BANGKOK — SET-listed digital finance firm Group Lease Public Company Limited (“GL”; SET: GL) has reported a 337.69 million baht net profit in the second quarter this year, up 31.70% from the same period last year, representing the 11th consecutive quarter of new record-high profits. “The Q2/2017 profits have resulted from steady improvements in all the markets in which we operate,” stated Mr. Tatsuya Konoshita, chairman of GL’s executive committee. GL’s corporate footprint now covers a total of seven Asian markets, including its home base in Thailand, neighboring Cambodia, Laos, Myanmar, Singapore, Indonesia and Sri Lanka. In an official filing with…
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Building a New Corporate Image & Promoting the China Aerospace-Themed Tourism Township Project HONG KONG — The Board of China Household Holdings Limited (“China Household” or the “Group”; Stock Code: 692) announced today a proposition to change the name of the company from “China Household Holdings Limited” to “Shenzhou Space Park Group Limited” (“Shenzhou Space Park”), and its Chinese name from “China Household Holdings Limited” to “Shenzhou Space Park Group Limited” in order to better reflect its new business nature, to build up a new corporate image and to promote the development of the China Aerospace-Themed Tourism Township Project. The proposed…
HONG KONG — Kingston Financial Group Limited (1031) announced that the Group has been included as a constituent of the Hang Seng Composite LargeCap & MidCap Index with effect from 4 September 2017 (Monday). The listed companies included in Hang Seng Composite LargeCap & MidCap Index are representative corporations in the Hong Kong stock market. The constituent companies have to meet the criteria on market capitalization, turnover, business performance and financial position. The inclusion in Hang Seng Composite LargeCap & MidCap Index reflects the solid foundation and high potential of Kingston Financial Group. The Board of Kingston Financial Group stated, “The…
New World Class Facility in Ke Chuang Focused on Capturing Cloud Era Business Opportunities HONG KONG — CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), announced that its subsidiary, China Enterprise ICT Solutions Limited (“China Entercom”), has launched a new cloud data center in Ke Chuang, located in Beijing’s high-tech town of Yizhuang. This new data center marks an important step in CITIC Telecom CPC’s plans to reinforce its cloud data center strategy by leveraging its subsidiary to achieve an integrated data center system. It also serves as a milestone…
Global Growth Driven by Cordless Product Innovations and Continued Strong Performance in our Power Equipment Business; Revenue Increases 7.3% and Profit Increases 15.5% HONG KONG — Hong Kong-based global power equipment and floor care company Techtronic Industries Co. Ltd. (“TTI”/ The TTI Group) (stock code: 669, ADR symbol: TTNDY) reported another set of record results in the first half of 2017 on strong revenue growth and excellent operational productivity. Revenue, gross profit and net income all reached record levels for the period. Revenues grew 7.3% to US$2.9 billion and 8.1% before currency adjustment. Net profit margins improved by 50 basis points…
Profit for Period Reaches RMB1.211 Billion, Core Profit Surges 106% to RMB939 Million Gross Profit Margin Increases Significantly by 5 Percentage Points to 31% HONG KONG — China SCE Property Holdings Limited (“China SCE” or the “Group”) (stock code: 1966), announced its interim results for the six months ended 30 June 2017 (“the period under review”). For the period under review, the Group’s sales income was approximately RMB8.2 billion, representing year-on-year growth of 41%; gross profit was approximately RMB2.505 billion, representing year-on-year growth of 68%; and gross profit margin increased 5 percentage points to 30.7%. The increase in gross profit margin…
Cultivating Talent and Creating a Brighter future for the industry HONG KONG — Perfect Group International Holdings Ltd (“Perfect Group”, together with its subsidiaries, the “Group”) (Stock code: 3326), a leading wholesaler and manufacturer of premium jewelries in Hong Kong, is pleased to announce that the Chairman and CEO of the Group, Mr. Kan Kin Kwong becomes the President of the Hong Kong Gold & Silver Ornament Workers and Merchants General Union (the “Union”), and will continue contributing to the long-term development of Hong Kong jewelry industry. Hong Kong Gold & Silver Ornament Workers and Merchants General Union was established in…
