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Alltronics (00833.HK) plans to potentially acquire a 51% indirect stake in Momentum Industrial (Vietnam) for 2 million US dollars.
On September 11th, Groong Hui announced that on September 11, 2024, the company entered into a non-binding memorandum of understanding with Rainno Holding PTE Limited (Rainno), a company registered in the Republic of Singapore, regarding the potential acquisition of 51% indirect equity in Momentum Industrial (Vietnam) Limited (the target company), a limited company registered in Vietnam, for a proposed price of $2 million. The target company has not yet commenced operations.
Alltronics (00833) will distribute a mid-term dividend of HKD 0.03 per share on October 24th.
alltronics (00833) announced that it will distribute dividends as of June 30, 2024, on October 24, 2024...
Alltronics (00833.HK) mid-year operating income decreased by 27.7% to 0.5275 billion Hong Kong dollars
On August 29th, Alltronics (00833.HK) announced that for the six months ended June 30, 2024, the company's total revenue decreased by 27.7% to HKD 527.5 million, compared to HKD 729.2 million in the same period of 2023. The decrease in revenue was due to a decrease in customer demand during the period. The company's attributable net profit was HKD 36.1 million, compared to HKD 52.2 million in the same period of 2023. The board of directors proposes to declare an interim dividend of 3.0 HK cents per ordinary share.
ALLTRONICS: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Alltronics (00833.HK) plans to hold a board of directors meeting on August 29 to approve its mid-year performance.
Alltronics (00833.HK) announced that it will hold a board of directors meeting on Thursday, August 29, 2024, at Room 408, 4/F, Manulife Financial Centre, 18 Wai Yip Street, Hong Kong, to consider and approve the company's and its subsidiaries' mid-term results for the six months ending June 30, 2024, and propose the distribution of interim dividends (if applicable), as well as handle other matters.
More Unpleasant Surprises Could Be In Store For Alltronics Holdings Limited's (HKG:833) Shares After Tumbling 29%
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