Tibet Water Resources (01115) Announces 2023 Annual Results and Achieves Revenue of 314 Million Yuan
Tibet Water Resources (01115) disclosed the 2023 annual results announcement. The group achieved revenue of 314 million during the reporting period...
TIBET WATER: ANNOUNCEMENT OF FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Tibet Water Resources (01115.HK) Profit Alert: Expected net loss of about 350 million yuan in 2023
Gelonghui, March 22丨Tibet Water Resources (01115.HK) announced that the Group is expected to record a net loss of approximately RMB 350 million (to be audited) for the year ending December 31, 2023, while a net loss of approximately RMB 102 million was recorded in 2022. The increase in net loss was mainly due to confirmation of impairment losses of approximately RMB 260 million relating to the company's investment in Tibet Shannan Yalashambu Industrial Co., Ltd. recorded using the equity method. This impairment loss is a non-cash item and does not immediately affect the Group's cash flow.
Tibet Water Resources (01115.HK) will hold a board meeting on March 28 to approve the annual results
Gelonghui March 18 | Tibet Water Resources (01115.HK) announced that the board meeting will be held on March 28, 2024 to consider and approve the Group's audited comprehensive annual results and publication for the year ended December 31, 2023, and consider the final dividend proposal (if any).
Tibet Water Resources (01115.HK) trading unit changed to 10,000 shares per lot
Gelonghui February 26 | Tibet Water Resources (01115.HK) announcement relating to changes in the trading unit of each lot of the company's shares. The change of the trading unit for each lot of shares traded from 1,000 shares to 10,000 shares took effect on the date of the announcement.
Tibet Water Resources completed the placement of a total of 500 million shares to raise about HK$106 million
Tibet Water Resources (01115) issued an announcement. The board of directors is pleased to announce that all prerequisites have been met and completed on February 21, 2024. A total of 500 million shares placed have been successfully placed to no less than six undertakers at the placement price of HK$0.218 per share. Placed shares account for approximately 10.92% of the company's issued share capital after completion and expansion through the issuance of placed shares. Based on the actual number of placed shares placed, the net proceeds were approximately HK$106 million. the company intends to use 50% of the net proceeds (approximately HK$52.9 million) to repay part of the convertible bonds; and
Tibet Water Resources (01115.HK) completed the placement of 500 million shares
Gelonghui, Feb. 21丨Tibet Water Resources (01115.HK) announced, the board of directors is pleased to announce that all prerequisites have been met and completed on February 21, 2024. A total of 500 million shares placed have been successfully placed to no less than six undertakers at the placement price of HK$0.218 per share. Placed shares accounted for (i) approximately 12.26% of the company's issued share capital immediately prior to completion; and (ii) approximately 10.92% of the company's issued share capital immediately after completion through the expansion of allotted shares and issuance of placed shares.
Water resources in Tibet [01115] are now reported at HK$0.249, an increase of 12.67%
As of 15:26, Tibet Water Resources [01115] reported HK$0.249, up HK$0.028 or 12.67% from yesterday's closing price of HK$0.221, with a turnover of HK$76,400. Today's high price was HK$0.249 and the lowest price was HK$0.223. Based on yesterday's closing price, the 10-day average price was HK$0.24, and the 50-day average price was HK$0.25. The current price-earnings ratio was -5.34 times, and the 14-day strong and weak index was reported at 44.71.
Tibet Water Resources: The trading unit for each lot will be changed to 10,000 shares
Tibet Water Resources (01115) announced that the trading unit for each lot of shares traded on the Stock Exchange will be changed from 1,000 shares to 10,000 shares, with effect from 9:00 a.m. on February 26, 2024 (Monday).
Tibet Water Resources (01115.HK) trading unit changed to 10,000 shares per lot
Gelonghui, January 31, 丨 Tibet Water Resources (01115.HK) announced that the trading unit for each lot of shares traded on the Stock Exchange will be changed from 1,000 shares to 10,000 shares, effective from 9:00 a.m. on February 26, 2024 (Monday).
Tibet Water Resources (01115.HK) plans to place up to 500 million shares to raise a total of HK$109 million
Gelonghui, January 29丨Tibet Water Resources (01115.HK) issued an announcement. On January 26, 2024, the company entered into a placement agreement with the placement agent (i.e. SDIC Securities Limited). According to this, the placement agent has conditionally agreed to place a maximum of 500 million shares to the consignee at an placement price of HK$0.218 per share at the placement price of HK$0.218 per share. Assuming the successful placement of all 500 million placed shares, the placed shares account for about 12.26% of the company's current issued share capital, and about 10.92% of the issued share capital after being expanded through allotment and issuance of all placed shares. Allocation of HK$0.218 per placed share
TIBET WATER: INTERIM REPORT 2023
Tibet Water Resources (01115.HK): Loss attributable to shareholders was 13.467 million yuan in the first half of the year
Glonghui, August 31, 丨 Tibet Water Resources (01115.HK) announced that for the six months ended June 30, 2023, realized revenue was RMB 173 million, down 5.9% year on year; adjusted profit before interest, tax, depreciation and amortization was RMB 19.146 million, down 51.8% year on year; losses due to company owners during the period were RMB 13.467 million. Profit due to company owners for the same period last year was RMB 7.821 million, with a basic loss of 0.35 points per share. In the first half of 2023, the Group's overall gross margin was 29.0%, compared to 2022
TIBET WATER: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
Tibet Water Resources (01115.HK) expects net loss of not to exceed 14 million yuan in the first half of the year
Glonghui, August 24, 丨 Tibet Water Resources (01115.HK) announced that it is expected that the Group will record losses attributable to company owners not exceeding RMB 14 million in the six months ending June 30, 2023, while the same period in 2022 will record profits attributable to company owners of approximately RMB 7 million. Expected losses are mainly due to sales volume and revenue of the beer business segment falling by about 25% and 20%, respectively, compared to the same period in 2022. In particular, the sales volume of beer partner products in the first half of 2023 fell sharply compared to the same period in 2022, leading to overall sales of the Group's beer products in the first half of 2023
TIBET WATER: PROFIT WARNING
Tibet Water Resources (01115.HK) plans to hold a board meeting on August 31 to approve the interim results
Glonghui, August 18, 丨 Tibet Water Resources (01115.HK) announced that the board meeting is scheduled to be held on August 31, 2023 (Thursday) to (i) consider and approve the unaudited interim results of the company and its subsidiaries for the six months ended June 30, 2023; (ii) consider proposals for interim dividends (if any); and (iii) approve the publication of its unaudited interim results.
TIBET WATER: DATE OF BOARD MEETING
Tibet Water Resources: Annual Report 2022
Tibet Water Resources: Annual Results Announcement for the Year Ended December 31, 2022
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