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Express News | Ko Yo Chemical (Group) FY Revenue RMB 2,600 Million
KO YO GROUP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
KO YO GROUP (00827.HK) expects an annual net loss of approximately 0.434 billion yuan.
On March 14, Gelonghui announced that KO YO GROUP (00827.HK) expects that for the year ending December 31, 2024, the group will record a net loss attributable to equity holders of the company of approximately RMB 434,000,000, compared to a net loss attributable to equity holders of approximately RMB 152,000,000 for the previous year, resulting in an increase in loss of approximately RMB 282,000,000. The main reason for the increase in net loss in 2024 is due to the decline in the gross margin of the group's products and the Guang'an KO YO electronic materials factory still being in the trial production stage.
Express News | Ko Yo Chemical (Group) - Expected Result Due to Decrease in Gross Profit Margin of Group's Product in FY, Others
Express News | Ko Yo Chemical (Group) Ltd - Expects Net Loss of RMB434 Million for 2024
KO YO GROUP (00827.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
On March 4th, Gelonghui reported that KO YO GROUP (00827.HK) announced that the Board of Directors will hold a meeting on March 28, 2025, at 10:00 AM at Room 02, 31st Floor, Sino Plaza, 255-257 Gloucester Road, Causeway Bay, Hong Kong, to discuss the following matters: 1. Review and approve the audited financial statements of the group for the year ending December 31, 2024, along with the Board of Directors and auditor's reports, and approve the publication of the annual performance announcement; 2. Consider the distribution of a final dividend (if any); 3. Consider the suspension of share transfer registration procedures (if necessary); 4. Consider convening the company's annual general meeting of shareholders; 5.
