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Elife Holdings CFO Steps Down; Successor Named
elife hldgs (00223.HK): Wang Guoquan has been appointed as Secretary and Financial Director, and has been authorized as a representative.
On November 26, Grong Hui announced that Zhou Zhihui resigned as the company's company secretary, company finance director, and authorized representative to receive legal documents and notices under the Securities Listing Rules of the Hong Kong exchange and the Company Ordinance (Hong Kong Chapter 622), effective from November 26, 2024. Wang Guoquan has been appointed as the company secretary, finance director, and authorized representative, effective from November 26, 2024.
Express News | Elife - Chow Chi Fai Resigned From Position of CFO
Elife Holdings Expects Loss to Widen in Fiscal H1
Elife Holdings Limited's (HKG:223) 33% Share Price Plunge Could Signal Some Risk
elife hldgs (00223.HK) expects a mid-term profit growth of around 68%.
On November 22, Gelonghui announced that elife hldgs (00223.HK) expects to record (i) a substantial increase in revenue of approximately HKD 49,400,000 for the six months ending September 30, 2024, compared to the same period last year; (ii) a significant decrease in gross profit of approximately HKD 4,900,000; and (iii) an increase in losses during the period of approximately HKD 48,800,000. Although the group's revenue during this period is expected to grow by about 68% compared to the same period last year (primarily due to the development of the group's supply chain business segment), it is anticipated that overall gross profit will decline, due to unfavorable market conditions.
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