SINGAPORE — Singapore eDevelopment Ltd (SeD; SGX:SGE) has announced that its indirect subsidiary, Global BioLife Inc., is collaborating with U.S.-based Chemia Corporation to develop specialised fragrances which can counter mosquito-borne diseases, diminish stress and anxiety, and act in anti-viral medical applications. 3F (Functional Fragrance Formulation) is a suite of functional fragrances being developed. The first product, 3F Mosquito, is made of specialised oils sourced from botanicals which mosquitoes avoid. 3F Mosquito was designed with an objective to identify, then create a suitable formula that was pleasant, yet excels in providing layers of protection against mosquitoes. Daryl Thompson, Global BioLife Director of…
– Distributable Income up 7.5%, Distribution per Unit up 7.2% – The office portfolio continued to see positive rental reversion – Proactive liability management – raised fixed rate debt proportion to 50% HONG KONG — Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2017. Overview For the first half of 2017, Champion REIT recorded solid growth in rental income and distribution per unit of 5.3% and 7.2% year-on-year respectively. The growth was driven mainly by positive rental reversion in the Trust’s…
Expands Health Food Business Leveraging Advanced Japanese Technology HONG KONG — PuraPharm Corporation Limited (“PuraPharm” or the “Group”, HKEX: 1498), a leading Hong Kong-based Chinese medicine company, has announced that it entered into share purchase agreements through its Japanese subsidiary to acquire SODX Co., Ltd. (“SODX”), a Japan-based company that principally engages in the manufacturing and sale of health food in Japan, at a total consideration of JPY244.0 million (equivalent to approximately HK$17.1 million). Upon completion of the acquisition, SODX will become an indirect wholly-owned subsidiary of the Group. Based in Izumi City, Osaka, Japan, SODX is certified by the Japanese…
HONG KONG — Flying Financial Service Holdings Limited (“Flying Financial” or “Company” and its subsidiary companies called “Group”; Stock Code: 8030.HK) was pleased to announce the unaudited condensed consolidated results of the Group for the six months ended 30 June 2017 ( “Reporting period”). During the reporting period, the Company’s performance improved steadily, the revenue increased by approximately 31.6% compared with 2016 to approximately RMB190.3 million, the increase in the revenue was mainly due to the contribution of investment income from the property development projects through limited partnerships; Profit attributable to owners of the Company was approximately RMB75.7 million as compared…
HONG KONG — China’s leading green technology real estate developer and operator Modern Land (China) Co., Limited (“Modern Land”, the “Company”), together with its subsidiaries (the “Group”), stock code: 1107.HK, is pleased to announce the Group’s unaudited operating statistics for the 2017 Interim Results. HIGHLIGHTS – Achieved contracted sales of approximately RMB9,036.3 million, representing an increase of approximately 21.3% as compared to the corresponding period in 2016. – Revenue increased to approximately RMB4,294.4 million and profit for the period increased to approximately RMB534.7 million as compared to the corresponding period in 2016. – The Group’s total asset as at 30 June…
HONG KONG –FDG Electric Vehicles Limited (“FDG”, stock code: 00729.HK) is pleased to announce that its U.S. JV Chanje has entered into strategic partnership with Ryder System, Inc. (“Ryder”, NYSE: R), a leading company in commercial fleet management, dedicated transportation, and supply chain solutions in the US. Ryder will become the exclusive sales channel partner and service provider for Chanje. As part of the strategic cooperation, Chanje has received the initial order from Ryder, the first of which will be distributed to Ryder locations in U.S. markets and be available for ChoiceLease customers in the coming weeks. Besides, a portion…
Continuous upgrading to expand business to achieve win-win in economic and social benefits HONG KONG — Fu Shou Yuan International Group Limited (“Fu Shou Yuan” or the “Company” together with its subsidiaries, the “Group”, stock code: 1448.HK), the largest death care services provider in the PRC, has its interim results for the half year ended June 30, 2017 (the “Period”) announced on August 11, 2017. In the first half of 2017, Fu Shou Yuan recorded significant growth with its extensive expansion in business coverage, even the slowdown in Chinese economic growth pace. The Group’s revenue amounted to RMB 770.2 million during…
