Author: Marie Jones

HONG KONG – (ACN Newswire) – According to South China Morning Post’s report, the interim results posted by Legend Holdings Corporation for the six months to the end of June show continuing strong performance for its main business sectors and subsidiaries. Steady revenue growth was achieved in financial services and IT, as well as innovative consumptions and related services. There were also solid gains in advanced manufacturing, professional services and, especially large growth in agriculture and food. This confirms the success of plans and policies implemented in the three years since listing and points to further opportunities for expansion and strategic investment. In…

HONG KONG – (ACN Newswire) – Investment highlights: – Tubatu is the first company that has realized profit in the industry, with the adjusted net profit of RMB63.50 million in 2017 – In terms of MUV, GMV, transaction value and platform revenue, Tubatu ranks No. 1 in the industry and is far ahead of its peers – While favored repeatedly by top VC/PE firms such as Matrix Partners China and Sequoia Capital in the pre-IPO rounds of investment, Tubatu also received the strategic investment from WUBA (58.com), which is win-win cooperation…

HTSC reported net profit increase with top-tier performance across various businesses HONG KONG – (ACN Newswire) – HTSC (the “Company”; stock code: 6886) is pleased to release its interim report for 2018, with total revenue and other income reaching RMB11.98 billion. The profit for the period attributable to the shareholders of the Company amounted to RMB3.16 billion, up by 5.53% year-on-year. Despite unfavorable market environment, HTSC continued to accelerate transformation of wealth management business, and maintain strong momentum in all businesses with solid increase in operating performance. Retail Business Continuously Pioneering the Industry As the commission rate for stock and fund…

HONG KONG – (ACN Newswire) – Golden Finger (Shenzhen) Block Chain Tech Co.,Ltd, Blockchain Industry Analyst Association, and BITWORK had signed a cooperation agreement. The ceremony was held at the BITWORK Headquarter, attended by Managing Director of Golden Finger (Shenzhen) Block Chain tech Co.,Ltd, Mr. Austin Leung; Founder of Blockchain Industry Analyst Association, Dr. Colin Lee; and Academic Director of BITWORK, Mr. Eric Dao. Meanwhile, Manager of the China Information Industry Association (CIIA), Mr. Xie Jinyie were also invited to witness this legendary moment. This blockchain educational training programme is designed to introduce blockchain technology to the community through blockchain educational trainings, seminars,…

Proactively Enhances Production Capacity and Efficiency Poised to Capture Growing Demand for Denim Fabric HONG KONG – (ACN Newswire) – Hingtex Holdings Limited (“Hingtex” or the “Group”; Stock Code: 1968), a long-standing and leading denim fabric manufacturer in Hong Kong targeting the middle- to high-end market segment, today announced its results for the six months ended 30 June 2018 (the “review period”), representing its first results announcement since listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) in July 2018. Although the growing trade tensions between the United States and the People’s Republic of China have…

Successfully Transformed Growth Momentum and Revenue Growth Hit 6-year High Expediting Transformation towards Digital Services and Embarking New Smart Journey 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 unaudited interim results for the six months ended 30 June 2018. HIGHLIGHTS: – All three markets and all three businesses of the Group showed a stronger development impetus compared to the same period of last year, demonstrating accelerated growth rates. – Customer revenue structure optimized noticeably, with the proportion of Core Businesses revenues from…

Possessing huge land bank ensures sustainable development Exploring strategic cooperation for mutual benefits HONG KONG – (ACN Newswire) – Greenland Hong Kong Holdings Limited (“Greenland Hong Kong” or the “Company”, stock code: 337.HK) a subsidiary of Greenland Holdings Corporation Limited (“Greenland Holdings”), which is a leading global real estate company, announced its unaudited interim results for the six months ended 30 June, 2018 (the “period under review”). Business Highlights (As of 30 June 2018) – Profit for the period attributable to owners of the Company was approximately RMB332 million, representing a year-on-year increase of 46% – Core net profit* for the period was…

