JAKARTA – (ACN Newswire) – Property developer PT Intiland Development Tbk (Intiland; DILD) reported a 16 percent increase in revenue to Rp2.6 trillion in 2018 from Rp2.2 trillion in 2017. The revenue performance was achieved amid an unfavourable property market in 2018. Intiland’s Director of Capital and Investment Management, Archied Noto Pradono explained that the increase in revenue in 2018 was mainly contributed by an increase in development income from the mixed-use and high-rise, landed residential, and industrial estate segments. In addition, the Company has also successfully increased its recurring income. “The increase in revenue was mainly due to recognition of sales from…
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HONG KONG – (ACN Newswire) – The leading international engineering contractor, China Machinery Engineering Corporation (“CMEC” or the “Group”, stock code:1829.HK) is pleased to announce the audited consolidated results for the year ended December 31,2018 (“the Reporting Period”). 2018 Annual Results Financial Highlights For the year ended December 31,2018, the Group – Revenue amounted to RMB28,862.6 million, representing an increase of 5.4%; – Net profit attributable to owners of the parent amounted to RMB2,131.5 million, representing an increase of 20.1%; – Basic earnings per share amounted to RMB0.52, representing an increase of 20.9%; – The board recommended that a final dividend of RMB0.2067…
HONG KONG – (ACN Newswire) – Champion Real Estate Investment Trust (stock code: 2778) is pleased to announce the successful signing of HK$5.3 billion five-year unsecured loan facilities with nine leading financial institutions in Hong Kong. The new five-year unsecured facilities comprise of a HK$5.0 billion term loan facility and approximately HK$300 million revolving credit facility, with interest margin of 95 basis points over HIBOR. The refinancing received strong support from the participating banks and resulted in over-subscription. In addition to refinancing the HK$3.7 billion secured loan due this year, the new term loan facility will be used to early refinance HK$1.3 billion…
In Recognition of its Extraordinary Achievements in Asset Management and Diversified Securities Management HONG KONG – (ACN Newswire) – Tonghai Financial has reached new heights of excellence in Financial Services, sweeping two accolades at Financial Services Awards of Excellence 2019 – China Tonghai Asset Management scooped the Awards of Excellence-Asset Management while China Tonghai Securities garnered the Awards of Excellence-Diversified Securities Management. The Award presenting ceremony was successfully held on 29 of March 2019. Mr. Army Yan, Chief Investment Officer of Tonghai Financial attended the award ceremony and accepted the award, says, “The awards honour Tonghai Asset Management with significant recognition and encouragement.…
Profit for the year increased significantly to RMB489.4 million by 234.0% HONG KONG – (ACN Newswire) – The board (the “Board”) of directors (the “Directors”) of DaFa Properties Group Limited (the “Company”, together with its subsidiaries, the “Group”) is pleased to announce the consolidated results of the Group for the year ended 31 December 2018 (Reporting Period). Financial Highlight: – Revenue was RMB5,946.0 million, representing an increase of approximately 30.1% over the same period of 2017 – Profit for the year increased significantly to RMB489.4 million by 234.0% for the year ended 31 December 2018； – Gross profit was RMB1,582.0 million, representing an…
Revenue Up 41% to RMB20.9 Billion and Net Profit Climbs 317% to RMB9 Billion HONG KONG – (ACN Newswire) – Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Company”, together with its subsidiaries, the “Group”) (HKEX:1177), a leading and innovation-driven pharmaceutical conglomerate in the PRC, has announced its annual results for the year ended 31 December 2018. Results Highlights – The Group’s revenue and net profit significantly increased by approximately 41.0% and 316.7% respectively, mainly due to sustained organic growth of its principal businesses and consolidation of the financial figures of Beijing Tide upon completion of the Acquisition. Excluding the impact of the gain…
Recorded Revenue Reached RMB 54.79 billion Representing a YoY Increase of 7.35% HONG KONG – (ACN Newswire) – Shandong Gold Mining Co., Ltd. (stock code: 1787.HK) is pleased to announce the audited consolidated annual results of the Company and its subsidiaries for the year ended 31 December, 2018. During the Reporting Period, in accordance with the requirements of high quality development, the Company focused on strengthening strategic orientation and tapping into the development potentials. Also, the Company emphasized on quality and efficiency enhancement and increased the development quality, while enhancing enterprise reform and optimizing development mechanism. The Company highlighted conversion of drivers to…
