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CB GLOBAL: POSITIVE PROFIT ALERT
cb global (08026) intends to appoint Pengsheng as the new auditor.
cb global (08026) announced that the board of directors and the company's audit committee received a letter from Kaiyuan...
CB GLOBAL: ANNUAL REPORT 2023/2024
cb global (08026.HK) annual loss of 76,095,000 Hong Kong dollars.
On June 28th, Glorious Sun announced that cb global's income for the fiscal year ended March 31, 2024 was approximately HKD 91.254 million, a decrease of approximately HKD 17.07 million from the previous year; the gross profit was approximately HKD 18.846 million, a decrease of approximately HKD 0.864 million from the previous year; the group recorded a loss of approximately HKD 76.095 million, compared to a loss of approximately HKD 43.386 million (restated) for the fiscal year ended March 31, 2023, mainly due to (i) a significant increase in impairment losses recognized based on expected credit loss models (excluding reversals); and (ii) from
CB GLOBAL: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2024
CB Global (08026) issues profit warning, expected annual shareholder loss to expand year-on-year to no more than approximately 80 million Hong Kong dollars.
CB Global (08026) announced that the group is expected to have a net loss of no more than about 80 million Hong Kong dollars as of March 31, 2024, and a net loss of about 43 million Hong Kong dollars (restated) as of March 31, 2023. The announcement stated that the increase in losses was mainly due to a significant increase in impairment losses (deducting reversal) recognized under the expected credit loss model, including a one-time employee stock award program expense.
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