YANGTZEKIANG: 2023/2024 ANNUAL REPORT
Yangtzekiang Garment Widens Loss for Fiscal 2024, Shares Up Over 3%
Yangtzekiang (00294) will distribute a final dividend of HKD 0.02 per share on October 23.
Yangtzekiang Garment (00294) announced that the company will distribute a final dividend of HKD 0 per share on October 23, 2024.
Yangtzekiang (00294.HK) incurred a loss of HKD 48.17 million for the year.
On June 18, Glonhui reported that Yangtzekiang (00294.HK) had a revenue of HKD 234,302,000 for the 2023/24 fiscal year (HKD 365,761,000 for the 2022/23 fiscal year) and an overall loss of HKD 48,172,000 (HKD 23,249,000 loss for the 2022/23 fiscal year). The board of directors recommended a final dividend of 2 Hong Kong cents per ordinary share (2 Hong Kong cents per share for 2023). Despite recording significant losses overall, the group was able to maintain a small operating profit. However, this operating profit is mainly attributed to the company's stability.
YANGTZEKIANG: ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 MARCH 2024
yangtzekiang (00294.HK) issued a profit warning: an expected annual loss of approximately 45 to 55 million Hong Kong dollars.
On June 11, Guosen News reported that Yangtzekiang (00294.HK) announced that the group expects a loss of approximately HKD 45 million to HKD 55 million for the year ending March 31, 2024, compared to a net loss of HKD 23 million for the year ending March 31, 2023. The Board of Directors believes that the expected loss is mainly due to the following reasons: (1) the group expects revenue and gross profit to decrease by about 35% and 40% respectively, compared to approximately HKD 366 million and HKD 72 million revenue and gross profit in the same period of 2023. The decrease in revenue and gross profit is mainly due to the decline in overseas market demand; (2) the group expects...
Express News | Yangtzekiang Garment Ltd Sees Decrease in Revenue and Gross Profit by 35% and 40% Respectively for Year
Express News | Yangtzekiang Garment Sees Loss for Year in Range of HK$45 Mln and HK$55 Mln
Board of directors of Yangtzekiang (00294.HK) held a meeting on June 18 to consider and approve annual performance.
On June 4th, Grong Hui reported that Yangtzekiang (00294.HK) announced that the board of directors meeting will be held on Tuesday, June 18, 2024 at 4:00 PM at 22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, to discuss the following matters: 1. Consider and approve the audited financial statements of the Group for the year ended March 31, 2024, and approve the publication of the Group's annual results on the HKEX and the company's website; 2. Consider the payment of final dividends (if any); 3. Consider suspending the procedures for share transfer registration (if necessary); 4. Consider the time and place of the company's annual general meeting.
Optimistic Investors Push Yangtzekiang Garment Limited (HKG:294) Shares Up 25% But Growth Is Lacking
YANGTZEKIANG: 2023/2024 INTERIM REPORT
Yangtzekiang Garment Swings to First-Half Loss
Revenue from the core ready-to-wear business fell sharply, and Changjiang Garment (00294.HK) had a profit and loss in the medium term to HK$18.367 million
Gelonghui November 29丨Changjiang Garment (00294.HK) announced that for the six months ended September 30, 2023, the company's revenue was HK$98.153 million, a year-on-year decrease of 50.81%; losses attributable to the company's shareholders during the period were HK$18.367 million, compared with a profit of HK$7.821 million for the same period last year; and the basic loss per share was HK$0.09. During the period, revenue from the company's core ready-to-wear business declined sharply, which had an adverse impact on the company's performance. The losses recorded by the company's joint venture in Wuxi have further led to negative results. The company's core ready-to-wear business recorded losses during the review period.
YANGTZEKIANG: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
Yangtzekiang Garment to Swing to Loss in Fiscal H1
Changjiang Garment (00294.HK) will hold a board meeting on November 29 to approve the interim results
Gelonghui November 15 | Changjiang Garment (00294.HK) announced that the board of directors will hold a meeting on November 29, 2023 (Wednesday) at 2:45 p.m., at 22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, to approve (among other things) the unaudited consolidated results of the company and its subsidiaries for the six months ended September 30, 2023 and their publication, as well as to consider the payment of interim dividends (if any).
Why It Might Not Make Sense To Buy Yangtzekiang Garment Limited (HKG:294) For Its Upcoming Dividend
Shareholders Will Probably Not Have Any Issues With Yangtzekiang Garment Limited's (HKG:294) CEO Compensation
YANGTZEKIANG: 2022/2023 ANNUAL REPORT
YANGTZEKIANG To Go Ex-Dividend On September 27th, 2023 With 0.02 HKD Dividend Per Share
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