Author: Marie Jones

HONG KONG – (ACN Newswire) – Kingworld Medicines Group Limited (“Kingworld Medicines” or the “Group”, stock code: 01110.HK), a globally leading and well-known omni-channel enterprise with a complete supply chain in the greater health products and services industry in China, has announced its audited annual results for the year ended 31 December 2018 (the “Year Under Review”). For the Year Under Review, the Group continued to monitor changes in the macro environment. Consequently, the Group gradually implemented strategies for channel optimization of medicines, bolstered efforts at online and offline business expansion, actively introduced high-quality products and expedited the pace of financial investment, with…

Continuous fast growing own brand business led to 19.3% surge on net profit to RMB 150 million; Declared a final dividend of HKD 0.027 per share; The latest model and largest SOE in Sichuan becomes a major shareholder; Future development would be boosted HONG KONG – (ACN Newswire) – Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”), a leading seller and manufacturer of processed fruits products in China, announced its results for the six months ended 31 December 2019 (“Year under Review”). During the Year under Review, the Group has garnered fruitful results in both business expansion and internal…

Strategy Movement to Tap into SMIA Business Segment  Expands Revenue Stream and Diversifies Customer Base HONG KONG – (ACN Newswire) – Risecomm Group Holdings Limited (“Risecomm” or the “Group”) (Stock Code: 1679), a power-line communications (“PLC”) technology enterprises in China, has announced its annual results for the year ended 31 December 2018 (the “Review Year”). During the Review Year, the Group’s two major business segments, namely the automated meter reading (“AMR”) and other business and the Smart Manufacturing & Industrial Automation (“SMIA”) business, both reported growth led to the increase in total revenue of 49.9%, amounted to approximately RMB475.8 million. This is mainly…

Strives to Offer a Wider Range of Innovative and Sustainable Denim Fabrics to Further Expand Customer Base HONG KONG – (ACN Newswire) – Hingtex Holdings Limited (“Hingtex” or the “Group”; Stock Code: 1968), a leading denim fabric manufacturer of long-standing in Hong Kong targeting the mid-range to high-end market segment, today announced its results for the year ended 31 December 2018 (“the review year”). During the review year, the Group continued to strategically specialise in the manufacturing of stretchable denim fabrics and has managed to deliver a stable performance with revenue of HK$640.7 million (2017: HK$648.2 million) and gross profit of HK$200.6 million…

Revenue Grew by 25.7%; Great Achievements in SOE Hospital Take-overs HONG KONG – (ACN Newswire) – The board (the “Board”) of directors (the “Directors”) of Genertec Universal Medical Group Company Limited (the “Company” or “Universal Medical”) is pleased to announce the annual results of the Company and its subsidiaries for the year ended 31 December 2018. 2018 ANNUAL RESULTS HIGHLIGHTS – Revenue amounted to approximately RMB4,297 million, representing an increase of 25.7% as compared with that of approximately RMB3,419 million for 2017. – Profit before tax amounted to approximately RMB1,859 million, representing an increase of 17.9% as compared with that of approximately RMB1,576…

Obtains Exclusive Operating Rights to Yoshinoya in Henan, Shanxi and Shaanxi; Further Expands Store Network in Northern China with All Brands HONG KONG – (ACN Newswire) – Hop Hing Group Holdings Limited (“Hop Hing” or the “Group”; stock code: 47) has today announced its audited annual results for the year ended 31 December 2018 (“FY2018” or the “Year”). Financial Highlights – Revenue increased by 7.0% to HK$2,374 million – Gross profit increased by 6.4% to HK$1,499.6 million and gross profit margin remained stable at 63.2% – Strong growth from delivery sales: revenue from Yoshinoya and Dairy Queen’s delivery service increased by approximately 25.2%…

Two-Pronged “Health + Wealth” Strategy Leads towards Robust Future HONG KONG – (ACN Newswire) – Mason Group Holdings Limited (“Mason Group” or the “Group”, stock code: 273.HK) today announced its audited annual results for the year ended 31 December 2018 (the “Financial Year”). Benefitting from the continuing effectiveness of its “Health + Wealth” investment strategy, the Group successfully achieved a turnaround in 2018, with profit attributable to equity holders of the Group amounting to approximately HK$90.18 million. The Group’s net profit increased by 564.94% to HK$176.01 million during the Financial Year, while its turnover rose by 9.47% to approximately HK$4,074.27 million.…