Revenue and Profit Attributable to Shareholders Increased by Approximately 36.1% and 51.0%, Respectively; The Company aims to become a leading infant formula supplier in the world as well as the most trustworthy nutrition product supplier and nutritional and health adviser in the PRC HONG KONG — Ausnutria Dairy Corporation Ltd (“Ausnutria” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1717.HK), a leading dairy industry company with production facilities principally based in the PRC, the Netherlands and Australia, is engaged in the production and distribution of all dairy products (including infant formula) and nutrition products. Today, the Group announced…
SEOUL, KOREA — Suprema, a global leader in biometrics and identity solutions, today announced that the company’s BioSign mobile fingerprint authentication algorithm has been loaded in Samsung Galaxy J5 2017 and Galaxy A7 (for SK Telecom) smartphone models. Partnering with Egis Technology, a Taiwan-based sensor provider, Suprema provides its integrated solution to global smartphone manufacturers. Earlier in February 2017, Suprema introduced BioSign 2.0 at Mobile World Congress at Barcelona. Enhanced by latest AI technology, BioSign 2.0 supports small fingerprint sensors and offers robust authentication performance over time and environment. Moreover, BioSign 2.0 provides exceptional versatility in integration as it supports different…
SEOUL, KOREA — Suprema, a global leader in biometrics and ID solutions, has announced that the company’s latest BioMini Slim 2 fingerprint scanner is integrated into IdentaMaster(R)/IdentaMaster(R).Pro, a biometric matching system from IdentaZone. Developed by IdentaZone, a New York-based biometrics powerhouse, IdentaMaster/IdentaMaster.Pro revolutionizes the biometrics market by offering the first system of its kind designed for consumer and enterprise use. IdentaMaster/IdentaMaster.Pro is an identity management and encryption with biometric authentication solution that is compatible with and interoperable with a variety of biometric devices and biometric technologies currently available on the market. While IdentaMaster/IdentaMaster.Pro works with a wide range of fingerprint scanners,…
Revenues from new Games & Entertainment division HONG KONG — AGTech Holdings Limited (SEHK code: 8279) today announced its financial results for the six month period ending June 30, 2017. “AGTech reported revenues of HK$54.1 million in the first half of 2017, with revenues contributing from sales from lottery hardware, lottery games and systems, lottery distribution, as well as new initiatives launched in the games and entertainment division,” said John Sun, Chief Executive Officer of AGTech Holdings Limited. “Despite the decrease in revenue mainly from reduced sales of lottery hardware, which is highly regulated and the timing of orders from customers…
HONG KONG — Winson Holdings Hong Kong Limited (“Winson” or the “Group”; stock code: 8421), a Hong Kong-based service provider specialising in environmental hygiene services and airline catering support services, has announced its unaudited quarterly results for the three months ended 30 June 2017 (“2017” or the “Period under Review”). During the Period under Review, the Group’s primary business activities, namely environmental hygiene service and related services and airline catering support services continued to perform favourably, with the combined revenue from the two businesses rose by approximately 7.2% year on year to approximately HK$122.1 million. Despite facing greater labour cost pressure…
Aspires to Become an Integrated New Energy Enterprise; Expands to Provide a Comprehensive Scope of Services and Enrich Income Sources HONG KONG — Northern New Energy Holdings Limited (“Northern New Energy” / the “Group;” stock code: 8246) has today announced its interim results for the six months ended 30 June 2017. During the period under review, the Group has actively strengthened the integrated capabilities of its New energy business team to be fully prepared for the peak season in the second half of the year. During the period under review, the revenue of the Group amounted to RMB56.5 million (Corresponding period…