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We Think Some Shareholders May Hesitate To Increase Infinity Development Holdings Company Limited's (HKG:640) CEO Compensation
INFINITY DEV (00640.HK): Tang Qinghua resigns as Independent Non-Executive Director.
Gelonghui, on February 14, announced that starting from February 14, 2025, Mr. Tang Qinghua will no longer serve as the company's independent non-executive director, nor as the chairman of the audit committee, or as a member of the nomination committee and remuneration committee.
INFINITY DEV: ANNUAL REPORT 2024
Infinity Development Logs Higher Profit, Revenue in Fiscal 2024
INFINITY DEV (00640.HK) annual profit is approximately 0.1 billion HKD, an increase of about 49.7% year-on-year.
On December 13, Gluonhui announced that INFINITY DEV (00640.HK) reported revenues of approximately HKD 736,338,000 and approximately HKD 671,750,000 for the years ending September 30, 2024 and 2023, representing an increase of about 9.6%. For the years ending September 30, 2024 and 2023, the profit attributable to shareholders was approximately HKD 100,411,000 and approximately HKD 67,054,000, showing an increase of about 49.7%. The Board of Directors has proposed a final dividend of 5.4 HK cents per ordinary share to shareholders (last year: 3.
INFINITY DEV: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 30 SEPTEMBER 2024