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ruixin int'l (00724.HK) will be suspended from September 2nd until the publication of the mid-year performance in 2024.
On September 2, Guolonghui reported that Ruixin International Group (00724.HK) announced that due to the company's inability to publish its 2024 interim performance by August 30, 2024, the company's shares will be temporarily suspended from trading on the Hong Kong Stock Exchange at 9:00 am on September 2, 2024, in accordance with Rule 13.50 of the Listing Rules, to await the publication of the 2024 interim performance.
RUIXIN INT'L: BUSINESS UPDATE,DELAY IN PUBLICATION OF INTERIM RESULTSAND DISPATCH OF INTERIM REPORTFOR THE SIX MONTHS ENDED 30 JUNE 2024AND SUSPENSION OF TRADING
ruixin int'l (00724.HK) suspended trading this morning
Ruixin International Group (00724.HK) announced that its shares will be suspended from trading starting 9:00 am today (2/9/2024).
Ruixin Int'l (00724.HK) will convene a board of directors meeting on August 30 to approve the interim results.
Ruixin int'l(00724.HK) announced on August 16th that the board of directors will hold a meeting on August 30th, 2024 to consider and approve the interim performance of the company and its subsidiaries for the six months ended June 30, 2024, as well as the publication of it. It will also consider the distribution of interim dividends (if any).
Ruixin International H1 Loss Shrinks
Ruixin Int'l (00724.HK) issues profit warning: expected to incur a loss of approximately 21 million HKD in the first half of the year.
Ruixin Int'l (00724.HK) announced that it is expected to report a loss of around HKD 21 million for the six months ending on June 30, 2024, while it incurred a loss of about HKD 34.8 million for the six months ending on June 30, 2023. The expected reduction in losses during the reporting period is mainly due to the decrease in losses from the electronic product business operation, which was offset by the increase in interest expenses estimated from the convertible bonds and shareholder loans. Due to the weak global economic environment, global tariff protection issues, rising interest rates, the fast progress, development, and intense competition in the industry, combined with the group's poor financial situation,
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