Net Profit Climbs Near 50% to RMB3.043 Billion HONG KONG – (ACN Newswire) – China Mengniu Dairy Company Limited and its subsidiaries (together as “Mengniu” or the “Group”, Stock Code: 2319), a leading dairy product manufacturer in China, announced today its audited annual results for the year ended 31 December 2018. – In 2018, Mengniu was named the second consecutive year among the “Global Dairy Top 10” by Rabobank, and was on BrandZ(TM)’s list of top 20 most valuable Chinese brands for the fourth consecutive year, plus coming first in brand contribution. And, in 2019, for the first time, it made Brand Finance’s…

Sales from ClipFresh Branded Products with Higher Profit Margin Continues to Grow; Accelerates Business Growth through Product Innovation with Launch of 100 New Designs HONG KONG – (ACN Newswire) – Sun Cheong Creative Development Holdings Limited (“Sun Cheong” or the “Group”, stock code: 1781), the brand owner of “ClipFresh”, under which the Group designs, develops, manufactures and sells household products targeting the mid-range to high-end market segment, has announced its first audited annual results for the year ended 31 December 2018 (“FY2018” or the “Year Under Review”), after its listing on the Main Board of the Stock Exchange of Hong Kong Limited (“HKSE”)…

Disposal of International Energy will transform NSG to a total healthcare group NSG will reorganise its capital structure to position itself for dividend payments SINGAPORE – (ACN Newswire) – New Silkroutes Group Limited (“NSG”, or the “Company” and together with its subsidiaries, the “Group”) today announced that its wholly-owned subsidiary, New Silkroutes Capital Pte. Ltd, has signed a share sale and purchase agreement with TK Energy Limited for the disposal of the Company’s entire shareholding interests in International Energy Group Pte. Ltd. (“IEG”) for US$10,000,000 in cash. The consideration for the disposal was reached after arm’s length negotiation with the…

Loss Reduced, Profit before Tax Excluding Listing Expenses amounted to RMB9.1 Million; Continuous Focus on Research and Development; Lying Strong Foundation for Future Growth HONG KONG – (ACN Newswire) – Huakang Biomedical Holdings Company Limited (“Huakang Biomed” or the “Company”, together with its subsidiaries, the “Group”, stock code: 8622), a medical device group specialised in the research and development, manufacture and sale of a wide range of IVD reagents in PRC, is pleased to announce its first annual results for the year ended 31 December 2018 (the “Year”), since its listing on the GEM of The Stock Exchange of Hong Kong Limited (SEHK)…

Group Revenue Increased 15% Year-on-year to HK$1,164.2 Million; Group Adjusted Ebitda of HK$120.7 Million, up 429% Year-on-year; Announce Final Dividend of HK2.5 Cents Per Share HONG KONG – (ACN Newswire) – Paradise Entertainment Limited (“Paradise”, “Company” or the “Group”) (HKEx stock code: 1180) reported results for the twelve months ended 31 December 2018. FULL YEAR HIGHLIGHTS Paradise Entertainment: A Positive Year Turning from Loss to Profit – Full year Group Adjusted EBITDA increased by 429% to HK$120.7 million – Full year Group Revenue up 15% year-on-year to HK$1,164.2 million – Full year Net Profit of HK$53.2 million – Announce final dividend of HK2.5…

Molecular nanowires can be used for many applications, from LED lights to medical devices. Tsukuba, Japan – (ACN Newswire) – Silver, gold and copper nanowires are leading contenders for next-generation nanoscale devices, however greater understanding of how they work and improved production methods are needed before they can be widely used, explains a recent review in the journal Science and Technology of Advanced Materials. “Metal nanowires are used for numerous applications, but our understanding of their mechanical properties remains elusive,” says Nurul Akmal Che Lah, engineer at Universiti Malaysia Pahang. Lah and colleague Sonia Trigueros at the University of Oxford reviewed methods for…

