the Group’s total revenue amounted to approximately HK$135.0 million, representing a year-on-year increase of 3.8%. Profit attributable to shareholders of the Group and gross profit amounted to HK$4.5 million (Q12021: HK$5.4 million) and HK$18.5 million (Q12021: HK$19.6 million) respectively for the three months ended 31 March 2022. Driven…
Scientists are exploring new ways to artificially stack two-dimensional (2D) materials, introducing so-called 2.5D materials with unique physical properties. Researchers in Japan reviewed the latest advances and applications of 2.5D materials in the journal Science and Technology of Advanced Materials. “The 0.5D concept symbolizes freedom from the composition, materials, angles and space typically used in 2D materials research,” explains nanomaterials scientist and lead author Hiroki Ago of Kyushu University in Japan. 2D materials, like graphene, consist of a single layer of atoms and are used in applications like flexible touch panels, integrated circuits and sensors. Recently, new methods have been…
The launch of Dusit’s new group-wide wellness concept, Devarana Wellness; a sneak peek of two upcoming hotels in Kyoto, Japan; a deep dive into the world of luxury villa rentals under Elite Havens; and updates on Dusit’s reimagined flagship Dusit Thani Bangkok hotel, set to open in 2024 as part of a USD 1.37 billion mixed-use project, are among the highlights as Dusit returns to the Arabian Travel Market this year. Dusit International, one of Thailand’s leading hotel and property development companies, will showcase its expanding portfolio of international properties, plus a wide range of new services and guest experiences,…