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KINGDOM HOLDING (00528.HK): Shen Hong resigns as Director.
On December 13, Glonghui announced that Ms. Shen Hong has resigned as an executive director to spend more time on retirement life. Mr. Yan Jinwei has also resigned as a non-executive director to dedicate more time to retirement life. Mr. Luo Guangxin has served on the Board of Directors for over 14 years and has resigned as an independent non-executive director, the chairman of the company's nomination committee, and a member of the company's audit committee and remuneration committee to allocate more time to other matters. Mr. Ren Zhong has been appointed as an executive director. Mr. Yan Jintang has been appointed as a non-executive director, effective from December 13, 2024.
Express News | Kingdom Holdings - Shen Hong Resigned as an Executive Director
Kingdom Holding [00528] is now trading at 1.32 Hong Kong dollars, with a rise of 10.92%.
As of 10:02, kingdom holding [00528] reported 1.32 Hong Kong dollars, up 0.13 Hong Kong dollars or 10.92% from the previous closing price of 1.19 Hong Kong dollars, with a turnover of 0.049 million Hong Kong dollars. The highest price today is 1.32 Hong Kong dollars, the lowest price is 1.19 Hong Kong dollars. Based on the closing price yesterday, the 10-day average price is 1.18 Hong Kong dollars, the 50-day average price is 1.19 Hong Kong dollars. The current PE ratio is 3.93 times, and the 14-day relative strength index is 48.00.
KINGDOM HOLDING: INTERIM REPORT 2024
Kingdom Holding (00528.HK) saw a approximately 9.5% increase in attributable net profit to around 73.96 million yuan for the mid-term of the parent company.
Kingdom Holding (00528.HK) announced on August 29th that the company's revenue increased by about 37.5% to approximately RMB 1,129,916,000 for the six months ended June 30, 2024. The surge in revenue was mainly due to the increase in the average selling price of linen yarn during the review period. The attributable net profit of the parent company increased by about 9.5% from approximately RMB 67,549,000 in the previous period to approximately RMB 73,961,000 in the review period.
Express News | Kingdom Holdings H1 Gross Margin 17.6%
