VICO INTL HLDGS: Annual Report 2023/2024
Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.
JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.
Vico International Holdings' Fiscal Year 2024 Profit Doubles; Shares Fall 13%
Vico Intl Hldgs (01621.HK) annual net profit increased by about 92.5% to HKD16.9 million.
Vico Intl Hldgs (01621.HK) announced on June 25th that for the fiscal year ending March 31, 2024, the company's revenue increased by approximately 56.8% to HKD 1,595,100,000. Net profit increased by approximately 92.5% from the previous year's HKD 8,800,000 to HKD 16,900,000 for that period. The Board of Directors does not recommend paying final dividends (2023: none). The increase in revenue was mainly due to an increase in oil sales during this period.
Express News | Vico International Holdings FY Revenue HKD 1,595.1 Million
Express News | Vico International Holdings FY Net Income HKD 16.9 Million
Express News | Vico International Holdings FY Gross Profit HKD 48.3 Million
VICO INTL HLDGS: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 MARCH 2024
Vico International to Log Higher Profit in Fiscal Year 2024
Vico Intl Hldgs (01621.HK) releases profit announcement: expected annual net profit of approximately HKD 15 million to HKD 19 million.
On June 21, Gelonghui announced that Vico International Holdings (01621.HK) released a profit forecast, which expects the group to achieve a net profit of approximately HKD 15-19 million for the year ending March 30, 2024, compared with a net profit of approximately HKD 8.8 million for the corresponding period. The expected net profit during the reporting period is mainly due to continuous improvement in diesel sales and a reduction of not less than HKD 7 million in sales and distribution expenses and administrative and operating expenses compared to the corresponding period.
Express News | Vico International - Expected Result Due to Continuous Improvement in Sales of Diesel During Year, Among Others
Express News | Vico International Sees Unaudited CONSOL Net Profit in Range of HK$15.0 Mln to HK$19.0 Mln for Year
Vico Intl Hldgs (01621.HK) plans to hold a board of directors meeting on June 25 to approve annual performance.
Vico Intl Hldgs (01621.HK) issued an announcement on June 13 that the board of directors is scheduled to hold a board meeting on Tuesday, June 25, 2024 to consider and approve the comprehensive annual performance of the group as of March 31, 2024 and its release, consider the proposal to distribute final dividends (if any), and handle other matters.
IEA警告!石油2030年将面临严重产能过剩,届时OPEC+也“无力回天”
Oil Inches Lower After Rally as Investors Await U.S. Inflation Data, Fed Meeting
Nation's Demand for Oil Products to Peak Before '25
Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Is Projected to Grow at a CAGR of 4.7% by 2034: Visiongain
National Energy Administration: Domestic oil and gas production will exceed 390 million tons in 2023, a record high
On January 15, data from the National Energy Administration showed that in 2023, domestic oil and gas production was equivalent to more than 390 million tons, a record high. It maintained a rapid growth trend of 10 million tons for 7 consecutive years, forming a new peak period for production growth.
VICO INTL HLDGS: Interim Report 2023
Vico International's Profit Up 43% in Fiscal H1
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