Targets to Maintain a Payout Ratio of between 20% to 30% Striving to Create Sustainable Investment Returns for Shareholders VCREDIT Holdings Limited (VCREDIT or the Group; HKG: 2003), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the Year). During the Year, the Group’s total income increased significantly by 34.4% year-on-year to RMB3,458 million (2020: RMB2,573 million). The Group successfully achieved a turnaround, with net profit of RMB1,179 million (2020: net loss of RMB870 million). The Group is committed to creating sustainable investment returns for…
Author: Marie Jones
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Surprise-Inside Confectionary Brand Helps Families Create Heartwarming Memories with Free Activities, Crafts, Games and More Yowie Group, the confectionary company that brings families sustainably sourced sweet treats combined with a unique educational experience, has officially debuted their “Fill Baskets and Hearts with Yowie” Easter campaign. This spring, Yowie is delighted to bring loved ones together by offering a curated collection of free Easter-themed activities featuring sweet treats, homemade gifts, engaging activities and fun educational experiences. “At Yowie, we pride ourselves on being a resource to parents as they plan family friendly festivities that lead up to Easter weekend as well…
HONG KONG, Mar 24, 2022 – (ACN Newswire) – Analogue Holdings Limited (HKG: 1977) together with its subsidiaries (referred to as ATAL Engineering Group, ATAL or the Group), a leading electrical and mechanical (E&M) engineering services provider in Hong Kong, is pleased to announce that the Group has won two esteemed awards, namely Innovation and Creativity Award and Innovation and Creativity Certificate of Merit in 2021-22 Hong Kong Awards for Industries (HKAI): Innovation and Creativity organized by Hong Kong General Chamber of Commerce. These achievements are testimonials of the Group’s continuous efforts in driving innovation and technological applications for the industry. ATAL’s in-house developed all-in-one “ATAL…
Continue to Develop the “Cloud and Collaboration” Ecosystem New Games Achieve Great Performance Kingsoft Corporation Limited (Kingsoft or the Company; HKG: 3888), a leading Chinese software and Internet service company, has announced its 2021 annual results and fourth-quarter results for the period ended 31 December 2021. For the year 2021, the revenue of Kingsoft increased 14% year-on-year to RMB6,371.4 million. Revenue from the office software and services and online games and others represented 51% and 49%, respectively, of the Company’s total revenue for the year of 2021. Gross profit for the year 2021 increased 11% year-on-year to RMB 5,214.3 million,…
Singapore-headquartered Women Icons Network, a cause-driven community platform working in the space of Workplace Gender Equality, will be hosting its annual Collective for Equality Summit on March 24 and 25, 2022. The virtual summit will bring together senior corporate leaders from across the Asia Pacific in discussion on their personal experiences and initiatives in improving workplace gender equity. From recognizing one’s personal biases to overcoming it and then helping bring about change to stepping forward and becoming an ally – female and male – at work, the summit sessions will effectively be a masterclass on how to be the change…
The Coalition Against Piracy’s (CAP’s) most recent YouGov consumer surveys show that while piracy continues to be a major concern around the Asia Pacific region, particularly in Vietnam, Malaysia and the Philippines where 61% of consumers admit to accessing pirate services in each country, site blocking, and in particular government regulatory blocking, is having a noticeable effect in stopping consumers accessing pirated content online. Countries around the region that implement site-blocking showed a change in consumer behaviour to stop accessing piracy services due to sites being blocked and the change was most notable in those countries that used regulatory blocking.…
Infocus International Group, a global business intelligence provider of strategic information and professional services, has announced the new dates for Mastering Wind Power training and it will be commencing live on the 7th of June 2022. A comprehensive, up-to-date and business-focused roadmap to success in delivering wind power growth, today and tomorrow. Attendees will gain an excellent understanding of all the key factors facing wind power developers and investors, from resource assessment and energy production complexities, through technology trends, project development and planning challenges, to financial returns and risks. The course will include the illustration of key concepts using online…
The Value Research Center (VRC) launched an integrated Value Model of ESG and Sustainability measures in a new white paper issued today. With the shift from short term, profit-focused thinking towards long-term, sustainable, value-focused thinking, businesses globally need to answer a fundamental question: “What value are you providing our collective future?” The VRC at Doshisha University was established in November 2021 to develop a Value Model that could guide any company to answer this question, so ensuring a more sustainable future. The VRC published its initial white paper, “Valuing Value”, in June 2021, integrating 357 impact measurements from 15 of…
Venture into the e-mobility in line with Ni Hsin’s drive towards ESG Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) (Ni Hsin or the Group), today entered into an Original Equipment Manufacturing Agreement (OEM Agreement) with Dongguan Tailing Motor Vehicle Co., Ltd. (TAILG) for the manufacture of the eBixon EV Bike. Under the OEM Agreement, TAILG will manufacture the eBixon EV Bikes and deliver as semi-knocked down (“SKD”) components that includes spare parts and software while NH EV TECH will assemble and…
Singapore Exchange-listed Alset International Limited (SGX Stock Code: 40V) (Alset, the Company or together with its subsidiaries, the Group) wishes to announce that the Company has plans to embark on cryptocurrency mining business through its subsidiary Alset Mining Pte. Ltd. (Alset Mining). Alset Mining will primarily be engaged in investment within the cryptocurrency mining industry. Cryptocurrency mining refers to the process that verifies and adds new transactions to the blockchain by solving complex mathematical equations for a cryptocurrency. The miner that solves the complex mathematical equations first is rewarded with the respective cryptocurrency. The cryptocurrency mining industry consist of stakeholders…