Transformed into a Consumer Brand Business with Solid Growth Diversified product strategy to consolidate market leadership 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 30 June 2018 (“Review Period”). During the Review Period, the Group strived to develop its business, actively expanded its sales channels, and launched a richer product line to the market. The sales performance and brand awareness were further enhanced. The Group maintained parallel development strategy of its own…

– Profit Attributable to Shareholders Increased 73% to RMB34.4M – Striving to Become an Integrated Smart Energy Provider in China – HK IPO in progress HONG KONG – (ACN Newswire) – Changfeng Energy Inc. (Changfeng), a company listed on the Toronto Venture Exchange (TSXV:CFY), today announced its interim results for the six months ended 30 June 2018 (1H 2018). Highlights: – Revenues increased by 20% to RMB204.9M (1H 2017: RMB170.2M) – Gross profit grew by 14% to RMB89.2M (1H 2017: RMB78.3M) – Profit attributable to shareholders from continuing operations increased by 73% to RMB 34.4M (1H 2017: RMB19.8M) – Total gas volume sold…

Steady Improvement and Maintain High Quality 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 unaudited interim results for the six months ended 30 June 2018. In 2018, the total revenue of TravelSky amounted to RMB3,521.7 million, representing an increase of 12.7% year-on-year. Profit before taxation increased 14.4% to RMB1,639.1 million. Profit attributable to the equity holders of the Company increased 13.2% to RMB1,347.5 million. Basic and diluted earnings per share were RMB0.46. During the period under…

Korea’s ETRI will present some of its innovative advancements this week at Internationale Funkausstellung (IFA), the world’s largest consumer electronics trade show. Daejeon, KOREA – (ACN Newswire) – Korean researchers will demonstrate how to transmit data faster than the blink of an eye at Berlin Internationale Funkausstellung (IFA), the world’s largest consumer electronics trade fair, from Aug. 31 to Sept. 5. High-speed cloud service, robotic vision, and harmful media detection; All are among the technological advancements that ETRI is showcasing at IFA 2018: 1. Faster, Bigger Cloud Storage ETRI researchers developed virtual infrastructure for secure, large-scale data storage accessed quickly whenever and wherever…

HONG KONG – (ACN Newswire) – Although “a poor craftsman blames his tools”, it is true that using appropriate tools will give multiplying effects. Ever since 1954, when the first non-stick pan was launched, Tefal has been adhering to the motto of “make your everyday life easier”. Till now, Tefal has developed a whole and complete Kitchen Partner Series, where users can find everything they need, ranging from preparing ingredients to making juices, from cooking appliances to cookware. Tefal Kitchen Partner Series includes, but not limited to, 3 main products: UltraBlend Cook blends and cooks at the same time, its high speed brings…

Growth of Two Major Businesses Drives Total Revenue Increases 27.0% Poised to Face a New Phase of Upgrades for Smart Meters in China HONG KONG – (ACN Newswire) – Risecomm Group Holdings Limited (“Risecomm” or the “Group”) (Stock Code: 1679), one of the largest power-line communications (“PLC”) technology enterprises in China, has announced its interim results for the six months ended 30 June 2018 (the “period under review”). During the period under review, the Group achieved growth in both the automated meter reading (“AMR”) business and the smart energy management (“SEM”) business, driving revenue to increase by approximately 27.0% to approximately…

HONG KONG – (ACN Newswire) – AnApp Blockchain Technologies Ltd ( AnApp ), the IoT blockchain developer behind IOTW, a new cryptocurrency for IoT applications, is one of the blockchain technology companies selected by NTT DOCOMO, Japan’s largest mobile communications company, to develop IOTW Micro-Mining for its ‘5G Open Partner Program’. AnApp is taking an innovative approach, putting IOTW’s PoA (Proof of Assignment) and Micro-mining algorithms into IoT devices without adding hardware cost. It opens the door for new industries beyond telecommunications that are looking to revolutionize with DOCOMO products through IOTW’s innovative technologies, such as cell phone, IoT devices, high definition video,…

