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CSC Holdings Raises SG$13.7 Million From Commercial Paper Issue
CSC Holdings Schedules Board Meeting to Approve Annual Results
CSC HOLDINGS (00235.HK) will hold a Board of Directors meeting on March 26 to approve the annual performance.
Gelonghui, March 14丨CSC HOLDINGS (00235.HK) announced that the Board of Directors will hold a meeting on March 26, 2025, to approve the announcement of the annual performance for the year ending December 31, 2024, for the company and its subsidiaries.
CSC HOLDINGS: NOTIFICATION OF BOARD MEETING
CSC's Profit to Plunge in 2024
CSC HOLDINGS (00235.HK): It is expected that the net profit for the fiscal year 2024 will be no less than 3 million HKD.
On March 13, Gelonghui reported that CSC HOLDINGS (00235.HK) announced that for the fiscal year ending December 31, 2024 ("Fiscal Year 2024"), the group expects to record a profit attributable to shareholders of no less than 3 million Hong Kong dollars, compared to the approximately 27 million Hong Kong dollars profit recorded for the fiscal year 2023. The announcement stated that the decrease in profit is mainly due to (i) impairment losses on receivable loans of approximately 11 million Hong Kong dollars (fiscal year 2023: reversal of 10 million Hong Kong dollars); (ii) decrease in impairment losses on other receivables to approximately 1.