Cambridge, UK – (ACN Newswire) – Cambridge Innovation Capital plc (CIC), the venture capital investor focused on intellectual property rich technology and life science businesses in the Cambridge ecosystem, has completed a funding round of GBP150 million, bringing the total amount of capital raised to date to GBP275 million. The financing was supported by a geographically diverse range of new institutional and strategic investors, with the University of Cambridge and Cambridge University Endowment Fund contributing the cornerstone investment. The financing is one of the largest private financing rounds in Europe this year and more than doubles the financial resources available to CIC. The…
Steadily Develops Traditional Businesses Actively Develops Financial Technology Services HONG KONG – (ACN Newswire) – China Success Financial Group Holdings Limited (“China Success Finance” or the “Company”, together with its subsidiaries the “Group”, stock code: 3623.HK) is pleased to announce its audited annual results for the year ended 31 December 2018. During the year under review, the financial performance of the Group generally improved and recorded a turnaround to profit as compared with the first half of the year. The Group invested resources in transforming its businesses and moderately investing in resources, net income from financial guarantee business achieved a 365.5% increase as…
SINGAPORE – (ACN Newswire) – Biolidics Limited (“Biolidics” or the “Company”), a medical technology company with a focus on cancer diagnostic solutions, is pleased to announce that its laboratory partner in China, Hunan Agen Medicine Laboratory Technology Co., Ltd. (“Hunan Agen Lab”), will start offering the LDTs (related to circulating tumour cells (“CTCs”)) as clinical services to cancer patients, using Biolidics’ ClearCell(R) FX1 System and CTChip(R) FR1 biochips. Serving various hospitals in Hunan Province including two major hospitals, Xiangya Hospital Central South University and Hunan Cancer Hospital, Hunan Agen Lab provides multidisciplinary diagnostics, including clinical cellular and molecular genetics, clinical pathology, clinical immunology,…
MUNICH, GERMANY / ACCESSWIRE – (ACN Newswire) – Hanwha Q-Cells issued a press release on March 25, 2019 following the filing of patent infringement proceedings in the Federal Court of Australia against REC Group, BayWa r.e. Solar Systems, and Sol Distribution. In the claim against REC Group, Hanwha did not provide full particulars of their allegations despite REC Group’s requests for the same and went ahead to commence proceedings in the Federal Court of Australia. Based on REC Group’s preliminary analysis of Hanwha’s complaints and the asserted patent, REC Group is confident that it does not infringe Hanwha’s patent, and will vigorously defend…
Steady Rises in Revenue and Profit, With Profit Reaching RMB167.2 Million and Final Dividends of RMB0.06 Per Share (Tax Inclusive) HONG KONG – (ACN Newswire) – Luzhou Xinglu Water (Group) Co., Ltd.* (“Xinglu Water” or the “Company”, stock code: 2281) announced the audited consolidated results for the year ended 31 December 2018 (the “Reporting Period”). During the Reporting Period, the Company posted revenue of RMB1,218 million, up 12.6% year-on-year; profit of RMB167 million, up 17.2% year-on-year; profit attributable to owners of the Company of RMB154 million, up 17.4% year-on-year; basic earnings per share of RMB0.18, up 12.5% year-on-year. The Company proposed the payment…
Net Loss Declines More Than 90% to HK$7.38 Million HONG KONG – (ACN Newswire) – Rare earth and refractory materials manufacturer China Rare Earth Holdings Limited (“China Rare Earth” or the “Group”) (stock code: 769) reported a net loss of HK$7,376,000 for the year ended 31 December 2018, representing a sharp decline of more than 90% relative to HK$84,781,000 last year and reflecting a significant improvement in the Group’s operation. Financial Highlights 2018HK$’000 2017HK$’000 Change Rare Earth Segment Revenue 554,515 386,533 +43% Refractory Materials Segment Revenue 347,580 250,629 +39% Total Revenue 902,095 637,162 +42% Net Loss 7,376 84,781 -92% Loss Per Share 0.23…
