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IPE GROUP (00929.HK) has received a Shareholding increase of 9.395 million ordinary shares from Baoan Technology Company Limited and its affiliates, valued at approximately 4.6036 million Hong Kong dollars.
On January 15, it was reported that, according to documents disclosed by the Hong Kong Stock Exchange on January 15, Baoan Technology Company Limited increased its shareholding in IPE GROUP (00929.HK) by 9.395 million ordinary shares at an average price of HKD 0.49 per share on December 31, 2024, worth approximately HKD 4.6036 million. After the shareholding increase, the latest number of shares held by Baoan Technology Company Limited is 0.577 billion shares.
IPE GROUP (00929.HK) received an additional shareholding of 9.395 million ordinary shares from China Baoan Group Co., Ltd and its affiliates, valued at approximately 4.6036 million Hong Kong dollars.
On January 15, it was reported that, according to documents disclosed by the Hong Kong Stock Exchange on January 15, China Baoan Group Co., Ltd. increased its shareholding in IPE GROUP (00929.HK) by purchasing 9.395 million ordinary shares at an average price of HKD 0.49 per share on December 31, 2024, amounting to approximately HKD 4.6036 million. After the increase, China Baoan Group Co., Ltd.'s latest total shareholding stands at 0.577 billion shares, and the ratio of good holdings has changed from 53.9.
IPE GROUP: 2024 Interim report
IPE Group Limited Reports Increased Profits Amid Challenges
Ipe Group (00929.HK) sales in the first half of the year increased by 19.6% year-on-year, with a net profit of 12.688 million Hong Kong dollars.
Ipe Group (00929.HK) announced its interim performance on August 26th. For the six months ended June 30, 2024, the sales amounted to 0.502 billion Hong Kong dollars, an increase of 82.388 million Hong Kong dollars or 19.6% compared to the same period last year. After completing three mergers and acquisitions last year, the hydraulic equipment parts business brought positive improvements, resulting in a significant rebound in sales. Particularly, the sales of hydraulic equipment parts increased by 71.634 million Hong Kong dollars or 39.8% in the first half of this year. In addition, the orders for auto parts business have rebounded, even though the sales of electronic equipment parts showed a decrease during the same period.
Ipe Group (00929) announced its interim performance. The attributable net profit to equity shareholders was HKD 2.378 million, a turnaround from a loss in the same period last year.
ipe group (00929) announced its mid-term performance in 2024, with revenue of approximately 0.502 billion Hong Kong dollars, a year-on-year increase of 1...
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