– Continuing to Achieve Strategic Goals and Steady Growth of Overall Value HONG KONG – (ACN Newswire) – Legend Holdings Corporation Limited (Legend Holdings; 3396.HK) today announced its unaudited condensed consolidated interim results for the six months ended June 30, 2018. During this period, Revenues were RMB156.549 billion, representing a year-on-year growth of 10%. The net profit attributable to equity holders of the Company was RMB2.830 billion, representing a year-on-year growth of 5%. The basic earnings per share came in at RMB1.21, a year-on-year growth of 5%. As the first pilot company of H-share Full Circulation Project, Legend Holdings completed its listing in…

– Proposed final dividend of 1.0 cent per share and a special dividend of 0.3 cents per share – Burn-In Services continued its growth trajectory due to increased demand from automotive semiconductor industry – Slowdown in the electronics manufacturing and semiconductor industries impacted Group’s overall performance, particularly Engineering Services SINGAPORE – (ACN Newswire) – Avi-Tech Electronics Limited (“Avi-Tech”, SGX: BKY), a total solutions provider for burn-in services, manufacturing and PCBA services and engineering services for the semiconductor, electronics and life sciences industries, announced its financial results for the fourth quarter (“4Q2018”) and financial year (“FY2018”) ended 30 June 2018. ———————————————————————- S$ Million 4Q2018…

The first interim results after the Group expanded the core capital with profit and revenue growth After tax profit of approximately HK$30.76 million, representing an increase of 43% period-on-period HONG KONG – (ACN Newswire) – China Tonghai International Financial Limited (“Tonghai Financial” or the “Group”, Stock Code: 952.HK), is pleased to announce its interim results for the six months ended 30 June 2018. Snapshots (For six months ended 30 June 2018) – The Group recorded an after-tax profit of approximately HK$30.76 million (interim period in 2017: HK$21.45 million), representing an increase of 43%. – The Group’s revenue increased by 20% to HK$268 million…

HONG KONG – (ACN Newswire) – Tempus Holdings Limited (“Tempus Holdings” or the “Company”, stock code: 6880.HK) was pleased to announce its interim results for the six months ended 30June 2018 (the “Reviewed Period”). During the Reviewed Period, the revenue and gross profit remained stable, with a revenue of approximately HK$387.0 million, representing an increase of 0.3% as compared with approximately HK$385.8 million (restated) for the same period of 2017. Profit for the year was HK$7.1 million, representing an increase of approximately 61.4% as compared with approximately HK$4.4 million (restated) for the same period of 2017. The increase in profit for the Reviewed…

Building a New Retail Ecosystem Integrating Online and Offline Operations; Providing Complete Omni-channel Operation Services; Continuously Optimising Product Portfolio; Expands Coverage of Medicine and Greater Health Industry 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 offering a complete supply chain spanning the greater health products and services industry, has announced its unaudited interim results for the six months ended 30 June 2018 (the “Period”). During the period, as the main products have actively optimised product channels, sales grew steadily, and the Group continues to…

HONG KONG – (ACN Newswire) – Legend Holdings Corporation Limited (“Legend Holdings” or the “Company”; stock code: 3396.HK) today announced the unaudited condensed consolidated interim results for the six months ended June 30, 2018 (the “Reporting Period”). During the Reporting Period, the revenue of Legend Holdings was RMB156.549 billion, representing a year-on-year growth of 10%. The net profit attributable to equity holders of the Company was RMB2.830 billion, representing a year-on-year growth of 5%. The basic earnings per share came in at RMB1.21, a year-on-year growth of 5%. As the first pilot company of H-share Full Circulation Project, Legend Holdings completed its listing…