08495 1957 & CO.
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1957 & CO. News
1957 & CO.：年報 2023
1957&CO. (08495) Announces 2023 Annual Results Loss attributable to shareholders of HK$6.246,000, an increase of 1071.86% year-on-year
1957&CO. (08495) announced results for the year ended December 31, 2023. The...
1957 & CO.: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
1957 & CO. (08495.HK) entered into a lease agreement to lease Kangcheng property
Gelonghui, March 11, 1957 & CO. (08495.HK) announced that on March 11, 2024, Mango Tree (HK) Limited (an indirect wholly-owned subsidiary of the company) entered into a lease agreement with the owner to lease such properties in Kangcheng for a period of four (4) years from March 31, 2024 to March 30, 2028 (with the option to renew for two more years to March 30, 2030). The Group plans to operate a new Shanghai cuisine restaurant under the trade name “Yujia Shanghai” at these properties. Properties related to leasing matters: New Territories, Hong Kong
1957 & CO. (08495.HK) Profit Alert: Expected net loss of approximately HK$1 million to HK$3 million for fiscal year 2023
On March 8, GLONGHUI announced, 1957 & CO. (08495.HK) announced that the Group is expected to record a net loss of about HK$1 million to HK$3 million in the 2023 fiscal year, while a net profit of about HK$3 million was recorded in the same period of 2022. The expected change in profit to loss in fiscal year 2023 is mainly due to a reduction of about HK$16.3 million in subsidies under the “Employment Protection” Program and Catering Facility (Social Distance) Subsidy Program received by the Hong Kong Government from the Hong Kong Government, leading to a decrease in other income and income.
1957 & CO.: Third Quarterly Report 2023
1957 & CO. (08495) announced the first three quarter results; losses attributable to shareholders of HK$1.087 million increased by 547.61% year-on-year
1957 & CO. (08495) published the nine months ending September 30, 2023...
1957 & CO.: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
Huatai Securities's 24-year Food and Beverage Outlook: Demand Recovery Expectations Are Steady, Focus on Three Main Lines
The Zhitong Finance App learned that Huatai Securities released a research report saying that considering the current internal and external environment, overall demand in the food and beverage sector is expected to recover steadily in '24. Combined with the current low valuation (CS Food and Drink PETTM is in the 9% quartile since 2018) and optimism about the long-term potential of domestic food and beverage consumption, the sector still has medium- to long-term allocation value.
1957 & CO. (08495.HK) Profit warning: Expected net loss for the first three quarters is about HK$8 million
Gelonghui announced on October 27, 1957 & CO. (08495.HK), according to the Board's preliminary assessment of the Group's unaudited comprehensive management accounts for the nine months ended September 30, 2023 and the Group's currently available information, the Group expects to record a net loss of approximately HK$8 million during the review period, while a net loss of about HK$1 million was recorded in the same period in 2022. The increase in net losses was mainly due to the reduction in subsidies for the “Employment Protection” Plan and the Catering Accommodation (Social Distancing) Subsidy Scheme received by the Group from the Hong Kong Government under the Anti-epidemic Fund, leading to other earnings and income during the review period
1957 & CO.: Interim Report 2023
1957 & CO. (08495.HK) net loss of HK$10.9 million in the first half of the year
On August 7, 丨1957 & CO. (08495.HK) announced that in the six months ending June 30, 2023, the Group recorded unaudited revenue of about HK$2235 million, an increase of about 63.9% over the corresponding period ending June 30, 2022; the Group recorded an unaudited loss of about HK$10.6 million before tax deductions and government subsidies of about HK$10.6 million (2022: HK$15.8 million); and the Group recorded losses attributable to unaudited company owners of approximately HK$10.9 million (2022: HK$8.2 million).
1957 & CO.: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
1957 & CO.: NOTICE OF BOARD MEETING
1957 & CO.: First Quarterly Report 2023
1957 & CO.: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2023
1957 & CO. : Profit warning loss reduction
1957 & CO. : Annual Report 2022
1957 & CO. : Results announcement for the year ended December 31, 2022
1957 & CO. : Profit Warnings and Business Updates
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