Earnings Troubles May Signal Larger Issues for Maiyue Technology (HKG:2501) Shareholders
The market rallied behind Maiyue Technology Limited's (HKG:2501) stock, leading do a rise in the share price after its recent weak earnings report. While shareholders may be willing to overlook soft
Maiyue Technology's Profit Down in 2023
Maiyue Technology (HKG:2501) recorded a drop in attributable profit for the year 2023 to 22.9 million yuan from 48.8 million yuan in 2022, according to the company's annual report posted on the Hong K
邁越科技:年報 2023
Maiyue Technology (02501.HK) annual profit decreased by about 54.0% to about 22.6 million yuan
Gelonghui March 28 | Maiyue Technology (02501.HK) announced that the Group's revenue increased by about 6.5% from approximately RMB 243.3 million in FY2022 to approximately RMB 259.1 million in FY2023. The Group's profit for the year decreased by approximately 54.0% from approximately RMB 49.1 million in fiscal year 2022 to approximately RMB 22.6 million in fiscal year 2023. As of December 31, 2023, the Group's cash and cash equivalents were approximately RMB 47.8 million (December 31, 2022: approximately RMB 62.6 million).
MAIYUE TECH: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Maiyue Flags 60% Profit Drop for 2023
Maiyue Technology (HKG:2501) expects a near 60% decrease in profit for the year through December 2023, from a profit of 49.1 million yuan in 2022, according to a Wednesday filing with the Hong Kong bo
Maiyue Technology (02501.HK) Profit Alert: Profit is expected to decrease by no more than 60% year on year in 2023
Gelonghui March 20 | Maiyue Technology (02501.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 the annual profit recorded during the review period to be reduced by no more than 60% compared to approximately RMB 49.1 million for the year ended 31 December 2022. The Board of Directors believes that the above decline in profit expectations during the year is mainly due to (i) the decrease in revenue and gross profit of the Group's Integrated IT Solutions Services segment during the review period compared to the year ended 31 December 2022, mainly due to the Group's acceptance during the review period
MAIYUE TECH: PROFIT WARNING
Maiyue Technology (02501.HK) will hold a board meeting on March 28 to approve annual results
Glonghui March 14 | Maiyue Technology (02501.HK) announced that the board of directors meeting will be held on March 28, 2024 to review and approve the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and consider declaring and paying a final dividend (if any).
MAIYUE TECH: NOTICE OF BOARD MEETING
Maiyue Technology's Financial Chief Resigns
Dai Tianqiao, the chief financial officer of Maiyue Technology (HKG:2501), resigned due to other personal commitments, effective Friday, Jan. 12. Dai will also step down as the information technology
Maiyue Technology (02501.HK) appoints Yang Guangwei as Joint Company Secretary
Gelonghui, January 12 | Maiyue Technology (02501.HK) announced that Dai Tianqiao has resigned as the company's co-company secretary and financial director due to other personal matters, effective January 12, 2024. It was further announced that Yang Guangwei has been appointed as the joint company secretary to replace Dai Tianqiao, effective from January 12, 2024, and Li Haiwei will continue to serve as the company's other joint company secretary.
Maiyue Technology successfully listed in Hong Kong, adding another listed company in Guangxi
On October 11, 2023, Maiyue Technology Co., Ltd. MAIYUE TECHNOLOGY LIMITED. (“Maiyue Technology”) (02501.HK) was successfully listed on the main board of the Hong Kong Stock Exchange.
[IPO] Maiyue Technology (02501) initially listed HK$1.23, which is 4.24% higher than the offering price
Jinwu Financial News | Maiyue Technology (02501) initially listed at HK$1.23, which is 4.24% higher than the offering price. It traded 5.044 million shares before the market, with a turnover of HK$6.344,800. Excluding handling fees, 2,000 shares per lot, book profit of HK$100. According to the results of the previous public offering, the public sale of this stock in Hong Kong received 1,511 valid applications, and 308.56 million shares were subscribed, which is equivalent to 1.46 times the oversubscription of the total number of 12.5 million shares sold in Hong Kong. The initial placement of shares for the international placement was oversubscribed by 0.16 times.
Maiyue Technology Raises HK$91 Million in Hong Kong IPO
Maiyue Technology (HKG:2501) priced its Hong Kong initial public offering on Tuesday to raise HK$90.9 million in net proceeds. The integrated information technology solutions provider sold 125 million
[IPO] Maiyue Technology (02501) priced at HK$1.18, first-hand signing rate 100%
Jinwu Financial News | Maiyue Technology (02501) announced the prospectus results. Each share was priced at HK$1.18, 2,000 shares per lot. The first-hand winning rate was 100%, and everyone had a share. The shares are expected to be listed tomorrow (10/11). There were 1,511 valid applications for the public sale of the shares in Hong Kong, and 308.56 million shares were subscribed, which is equivalent to 1.46 times the oversubscription of the total number of 12.5 million shares sold in Hong Kong. The initial placement of shares for the international placement was oversubscribed by 0.16 times.
Maiyue Technology Launches Up to HK$175 Mililon Hong Kong IPO
Maiyue Technology (HKG:2501) launched its initial public offering in Hong Kong on Thursday, seeking to raise up to HK$175 million from the deal. The integrated information technology solutions provide
From September 28 to October 4, Maiyue Technology plans to sell 125 million shares globally
Maiyue Technology (02501) offered shares from September 28 to October 4, 2023. The company plans to sell 125 million shares globally, Hong Kong accounts for 10% of the public sale, 90% of the international sale, and 15% over-allotment rights. The sale price will not be higher than HK$1.40 per share, and it is expected that it will not be lower than HK$1.05 per share, 2,000 shares per lot. It is expected that the shares will begin trading on the Stock Exchange on October 11, 2023 (Wednesday).
No Data