Scientific and Technological Innovation Development Enhances Sustainable Development HONG KONG – (ACN Newswire) – TravelSky Technology Limited (“TravelSky” or the “Group”; HKEX stock code: 00696), a leading provider of information technology solutions for China’s aviation and travel industries, announced its audited annual results for the year ended 31 December 2018. In 2018, the total revenue of TravelSky amounted to RMB7,472.1 million, representing an increase of 11.0% year-on-year. Profit before taxation increase 0.7% to RMB2,650.4 million. Profit attributable to the owners of the Company increase 3.4% to RMB2,325.1 million. Basic and diluted earnings per share were RMB0.79. The Board of Directors recommended a final…
Thailand-based global hospitality company on course to become one of the largest international hotel operators in the Philippines by 2021 BANGKOK – (ACN Newswire) – Dusit International, one of Thailand’s leading hotel and property development companies, is set to expand its presence in the Philippines this month with two hotels opening over two days – each offering special opening rates. On 29 March 2019, Dusit will open the five-star Dusit Thani Mactan Cebu in a beachside location on the scenic Punta Engano peninsula of Mactan island, approximately 10 kilometres from Cebu City in the…
Five Segments of Strategic Investments Recorded Profits; Breakthroughs of Building Pillar Assets HONG KONG – (ACN Newswire) – Legend Holdings Corporation Limited (“Legend Holdings” or the “Company”; stock code: 3396.HK) today announced the audited annual results for the year ended December 31, 2018 (the “Reporting Period”). During the Reporting Period, the revenue of the Company increased by 13% year-on-year to RMB358.92 billion. The net profit attributable to equity holders of the Company decreased by 14% to RMB4.362 billion, mainly caused by the decrease in the fair value of the financial assets invested as financial investments businesses were impacted by capital market. The basic…
Profit attributable to the owners of the Company increased significantly by 79.9% to approximately HK$418 million; Sales exceeded HK$1.1 billion; Obtained substantial breakthrough in research and development HONG KONG – (ACN Newswire) – Lee’s Pharmaceutical Holdings Limited (“Lee’s Pharm” or the “Group”, Stock Code: 950), an integrated research-driven and market-oriented pharmaceutical group in China, today announced its annual results for the year ended 31 December 2018 (the “year under review”). The Group generated a revenue contribution of HK$1,137,626,000 from the sales of pharmaceutical products in 2018, representing a growth of 12.8% as compared to that of in 2017. Major six products contributed 94.0%…
Total AUM Increases 11% to HK$143.5 billion HONG KONG – (ACN Newswire) – China Everbright Limited (“Everbright” or “the Group”, stock code: 165.HK) today announced its annual results for the year ended 31 December 2018. The year 2018 was filled with challenges for the private equity investment and asset management industry. In spite of the challenges, Everbright took full advantage of its cross-border investment platform and delivered solid performance with a set of stable and healthy business indicators. Last year, the Group’s total AUM surged to HK$143.5 billion, an increase of 11%. The Group has 62 actively managed funds which…
HONG KONG – (ACN Newswire) – China Communications Services Corporation Limited (“China Comservice” or the “Company”), and its subsidiaries (the “Group”) (HKSE code: 552), today announced its audited annual results for the year ended 31 December 2018. HIGHLIGHTS: – Enter into a new development stage : continued to transform growth momentum which drove revenue to leap from ten-billion to hundred-billion level – Innovation to drive new development : enriched our Smart Solutions and propelled our software related businesses to sustain rapid development, with growth rate more than 20% – Build the new “Smart” brand : accelerate transformation towards digital services, enhance the brand…
Revenue and Operating Data of the Flagship Product “Warframe” Hit New Highs; Profit Attributable to the Owners of the Company Surged by 131.8% to US$20.4 million HONG KONG – (ACN Newswire) – The global market leader in free-to-play multiplayer online games, Leyou Technologies Holdings Limited (“Leyou Technologies”, and its subsidiaries collectively “the Group”; stock code: 1089) is pleased to announce its annual results for the year ended 31 December 2018. Driven by the flagship product “Warframe”, the Group had achieved encouraging annual results in 2018. During the year, the total revenue of the Group increased by 36.6% to US$227.7 million; gross profit increased…