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Sino ICT Holdings Limited Reports 2024 Annual Results With Revenue Growth Amid Losses
SINO ICT (00365.HK) is expected to generate approximately 0.247 billion HKD in revenue for 2024, a year-on-year increase of about 16.64%.
On March 31, Gelonghui reported that SINO ICT (00365.HK) announced that for the year ending December 31, 2024, the Group recorded total revenue of approximately HKD 0.247 billion, an increase of about 16.64% year-on-year, mainly due to increases in revenue from SMT and Semiconductors manufacturing and related businesses and Energy business revenue. During the year, the loss attributable to equity owners was approximately HKD 34.417 million, a decrease of HKD 28.092 million compared to the same period last year. The loss per share attributable to the owners of the Company was HKD 2.04 cents. Looking back at 2024, the Global GDP growth rate was approximately 3.2%, indicating stability.
SINO ICT: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
SINO ICT (00365.HK) will hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui March 19 - SINO ICT (00365.HK) announced that the Board of Directors will hold a meeting on March 31, 2025, to approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for the final dividend distribution (if any).
Sino ICT Holdings Updates Hong Kong Share Registrar
SINO ICT (00365.HK) appointed Bai Yu as a non-executive Director.
On December 11, Glonghui reported that SINO ICT (00365.HK) announced that Li Jinxian resigned as a non-executive director and a member of the Audit Committee under the Board of Directors due to work arrangement changes effective from December 11, 2024. It further announced that Bai Yu was appointed as a non-executive director and a member of the Audit Committee effective from December 11, 2024. The Audit Committee will consist of two independent non-executive directors and one non-executive director, namely Cui Yuzhi (Committee Chair), Bao Yi, and Bai Yu, effective from December 11, 2024.
YC Xiao :
This shows that sanction could be backfire.
Spinee OP YC Xiao :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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