Hong Shengchang Resources (01850.HK): Zou Yiyi was transferred from an independent non-executive director to an executive director
Gelonghui, April 22, 丨 Hongshengchang Resources (01850.HK) announced that since April 22, 2024, Ms. Zou Yiyi has been transferred from an independent non-executive director of the company to an executive director.
HSC Resources Group Limited (HKG:1850) Soars 27% But It's A Story Of Risk Vs Reward
HSC Resources Group Limited (HKG:1850) shareholders are no doubt pleased to see that the share price has bounced 27% in the last month, although it is still struggling to make up recently lost ground.
Hong Kong Shares Gain Amid Bets on Insurers
Hong Kong shares advanced on Thursday, led by gains posted by insurers and on hopes of a rally in mainland stocks. The Hang Seng Index climbed 0.82%, or 134.03 points, to finish the day's trade at 16,
HSC Resources Group Plans Issuance of 28.8 Million Shares Via Placement; Shares Surge 13%
HSC Resources Group (HKG:1850) plans to issue up to 28.8 million shares to not less than six investors under a placement agreement, according to a Wednesday filing with the Hong Kong bourse. The fire
Hong Shing Cheong Resources (01850.HK): The placement price was revised to HK$0.63 per share and trading resumed in the afternoon
Gelonghui, April 18, 丨 Hong Shengchang Resources (01850.HK) announced that the company concerned entered into a placement agreement with the placement agent. According to the placement agreement, the company has conditionally agreed to place up to 28.8 million shares of placement shares to no less than six undertakers at the placement price of HK$0.56 per share on a wholehearted basis through the placement agent. On April 18, 2024, the Company and the Placing Agent agreed in writing to revise the placement price to HK$0.63 per placement share. Therefore, assuming that up to 28.8 million shares of the placed shares are all placed, the total amount of proceeds and net proceeds (after deducting placement commissions and others
Hongshengchang Resources (01850.HK) suspended trading for a short time this morning
On April 18, Gelonghui | Hongshengchang Resources (01850.HK) announced that trading of the company's shares will temporarily stop at 9:00 a.m. today (18/4/2024).
Hong Shengchang Resources (01850) plans to discount about 20% of its shares and raise the maximum net amount of HK$15.488 million
According to the Zhitong Finance App, Hong Shengchang Resources (01850) announced that on April 17, 2024, the company plans to place up to 28.8 million placed shares to the undertaker through an placement agent at HK$0.56 per share, accounting for about 16.67% of the expanded share capital. The placement price will be discounted by about 20% from the closing price of HK$0.70 per share on April 17, 2024. According to the announcement, the maximum net raise of the placement is about HK$15.488 million, which is intended to be used to repay bank and other loans, external debts, and the Group's general working capital.
Hongshengchang Resources (01850): Liu Sicheng was appointed as the company's vice president
Zhitong Financial App News, Hongshengchang Resources (01850) announced that from April 9, 2024, Liu Sicheng will resign as an independent non-executive director and be appointed as the company's vice president; Xian Gonghua will resign as an independent non-executive director and will no longer serve as the chairman of the company's nomination committee, remuneration committee and audit committee member; Fu Rongguo will be appointed as an independent non-executive director and member of the company's nomination committee, remuneration committee and audit committee.
HSC RESOURCES: INTERIM REPORT 2023
HSC Resources Reports 67% Lower Fiscal H1 Profit
HSC Resources Group (HKG:1850) said profit for the six months ended Oct. 31, 2023 dropped 67.3% year-over-year to about HK$1.8 million from about HK$5.5 million in the year-ago period, dragged down by
Hong Shengchang Resources (01850) announced interim results. Profit attributable to owners of HK$2.195 million decreased by 59.78% year-on-year
Hongshengchang Resources (01850) announced its interim results for the six months ended October 31, 2023. The revenue was approximately...
HSC RESOURCES: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 OCTOBER 2023
HSC Resources Expects Lower Fiscal H1 Profit Due to Higher Costs
HSC Resources (HKG:1850) expects its unaudited, consolidated profit for the fiscal first half ended Oct. 31 to decline to HK$1.2 million from the profit of HK$5.5 million a year ago. The fire safety s
Even With A 138% Surge, Cautious Investors Are Not Rewarding HSC Resources Group Limited's (HKG:1850) Performance Completely
HSC Resources Group Limited (HKG:1850) shareholders are no doubt pleased to see that the share price has bounced 138% in the last month, although it is still struggling to make up recently lost ground. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 40% over that time.
Hongshengchang Resources (01850.HK) Profit Alert: Medium-term comprehensive profit is expected to exceed HK$1.2 million
Gelonghui, December 22|Hongshengchang Resources (01850.HK) announced that the company expects to record an unaudited comprehensive profit of not less than HK$1.2 million for the six months ending October 31, 2023, compared to the audited comprehensive profit of about HK$5.5 million for the six months ended October 31, 2022. The decrease in unaudited consolidated profit for the period was mainly due to (i) a decrease in gross profit due to an increase in sales costs; (ii) a decrease in other income due to a decrease in government subsidies; and (iii) an increase in administrative expenses due to an increase in legal and professional expenses.
HSC RESOURCES: PROFIT WARNING
Hongshengchang Resources [01850] is now reported at HK$1.4, an increase of 11.11%
As of 09:51, Hongshengchang Resources [01850] reported HK$1.4, up HK$0.14 or 11.11% from yesterday's closing price of HK$1.26, with a turnover of HK$1,777,900, today's highest price of HK$1.4, and the lowest price of HK$1.17. Based on yesterday's closing price, the 10-day average price is HK$0.83, the 50-day average price is HK$0.72, and the current price-earnings ratio is 8.57 times. The 14-day strength index is 87.77.
Hongshengchang Resources [01850] is now reported at HK$1.28, an increase of 11.30%
As of 14:49, Hongshengchang Resources [01850] reported HK$1.28, up HK$0.13 or 11.30% from yesterday's closing price of HK$1.15, with a turnover of HK$75.2097 million, today's highest price of HK$1.28, and the lowest price of HK$1.02. Based on yesterday's closing price, the 10-day average price is HK$0.76 and the 50-day average price is HK$0.78. The current price-earnings ratio is 7.82 times. The 14-day strength index is reported at 86.47.
Hongshengchang Resources (01850.HK) will hold a board meeting on December 29 to approve the interim results
Gelonghui, December 14|Hongshengchang Resources (01850.HK) announced that a board meeting will be held on December 29, 2023 to consider and approve the unaudited interim results of the company and its subsidiaries for the six months ended October 31, 2023 and their publication, as well as the announcement of interim dividends (if any).
HSC RESOURCES: NOTIFICATION OF BOARD MEETING
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