ISP Group Acquires RM188.5 Million Worth Of Industrial Assets
ISP HOLDINGS: INTERIM REPORT 2024
ISP Holdings Reports Increased Gross Profit Amid Losses
Shengbo Holdings (02340.HK): The mid-term shareholder's share of the loss was 10.5 million Hong Kong dollars.
On August 22nd, Ascendas Property (02340.HK) announced that for the six months ended June 30, 2024, the group recorded comprehensive income of approximately HKD 47.5 million, a 40.0% decrease compared to the same period last year. Due to the final acceptance of more practical engineering final payments by several subcontractors of completed projects, the gross margin increased from approximately HKD 4.9 million in the same period last year to approximately HKD 7.9 million, also increasing the gross margin rate by 10.4% compared to the same period. On the other hand, although the group did not make any further provisions for the provision of litigation fees based on compensatory benchmarks in the report period,
ISP HOLDINGS: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Isp Holdings (02340.HK) is estimated to have a loss of at least 10 million yuan in the first half of the year according to "Profit Warning".
Isp Holdings (02340.HK) issued a profit warning, with an expected loss between 10 million and 15 million yuan for the six months ending in June, compared to 7.9 million yuan in the same period last year; revenue is expected to decrease by 38%-43%. This is mainly due to the fact that the newly awarded projects can only be constructed in the second half of the year; changes in design or construction plans by customers have affected the progress of existing projects; legal fees have increased; and provision has been made for litigation costs paid in accordance with the compensation criteria for civil litigation judgments.
ISP Holdings Expects Wider Loss in H1
ISP Holdings Anticipates Sharp Revenue Decline
Ascletis (02340.HK) expects a 38% to 43% decrease in mid-year earnings.
On August 14th, Gelonghui reported that Shengbai Holdings (02340.HK) expects to achieve the following financial results for the six months ending June 30, 2024: (1) Revenue for the period is expected to decrease by 38% to 43% from the revenue for the six months ending June 30, 2023, which is about HKD 79.2 million; and (2) Equity holders of the Company are expected to suffer losses of HKD 10 million to HKD 15 million during the period, while the equity holders of the Company suffered a loss of about HKD 7.9 million in previous periods. The reasons for the decrease in revenue and the increase in losses are as follows:
ISP Holdings Set for Mid-Year Financial Review
Shengbo Holdings (02340.HK) plans to hold a board of directors meeting on August 22 to approve its interim results.
Shengbo Holdings (02340.HK) announced on August 12th that the board of directors meeting will be held on Thursday, August 22nd, 2024, to approve the company and its subsidiaries' unaudited interim results announcement for the six months ending on June 30, 2024, and consider the distribution of interim dividends (if any).
ISP HOLDINGS: ANNUAL REPORT 2023
Shengbai Holdings (02340) announced 2023 results, net loss of HK$15.244 million year-on-year profit to loss
Shengbai Holdings (02340) announced its 2023 results. Revenue from continuing operations was approximately HK$155 million, a year-on-year decrease...
ISP HOLDINGS: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
ISP HOLDINGS: CHANGE OF DATE OF BOARD MEETING
ISP Holdings Forecasts Slimmer Loss for 2023; Shares Plunge 4%
Shengbai Holdings (02340.HK) Profit Alert: Expected annual loss of HK$13 million to HK$17 million
Glonghui, March 14, 丨 Shengbai Holdings (02340.HK) announced that the company expects to record losses attributable to equity holders of HK$13,000,000 to HK$17,000,000 for the year ended 31 December 2023, while profit attributable to equity holders of the company was approximately HK$436,700,000 for the year ended 31 December 2022, including losses from continuing operations of approximately HK$1,700,000, and completed the sale of Hong Kong property and facilities management business and support on January 10, 2022 Where a business results from a discontinued business
ISP HOLDINGS: INTERIM REPORT 2023
ISP Holdings Swings to Loss in H1
Shengpai Holdings (02340) announced interim results with a net loss of HK$7.916 million
Shengbai Holdings (02340) announced the results for the six months ended June 30, 2023, with revenue of 79.205 million...
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