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China Electronics Optics Valley Union Expects to Swing to Loss in H1
CEOVU (00798.HK) warns of a loss: expected to lose between 50 million yuan to 0.1 billion yuan in the midterm.
Ceovu (00798.HK) announced on July 12 that the group is expected to incur a loss of 50 million yuan to 0.1 billion yuan for the six-month period ending on June 30, 2024. However, the profit for the six-month period ending on June 30, 2023 was 39.3 million yuan. The expected loss is mainly due to the unfavorable macro market environment and challenging operating conditions in the China Property sector, which has resulted in customers delaying their investment demand for park operation and development services, leading to reduced revenue from confirmed sales of the group's industrial park space in the first half of the year. On the other hand, the group has signed part ...
Express News | China Electronics Optics Valley Union- Expected Result Due to Decrease in Revenue Recognised From Sales of Industrial Park Space, Others
Express News | China Electronics Optics Valley Union Holding Co Sees Hy Loss RMB50.0 Mln to RMB100.0 Mln
CEOVU: PROFIT WARNING
ceovu (00798.HK) appointed Liu Bo as director.
On July 4th, Gelonhui announced that (a) Mr. Liu Guilin had resigned as a non-executive director, chairman of the board, and chairman of the nomination committee and authorized representative; (b) Ms. Liu Bo had been appointed as a non-executive director, chairman of the board, and chairman of the nomination committee and authorized representative, effective from July 4, 2024.
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