XXF Group Holdings' (HKG:2473) Earnings Are Weaker Than They Seem

XXF Group Holdings Limited's (HKG:2473) robust earnings report didn't manage to move the market for its stock. Our analysis suggests that shareholders have noticed something concerning in the numbers

Simply Wall StMay 8 18:48 ET

喜相逢集團：2023年報

Hong Kong Stock ExchangeApr 26 05:46 ET · Announcements

Xixiangfeng Group (02473) announced 2023 annual results. Profit attributable to shareholders of 110 million yuan increased 39.7% year over year

According to the Zhitong Finance App, Xibing Group (02473) disclosed its 2023 annual results. The group achieved revenue of 1,304 billion yuan (RMB, same below) during the reporting period, an increase of 14.3% over the previous year. Gross profit of 419 million yuan, up 11.9% year over year. Profit attributable to company owners was 110 million yuan, an increase of 39.7% over the previous year. Basic earnings per share were 30.23 points. During the reporting period, the Group achieved performance growth, mainly due to: (1) recovering from the adverse effects of the COVID-19 outbreak in 2022, the Group increased sales and marketing efforts and opened new self-operated sales outlets to develop

Zhitong FinanceMar 26 11:09 ET

XXF: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023

Hong Kong Stock ExchangeMar 26 10:44 ET · Announcements

Happy Meet Group (02473.HK) signed a sale-leaseback contract with Dongfeng Nissan

Gelonghui, March 19, 丨 Hi Xiang Feng Group (02473.HK) announced that on March 19, 2024, the tenant (for the company's indirect wholly-owned subsidiary) and/or certain of its subsidiaries) entered into such sale and leaseback contracts with Dongfeng Nissan. Based on this, the lessee agreed to transfer the leased assets to Dongfeng Nissan at a total cost of approximately RMB 3,052,587, while Dongfeng Nissan agreed to lease back the leased assets to the lessee, with a total rent of approximately RMB 3,676,438.

Gelonghui FinanceMar 19 10:04 ET

Happy Meet Group (02473.HK) plans to hold a board meeting on March 26 to consider and approve the annual results

Glonghui, March 13, 丨 Happy Meeting Group (02473.HK) announced that the board meeting will be held on March 26, 2024 (Tuesday) to consider and approve (among others) the Group's annual results for the year ended 31 December 2023 and its publication, and consider payment of a final dividend (if any).

Gelonghui FinanceMar 13 06:26 ET