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GLOBAL BIO-CHEM (00809.HK) intends to hold a Board of Directors meeting on March 28 to approve the annual performance.
Gelonghui reported on March 18 that GLOBAL BIO-CHEM (00809.HK) announced that the Board of Directors meeting will be held on March 28, 2025, to review and approve the company's and its subsidiaries' full-year performance for the year ending December 31, 2024, and to consider the distribution of a final dividend (if any).
GLOBAL BIO-CHEM: NOTICE OF BOARD MEETING
Global Bio-chem Technology's Net Gain to Plunge in 2024
Global Bio-chem Issues Profit Warning Amid Decreased Net Gain
GLOBAL BIO-CHEM (00809.HK) expects annual revenue and gross profit to increase by approximately 45.7% and 338.1% respectively.
On March 13, Gelonghui announced that GLOBAL BIO-CHEM (00809.HK) expects to record net income (excluding tax effects) ranging from approximately HKD 600,000,000 to HKD 800,000,000 for the year ending December 31, 2024, significantly lower than the net income (excluding tax effects) of approximately HKD 4,178,100,000 recorded by the Group last year for ongoing and discontinued business operations. The discontinued operations during the same period last year included (among others) the operations of GLOBAL SWEET Holdings Limited and its subsidiaries, ending in December 2023.
Express News | Global Bio-Chem Technology - FY Revenue Expected to Increase by 45.7% to HK$2,001.1 Mln
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