COSMOPOL INT'L: 2024 INTERIM REPORT
COSMOPOL INT'L [00120] is now trading at HK$0.173, a decrease of 12.63%.
As of 10:01, COSMOPOL INT'L [00120] is reported at HKD 0.173, a decrease of HKD 0.025 or 12.63% from the previous closing price of HKD 0.198. The trading volume is HKD 0.2277 million. The highest price today is HKD 0.191 and the lowest price is HKD 0.173. Based on the closing price yesterday, the 10-day average price is HKD 0.84, and the 50-day average price is HKD 0.86. The current P/E ratio is -2.35 times, and the 14-day strength index is reported at 52.11.
COSMOPOL INT'L (00120) fell by 73.90%, now trading at 0.199 yuan, hitting a 52-week low.
As of 11:47, COSMOPOL INT'L (00120) fell 73.90% compared to the previous closing price, now trading at HKD 0.199, hitting a new 52-week low; volume was 2.1234 million shares with a turnover of HKD 0.4241 million.
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COSMOPOL INT'L: ANNOUNCEMENT OF 2024 INTERIM RESULTS
COSMOPOL INT'L (00120.HK) issued a profit warning, expecting a net loss of approximately 0.169 billion Hong Kong dollars in the mid-term.
COSMOPOL INT'L (00120.HK) announced that it is expected to record a net loss of approximately HKD 169,000,000 in the mid-2024 period, while a loss of HKD 98,300,000 was recorded in the six-month period of the same period in 2023. The increase in losses during the review period was mainly due to the revision of the project development cost allocation basis adopted by the group's property projects in China in previous years, and the tax expenses imposed. On the other hand, due to the weak real estate market in China, the two development projects of the group located in Chengdu and Tianjin have been affected.
Express News | Cosmopolitan International Sees Net Loss of Approximately HK$169 Mln for Hy
Hong Kong stock market moves | Cosmopol Int’l (00120) plummeted by more than 17% in early trading and was removed from the Hang Seng Composite SmallCap Index.
At the opening bell, Cosmopol Int'l (00120) plummeted by more than 17%, and as of press time, it fell by 17.46%, to HK$0.26, with a turnover of HK$5.4826 million.
Cosmopol Int'l (00120) has been removed from the Hang Seng Composite SmallCap Index and may be removed from the Hong Kong Stock Connect.
On August 16th, Hang Seng Indexes Company announced its latest quarterly review results, which removed Cosmopol Int'l (00120) from the Hang Seng Composite SmallCap Index. The change will be implemented after the market closes on September 6th, 2024 (Friday) and will take effect on September 9th, 2024 (Monday).
COSMOPOL INT'L (00120.HK) plans to hold a board of directors meeting on August 28 to approve the interim performance.
COSMOPOL INT'L (00120.HK) announced on August 14th that the company will hold a board meeting on Wednesday, August 28th, 2024 to approve the release of the group's (including the company and its subsidiaries) interim performance for the six months ending June 30, 2024, and other related matters.
COSMOPOL INT'L: 2023 ANNUAL REPORT
COSMOPOL INT'L (00120) Announces 2023 Annual Results Shareholders' Losses of HK$372 Million YoY Profit to Loss
According to the Zhitong Finance App, COSMOPOL INT'L (00120) announced its 2023 annual results. The group achieved revenue of HK$77.3 million during the period, a year-on-year decrease of 92.4%; shareholders of the parent company should have accounted for a loss of HK$372 million; in the same period last year, shareholders of the parent company should have accounted for a profit of HK$4 million; a basic loss of HK32.35 cents per share. The announcement said that due to weak property market conditions in mainland China, the profit contribution of property sales revenue from the Group's two comprehensive development projects in Chengdu and Tianjin during the year under review was relatively small compared to last year. Also, considering the overall property
COSMOPOL INT'L: ANNOUNCEMENT OF 2023 GROUP FINAL RESULTS
Cosmopolitan International to Swing to Loss in 2023
[Yingliong Stock] Sihai International (00120) fell 3.54% and is expected to turn a profit and loss of 372 million yuan last year
Jinwu Financial News | Sihai International (00120) issued a profit warning, dragging down stock price performance. As of press release, it reported HK$1.09, down 3.54%, with a turnover of HK$1.7605 million. According to an announcement from the Financial Services Agency, the expected loss for 2023 is approximately HK$372 million, compared with a net profit of HK$4 million in the previous year. According to the announcement, the profit contribution of the Group's property sales in Chengdu and Tianjin was not significant during the year, mainly due to the fact that the Group's two development projects in Chengdu and Tianjin were not significant. Furthermore, considering the continued decline in overall property prices, the Group has accrued a total impairment loss of approximately HK$172 million for these two development projects.
COSMOPOL INT'L (00120) issued a profit warning. Annual shareholders' losses are estimated to be approximately HK$372 million
According to the Zhitong Finance App, COSMOPOL INT'L (00120) announced that the Group is expected to make a net loss for the year ended December 31, 2023 and achieve a net profit of HK$4 million in 2022. Due to weak real estate market conditions in mainland China, the profit contribution of property sales from the Group's two comprehensive development projects in Chengdu and Tianjin during the year under review was relatively small compared to last year. Furthermore, considering the continued decline in overall property prices, the Group has accrued impairment losses for some of the properties for sale and some of the properties under development within these two development projects. The total amount is approximately
COSMOPOL INT'L: PROFIT WARNING
COSMOPOL INT'L (00120.HK) will hold a board meeting on March 27 to approve the full year results
Gelonghui March 13 丨 COSMOPOL INT'L (00120.HK) issued an announcement. The company will hold a board meeting on March 27, 2024 to approve the release of the Group's annual results for the year ended December 31, 2023 and other related matters.
COSMOPOL INT'L: DATE OF BOARD MEETING
COSMOPOL INT'L (00120) fell 2.20% and is now at 1.830 yuan, hitting a 52-week low
As of 11:16 COSMOPOL INT'L (00120), down 2.20% from yesterday's closing price, now reports a 52-week low of $1.830; the trading volume is 0.6 million shares, with a turnover of HK$11,000.
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