Impressive Earnings May Not Tell The Whole Story For Y. T. Realty Group (HKG:75)
Y.T. REALTY: 2024 Interim Report
Y.T. REALTY: 2024 Interim Results Announcement
y.t. realty (00075) announces a profit announcement, with an expected net comprehensive surplus attributable to shareholders of approximately HKD 10 million to HKD 20 million, turning losses into profits on a year-on-year basis.
y.t. realty (00075) announced that as of June 30, 2024, the group's forecast for the six-month period (this period) ...
y.t. realty (00075.HK) expects to turn around from a loss to a profit in the mid-term.
On August 23, Y.T. Realty (00075.HK) announced that for the six months ended June 30, 2024, the Group is expected to record an estimated comprehensive net profit attributable to shareholders of approximately 100 million to 200 million Hong Kong dollars, compared to a net loss of 117.1 million Hong Kong dollars in the same period last year. The expected turnaround from loss to profit is mainly due to an increase in property sales revenue resulting in higher net income and a decrease in revaluation losses on group investment properties, offset by impairment losses on certain property development projects.
Express News | YT Realty Group Ltd - Expected Result Due to Increase in Revenue From Sale of Properties, Others
Express News | YT Realty Sees Consolidated Profit Attributable HK$10 Mln to HK$20 Mln for Six Months
Y.T. REALTY: Positive Profit Alert
y.t. realty (00075.HK) held a board of directors meeting on August 29 to approve its interim performance.
y.t. realty (00075.HK) announced on August 15 that the board of directors meeting will be held on August 29, 2024 (Thursday), to approve the performance of the company and its subsidiaries for the six months ended June 30, 2024, and consider recommending the interim dividend (if any).
Y. T. Realty Group's Unit Enters Supplemental Agreement to Extend Long Stop Date
Yutai Real Estate (00075.HK): Yuan Yongcheng retires as executive director
Gelonghui, May 31, 丨 Yutai Real Estate (00075.HK) announced that Yuan Yongcheng will not be re-elected and has retired as an executive director since the annual shareholders' meeting. After retiring from office, Mr. Yuan also ceased to be an authorized agent and agent in legal proceedings.
Yutai Real Estate (00075): Chen Xiumei was appointed as an authorized agent and agent in legal proceedings
According to the Zhitong Finance App, Yutai Real Estate (00075) announced that Yuan Yongcheng was not re-elected and has retired as an executive director from the board of directors after the annual shareholders' meeting. After his retirement, Mr. Yuen also ceased to be a member of the Company's Executive Committee, an authorized agent of the company under the Listing Rules, and an authorized company agent representing the company under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) to receive legal process documents and notices in Hong Kong. Mr. Yuan has confirmed that he has no differences of opinion with the board of directors, and that there are no matters relating to his resignation that require shareholders' attention. Company Secretary Chen Xiumei was appointed as authorized agent
Y. T. Realty Disposing of 100% Stakes in Step-down Subsidiary
Yutai Real Estate (00075.HK) plans to sell all of Hillstar Corporation's shares for HK$33.75 million
Gelonghui, May 30, 丨 Yutai Real Estate (00075.HK) announced that on May 30, 2024, the seller (a direct wholly-owned subsidiary of the company) and the buyer (independent third party) entered into a sales agreement. According to this, the seller conditionally agreed to sell and the buyer conditionally agreed to purchase sales shares, that is, the target company Hillstar Corporate Limited (which indirectly owns a six-story hotel complex in London) has issued the entire issued share capital at a cost of HK$33.75 million. As of the date of this announcement, the target company directly held (i) Super Gain (one in the UK)
Yutai Real Estate (00075) plans to sell a hotel complex in London for HK$33.75 million
According to Zhitong Finance App, Yutai Real Estate (00075) announced that on May 30, 2024, Radiance Ventures Limited, a direct wholly-owned subsidiary of the company, plans to sell the entire issued share capital of HillStar Corporate Limited to TOP INTEGRATED HOLDINGS Limited at a cost of HK$33.75 million. After the deal is completed, the target company will no longer be a subsidiary of the group. On the date of this announcement, the target company directly held Super Gain (one in
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Y. T. Realty Group Limited's (HKG:75) CEO For Now
Y.T. REALTY: 2023 Annual Report
Yutai Real Estate (00075) announces 2023 annual results. Shareholders' share loss of HK$3.94 million narrowed 93.68% year over year
According to the Zhitong Finance App, Yutai Real Estate (00075) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$7.274 billion during the period, an increase of 168.73%; the loss due to the company's equity holders was HK$3.94 million, a decrease of 93.68% over the previous year; and the basic loss per share was HK3.8 cents. According to the announcement, the reduction in losses attributable to shareholders was mainly due to an increase in net profit due to an increase in property sales revenue confirmed in 2023, a decrease in the impairment of several property development projects, and profits generated by the sale of several subsidiaries, but it was revalued as a result of the Group's investment in properties
Y.T. REALTY: 2023 Annual Results Announcement
Yutai Real Estate (00075.HK): Expected loss of HK$20 million to HK$50 million in 2023
Gelonghui, March 22丨Yutai Real Estate (00075.HK) announced that for the year ended December 31, 2023, the Group expects to record an estimated loss attributable to shareholders of approximately HK$20 million to approximately HK$50 million, compared with a loss of HK$476 million last year. According to the announcement, the decrease in losses was mainly due to the increase in confirmed property sales revenue in 2023, resulting in an increase in net profit, a decrease in the impairment of several property development projects, and profits generated by the sale of several subsidiaries, but the losses resulting from the revaluation of the Group's properties were offset by the comparison with last year's earnings.
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