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Design capital (01545.HK) appointed Yu Kangyi as the company secretary and authorized representative.
On September 27, Growth Capital (01545.HK) announced that Chung Hei Man has resigned as the company's company secretary; and in accordance with Rule 3.05 of the Securities Listing Rules of The Stock Exchange of Hong Kong Limited, as the authorized representative ("authorized representative"), effective from September 27, 2024, to pursue other opportunities. It was also announced on the same day that Yu Hongyi has been appointed as the company secretary and authorized representative, effective from September 27, 2024.
DESIGN CAPITAL: INTERIM REPORT 2024
Design capital (01545): The liquidation order will no longer be effective as of September 6th.
Design capital (01545) announced the liquidation application for Lianqing Private Limited Company (Lianqing). According to...
The design capital (01545.HK) had a half-year net profit of 0.253 million Singapore dollars, a decrease of 61.4%.
Design Capital (01545.HK) announced its interim performance for the six months ending June this year, with a turnover of 31.459 million Singapore dollars (similarly hereinafter), a year-on-year decrease of 32.1%. Net profit was 0.253 million dollars, a year-on-year decrease of 61.4%; earnings per share was 0.01 cents. No dividend.
Design capital (01545.HK) reported a mid-year profit of approximately 31.5 million Singapore dollars, a year-on-year decrease of approximately 32.1%.
Design capital (01545.HK) announced on August 29th that the group's earnings for the six months ending on June 30, 2024 were approximately 31.5 million Singapore dollars, a decrease of approximately 14.9 million Singapore dollars or 32.1% compared to the six months ending on June 30, 2023, which were approximately 46.3 million Singapore dollars. This decrease is mainly due to high interest rates, reduced disposable income, and reduced spending on non-essential items such as furniture, which has reduced the demand for furniture from the company's US market segment and ultimately led to a decrease in revenue. Despite the decline in revenue, the company is still able to manage costs carefully, allowing it to maximize its profitability.
DESIGN CAPITAL: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
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