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China Ruyi Holdings Projects Strong Adjusted Profit Despite Accounting Loss
CHINA RUYI (00136.HK) expects the adjusted net profit (measured on a non-Hong Kong Financial Reporting Standards basis) to be approximately 1.2 billion yuan in 2024.
On March 21, Gelonghui announced that CHINA RUYI (00136.HK) expects to record an adjusted Net income (measured by non-Hong Kong Financial Reporting Standards) of approximately 1.2 billion RMB for the year ending December 31, 2024, an increase of about 111% compared to approximately 0.569 billion RMB for the same period in 2023. Presenting the adjusted Net income (not measured by Hong Kong Financial Reporting Standards) helps to eliminate the potential impact of several items, making it easier for Shareholders and potential investors to understand and compare the company's Operating performance across different periods. Furthermore, based on the information currently available to management, according to Hong Kong Financial Reporting Standards.
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CHINA RUYI: UPDATE ON FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 DECEMBER 2024
CHINA RUYI (00136.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui reported on March 19 that CHINA RUYI (00136.HK) announced a Board of Directors meeting scheduled for March 31, 2025 (Monday), aimed at approving the publication of the annual performance for the year ending December 31, 2024, of the company and its subsidiaries.
China Ruyi Holdings to Announce Annual Results