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China Joint Resources (00254) completes acquisition and loan of City Gear Limited
Zhitong Finance App News, China Joint Resources (00254) issued an announcement on matters relating to the Group's proposed acquisition of City Gear Limited and loans. All prerequisites under the sale agreement have been met and implemented accordingly on March 28, 2024. After completion, the target company became an indirect wholly-owned subsidiary of the company, and the target group's financial performance, assets and liabilities will be consolidated into the company's comprehensive financial statements, effective from the date of completion; and the seller has transferred the loan owed by the target group to the seller to the buyer, effective on the date of completion.
Inbound Tour Orders From 6 EU Nations Rise
China has seen growing orders for inbound tours from Switzerland, Ireland, Hungary, Austria, Belgium and Luxembourg following the implementation of a visa-free policy for these countries starting March 14, industry players have forecast.
National United Resources Swings to Fiscal H1 Loss
National United Resources Holdings (HKG:0254) incurred an attributable loss of HK$22.8 million for the six months ended Dec. 31, 2023, as compared to an attributable profit of HK$326.2 million during
NUR HOLDINGS: Interim Report 2023
Wong Wai Lun: The number of visitors to Hong Kong is rising steadily and is expected to reach 50 million this year
Hong Kong's Deputy Financial Secretary, Mr Wong Wai Lun, said that visitors to Hong Kong are showing a steady month-on-month increase. More than 4 million visitors were recorded in February, up from January.
China Joint Resources (00254) announced interim results. Shareholders' losses of HK$22.813 million were converted from profit to loss year-on-year
According to the Zhitong Finance App, China Joint Resources (00254) announced interim results for the six months ended December 31, 2023. The group achieved revenue of HK$34.55 million, a year-on-year decrease of 18.24%; losses attributable to company owners were HK$22.813 million, compared with a profit of HK$326 million for the same period last year; and a loss of HK0.6 cents per share. The Group recorded a gross loss of approximately HK$6.693 million during the period, an increase of approximately HK$171,000 or 2.6% over the gross loss of approximately HK$6.522 million in the corresponding period. Negative gross margins for the current period and the corresponding period were 19.7% and 15, respectively.
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