China Management (00380) subsidiary renews leases two properties in Mongkok, Kowloon

According to the Zhitong Finance App, China Management Industry (00380) issued an announcement. On May 23, 2024 (after the transaction period), the company's indirect wholly-owned subsidiary, Bin Ji (as a tenant), has accepted and signed a lease offer relating to the renewal of the existing property I and the lease offer relating to the new rental property II. According to reports, Property I is Room 1010-1013 and 1015-1016, 10th Floor, Grand Century Plaza Phase 2, 193 Prince Edward Road West, Mongkok, Kowloon, and Property II is Room 1017, 10th Floor, Phase 2, Grand Century Plaza, Phase 2, 193 Prince Edward Road West, Mongkok, Kowloon.

Zhitong FinanceMay 23 05:12 ET

中國管業：2023年報

Hong Kong Stock ExchangeApr 25 04:35 ET · Announcements

China Pipe Group Upsizes Loan Agreement With Subsidiary to HK$5 Million

China Pipe Group (HKG:0380) entered into a supplemental loan agreement with its subsidiary to upsize the amount the company is borrowing to HK$5 million from HK$2.95 million, according to a Wednesday

MT NewswiresApr 25 00:28 ET

China Pipe Group Limited (HKG:380) Stock Catapults 31% Though Its Price And Business Still Lag The Market

The China Pipe Group Limited (HKG:380) share price has done very well over the last month, posting an excellent gain of 31%. Longer-term shareholders would be thankful for the recovery in the share

Simply Wall StMar 28 19:01 ET

China Pipe Industry (00380.HK) annual revenue of about HK$714 million increased 12.2% year over year

On March 26, Ge Longhui | China Pipe Industry (00380.HK) announced that for the year ended December 31, 2023, the Group reached a new high in sales. The Group recorded revenue of approximately HK$714,100,000, an increase of 12.2% over last year. Profit attributable to the company's equity holders was HK$58,400,000, an increase of approximately 18.7% over the previous year.

Gelonghui FinanceMar 26 08:04 ET

China Pipe Industry (00380) announced annual results. Profit attributable to shareholders of HK$58.39 million increased 19% year over year

According to the Zhitong Finance App, China Management Industry (00380) announced its annual results for the year ended December 31, 2023. The group obtained revenue of HK$714 million, an increase of 12% over the previous year; the company's equity holders should account for annual profit of HK$58.39 million, an increase of 19% over the previous year; and basic profit per share was HK4.38 cents. Thanks to the Hong Kong Government's efforts to address the long-term housing shortage, the Group was able to seize the opportunities brought by the government's investment in infrastructure and housing projects, and sales benefited accordingly. As a result, the company achieved excellent results. In addition, as savings interest rates rose during the year, the company also received bank interest income

Zhitong FinanceMar 26 07:54 ET