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Daoxiang Holdings (00573) announced annual results. Shareholders' profit attributable to shareholders was HK$73.655 million, turning a year-on-year loss into a profit
According to the Zhitong Finance App, Daoxiang Holdings (00573) announced full-year results for 2023, with revenue of approximately HK$2,949 million, up 22.8% year on year; profit attributable to owners of the parent company was HK$73.655 million, while a loss of HK$143 million was recorded in the same period in 2022; basic profit per share was 7.26 HK cents; and a proposed final dividend of HK3 cents per share. According to reports, the mainland China business achieved revenue of HK$1,166 billion during the year, up 6.5% from 2022. Revenue growth in mainland China was modest, mainly due to the closure of several restaurants during the year. However, Inaka has developed a variety of banquet menus
Zhitong FinanceMar 27 10:31 ET
TAO HEUNG HLDGS: Announcement of results for the year ended 31 December 2023
Futu NewsMar 27 10:05 ET · Announcements
Daoxiang Holdings (00573.HK) Yingxi: Expected profit attributable to parent company owners about HK$70 million to HK$80 million in 2023
Gelonghui, March 20, 丨 Daoxiang Holdings (00573.HK) announced that according to a preliminary review of the Group's unaudited comprehensive management accounts for the year ended December 31, 2023, the Group expects to record profits attributable to the parent company owners of about HK$70 million to HK$80 million in the year, while the same period last year recorded a loss of HK$143 million attributable to owners of the parent company. Mainly due to: (i) the Group's earnings increased by between 20% and 30% over the period ended 31 December 2022; and (ii) the implementation of effective performance control measures, including but not limited to agreements with owners and suppliers
Gelonghui FinanceMar 20 07:25 ET
On March 27, the board of directors of Daoxiang Holdings (00573.HK) approved the publication of annual results
Glonghui, March 6, 丨 Daoxiang Holdings (00573.HK) announced that the board meeting will be held at 10 a.m. on March 27, 2024 (Wednesday) at 13 Au Pui Wan Street, Fotan, Shatin, New Territories, to (among others) approve the publication of the preliminary announcement of the audited consolidated results of the company and its subsidiaries for the year ended 31 December 2023, and to consider proposals for payment of a final dividend (if any).
Gelonghui FinanceMar 6 03:47 ET
Daoxiang Holdings (00573.HK) was increased by 200,000 shares by Chairman and CEO Chung Wai-ping
Gelonghui, January 23 | According to the Stock Exchange's latest equity disclosure data, on January 19, 2024, Daoxiang Holdings (00573.HK) received an increase of 200,000 shares by Executive Director, Chairman and Chief Executive Officer Chung Wai-ping on the market at an average price of HK$0.74 per share, involving approximately HK$148,000. After the increase in holdings, Chung Wai Ping's latest shareholding was 441,770,911 shares, and the shareholding ratio increased from 43.53% to 43.55%.
Gelonghui FinanceJan 22 17:38 ET
CICC Tourism Hotel & Restaurant 24-Year Outlook: Finding Excellent Business Models and Management Capabilities Through Cycles
CICC released a research report saying that since 2023, the recovery of the social services sub-industry has been divided, but valuations in various sectors are already low. Looking ahead to 2024, the industry will maintain a steady recovery. It is optimistic about cost-effective brands and changes in experience-oriented consumer habits. At the same time, it is recommended to focus on investment opportunities for racetracks and companies that replicate the long-term logic of expansion and refined management.
Zhitong FinanceDec 24, 2023 21:20 ET
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