JAKARTA – (ACN Newswire) – PT Astrindo Nusantara Infrastruktur Tbk (“BIPI”) succeeded in raising US$235 million from foreign creditors led by Barossa Assets Ltd. and Goldman Sachs Asia Strategic Pte. Ltd. to refinance the Credit Suisse loan facilities at Nixon Investments Pte Ltd (“Nixon”), at the end of 2018. The success of the funding indicates a high level of investor confidence in the Company’s financial performance and cash flows derived from providing the most consistent coal transportation logistics in the integrated energy infrastructure industry. The funds have been used to fully repay the Company’s subsidiary loans at Nixon Investment Pte. Ltd. that were…

HONG KONG – (ACN Newswire) – NetDragon Websoft Holdings Limited (‘NetDragon’ or the ‘Company’; Hong Kong Stock Code: 777), a global leader in building internet communities, today announced its financial results for fiscal year 2018. NetDragon’s management team will host an analyst briefing session at 9:00am Hong Kong time at The Clipper – 48/F, Two Exchange Square, Central on 27 March 2019 to discuss the financial results and recent business developments. Mr. Dejian Liu, Chairman of NetDragon, commented: “2018 was a record year for NetDragon, as both our revenue and operating profit reached record-highs. We recorded revenue of RMB5,037.5 million, up 30.2% year-over-year,…

WPS Office Products’ Ecosystem Continues to Evolve; Cloud Services Develop Rapidly across Verticals HONG KONG – (ACN Newswire) – Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its audited 2018 annual results and its unaudited fourth quarter results for the period ended 31 December 2018. For the year of 2018, the revenue of Kingsoft increased 14% year-on-year to RMB5,906.2 million. Revenue from the online games, cloud services and office software and services and others represented 43%, 38% and 19%, respectively, of the Company’s total revenue for the year of 2018.…

ASEAN’s sole representative named on the world stage for successfully redefining the way business is conducted KUALA LUMPUR – (ACN Newswire) – In celebration of International Women’s Day recently, Morgan Philips Group paid homage to five inspiring female entrepreneurs within the online arena and named Sharala Axryd, Founder and Chief Executive Officer of The Center of Applied Data Science (CADS) as one of the five women who have successfully redefined the way business is conducted. The only Asian on the list, Sharala is known for her passion in data science and established CADS to enable innovation by creating economic opportunities for those who…

Vancouver, BC – (ACN Newswire) – TransCanna Holdings Inc. (CSE:TCAN, XETR: TH8) (“TransCanna” or “the Company”) recently signed definitive documents to purchase for US$15 million a 196,000 sq ft vertically integrated facility in northern California as announced on March 20, 2018. Included in the purchase is a total of 5.567 acres of land and institutional grade packaging and extraction equipment. The Company retained the services of an independent third-party business valuation firm (the “Firm”) to determine the enterprise value of the proposed business to be conducted by the Company on the property. The Firm concluded with a valuation range of US$50 million -…

Targets on Mining High-grade Ore; Actively Increases Production Volume of Tin Metal HONG KONG – (ACN Newswire) – Greentech Technology International Limited (“Greentech Technology” or the “Company”, together with its subsidiaries the “Group”; stock code: 00195) is pleased to announce its audited annual results for the year ended 31 December 2018. During the reporting period, the business operation of Greentech Technology remained stable. The turnover, gross profit and gross profit margin were HK$431,969,000, HK$14,544,000 and 3.4% respectively, representing increase of 0.7%, and decrease of 72.2% and 8.8 percentage points respectively. Meanwhile, the profit attributable to shareholders and earnings per share were HK$39,345,000 and…

Coconut Creek, FL – (ACN Newswire) – via NEWMEDIAWIRE — NutraLife Biosciences, Inc. (“the Company” or “NutraLife”) (OTCQB: NLBS) notes current trends in the retail space including CVS Health Corp.’s announcement that it will carry products containing CBD derived from hemp in about 800 of its U.S. drugstores. NutraLife announces new additions to its NutraHempCBD product line with a micro shot CBD twist in 5 of its signature formulations including; sleep, pain, stress, weight, and energy. The NutraHempCBD twists are designed for on-the-go convenience and set to launch on April 15 of this year. “It is encouraging to see that mainstream retail giants…