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State Energy Group to Change Its Name
State Energy Group International Assets Holdings (HKG:0918) proposed to change its name to Majestic Dragon AeroTech Holdings, a Wednesday filing with the Hong Kong Exchange said.
STATE EN ASSETS: Annual Report 2023/24
State En Assets (00918.HK) plans to change its name to "Long Wing Aviation Technology Holdings Limited".
State en assets (00918.HK) announced on July 10th that the board of directors recommends changing the company's English name from "State Energy International Assets Holdings Limited" to "Majestic Dragon AeroTech Holdings Limited" and adopting "Dragon Wing Aviation Technology Holdings Co., Ltd." as its second name to replace the current Chinese second name "State Energy Group International Asset Holdings Co., Ltd."
State Energy Group International Assets' Fiscal Year 2024 Net Loss Widens
State Energy Group International Assets Holdings' (HKG:0918) attributable loss more than doubled to HK$58.4 million, or HK$0.0677 per share, in the year ended March 31, from HK$24.7 million, in the ye
Express News | Corrected-State Energy Group International Assets Holdings FY Net Income HKD -58.4 Million (Corrects Amount)
State En Assets (00918.HK) has an annual income of about HKD 246 million, an increase of 19.1% year-on-year.
On June 24, Guolong News reported that State En Assets (00918.HK) announced that as of the fiscal year ending March 31, 2024, the Group recorded revenue of approximately HKD 246 million, a 19.1% increase from the previous year's revenue of approximately HKD 206.5 million. The Group recorded a gross profit of approximately HKD 55.3 million, about 46.2% higher than the previous year's gross profit of approximately HKD 37.8 million. This year's gross margin is approximately 22.5%, compared to the previous year's gross margin of 18.3%. The increase is mainly due to the increased revenue from drone business.
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