Kingworld Medicines Group Limited (HKG: 1110), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company for 2021, as compared to RMB11.7 million for 2020. The positive profit alert was based on preliminary assessment of the unaudited consolidated management accounts of the Group for 2021 and information currently available to the Board. The Board attributes the increase in profit mainly to the market recovering from the COVID-19 pandemic outbreak pushing up the turnover…
CubiCasa, a global-reaching real estate software company headquartered in Oulu, Finland, has announced a partnership with Bladescenes, a leading creative marketing agency for real estate located in Auckland, New Zealand. This partnership marks a notable boost to CubiCasa’s ongoing expansion into the Australian and New Zealand real estate markets, accelerating the global growth of its mobile property scanning technology. Bladescenes offers creative photography, videography, and now virtual floor plans as a part of its agency services. Bladescenes markets homes by capturing their prepossessing architect and layout potential through the use of digital technology. CubiCasa’s mobile capture technology gives Bladescenes’ customers…
Achieves an increase of 58% in Profit-After-Tax to HK$346.0 million and Turnover Growth of 67.4% to HK$1,637.7 million Essex Bio-Technology Ltd (Essex or the Group, Stock Code: HKG:1061) today announced the annual results for the year ended 31 December 2021. Highlights The group’s turnover surged 67.4% to HK$1,637.7 million, Profit-After-Tax lifted 58% to HK$346.0 million; Sales coverage increased to around 10,500 hospitals and 2,110 pharmaceutical stores in the PRC; Obtained an approval for the registration and commercialisation of the preservative-free unit-dose Moxifloxacin Hydrochloride Eye Drops in the PRC; Significant progress in R&D program, 15 R&D programs in the pre-clinical to…
The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant PT Pertamina (Persero), has provided policy recommendations and actions for sustainable energy transition. The statement was delivered by Chair of B20 Energy, Sustainability, and Climate Task Force Nicke Widyawati during the 3rd stakeholder consultation task force energy, sustainability and climate sustainable finance held virtually on Friday (18/3). The Business 20, or B20, is an outreach group from the G20 that represents the international business community. “So as part of engaging group in the G20, the B20 Energy, Sustainability & Climate Task Force will provide policy recommendations and…
Revenue increases 9.9% to HK$3,866.3 million Net profit reaches HK$303.8 million despite headwinds Nissin Foods Company Limited (Nissin Foods or the Company, together with its subsidiaries, the Group; HKG: 1475) has announced its annual results today for the year ended 31 December 2021. Results Highlights — Revenue increased mainly resulted from high sales volume growth of Cup Noodles in Mainland China and an increase in revenue from the diversified portfolio in Hong Kong. — To celebrate Nissin Foods’ 5th listing anniversary in the Stock Exchange of Hong Kong and the 50th birthday of Cup Noodles, the Board has recommended a…
Registration for Infocus International Group top rated Mastering Solar Power online training has begun. The course will be commencing live on the 17th of May 2022. Throughout the 5 sessions, attendees will gain a good understanding of the key factors from an integrated, multidisciplinary and commercial viewpoint, including: target market analysis, economic competitiveness, channels-to-market, financing influences and risk, project development processes, best practices and emerging technologies. This programme schedule includes illustrations of key project development considerations, including energy yield, financial and other simple calculations, along with the chance to discuss key planning and market environment considerations. In keeping with the…
State-run oil and gas corporation PT Pertamina (Persero) has set a more comprehensive energy transition as the company’s priority program by increasing the energy mix to reduce greenhouse gas emissions. “Pertamina is committed to becoming an environmentally friendly and socially responsible company, which upholds good corporate governance,” President Director Nicke Widyawati noted in a statement on Monday. According to the statement, the company has played an important role in leading the green transition in Indonesia’s energy industry and targets a 30-percent reduction in emissions by 2030. It will prioritize the development of new and renewable energy to overcome environmental problems…
TOKYO & MUMBAI, Mar 22, 2022 – (ACN Newswire) – JCB International Co., Ltd. in association with National Payments Corporation of India, SBI Card and Yatra.com announced the launch of a unique co-branded “RuPay JCB Yatra SBI Card Contactless Credit Card”. This holiday-cum-shopping credit card is set to delight travellers and holiday lovers with exclusive travel benefits on booking flights and hotels which would be applicable 6 times a year. As a welcome onboarding gift, users of this card are entitled to Yatra.com vouchers worth INR 8250. They can use this voucher to book flight tickets, hotel reservations and the likes from Yatra.com. The…
Back by popular demand, Infocus International Group has announced the new dates for the Renewable Energy Power Purchase Agreements (RE PPAs) online workshop that will be commencing live on the 7th of June 2022. Unlike past fossil-fuel based Independent Power Project (IPP) models that featured standardized take-or-pay contracts – today’s renewable energy markets demand more innovative incentives to attract RE supply, conform to RE generation availability, ensure power system reliability, as well as more attractive and sustainable mixtures of fuel sources. This interactive 5-session workshop will provide clear explanations of the new models of RE PPAs risk allocation, of ensuring…
PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA] booked Rp17.81 trillion in sales 2021 as recorded in the financial statement for the period ended on 31 December 2021. This achievement was 7.7% higher compared with 2020. The largest contributor to sales was the infrastructure and building segment, followed consecutively by energy and industrial plant; industry; realty & property; and investment. WIKA’s President Director, Agung Budi Waskito (Agung BW) stated that the increase in sales suggested a positive recovery indicator in WIKA’s performance throughout 2021. “The increase in sales was on the back of operating activities that recovered gradually. In 2021, WIKA…