Edvance International Holdings Returns to Profit in Fiscal Year 2024
Edvance International Holdings (HKG:1410) swung to an attributable profit of HK$29.7 million, or HK$0.0293 per share, in the year ended March 31, from a loss of HK$27.5 million, or HK$0.0272 per share
Edvance Intl (01410.HK) turned a profit of approximately HKD 29.7 million in the 2024 fiscal year, reversing the previous year's losses.
On June 24th, Gralon announced that in the 2024 fiscal year, Edvance Intl (01410.HK) generated revenue and gross profit of approximately HKD 625 million and HKD 137 million, respectively, an increase of approximately 8.3% and a decrease of approximately 0.2% compared to the revenue and gross profit of approximately HKD 577 million and HKD 137 million in the 2023 fiscal year. In the 2024 fiscal year, the company recorded a net profit attributable to owners of approximately HKD 29.7 million (2023 fiscal year: net loss attributable to owners of approximately HKD 27.5 million). Earnings per share were 2.94 Hong Kong cents. In the 2024 fiscal year, the company provided cybersecurity services.
Express News | Corrected-Edvance International Holdings FY Net Income HKD 29.7 Million (Corrects Amount)
Express News | Edvance International Holdings FY Revenue HKD 625.4 Million
Express News | Edvance International Holdings FY Gross Margin 21.9%
Express News | Edvance International Holdings FY Net Income HKD -32.4 Million
Express News | Edvance International Holdings FY Gross Profit HKD 137 Million
EDVANCE INTL: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2024
Edvance International to Swing to Profit
Edvance International Holdings (HKG:1410) expects an attributable profit of between HK$25 million and HK$30.5 million for the year ended March 31, rebounding from an attributable loss of HK$27.5 milli
Edvance Intl (01410.HK) Profit Joy: Expected annual net profit of about HKD 25-30.5 million, turning from loss to profit year-on-year.
On June 7, GlobalInfo reported that Edvance Intl (01410.HK) announced that it is expected to achieve a net profit of HKD 25-30.5 million attributable to shareholders of the company in the 2024 fiscal year, compared to a net loss of approximately HKD 27.5 million attributable to shareholders of the company for the year ended March 31, 2023. The main reason for the expected reversal from net loss to net profit is that, according to an independent professional valuation report prepared by a valuer as of March 31, 2024, the non-listed investment of the controlling company of Hong Kong Digital Asset Trading Group Limited involved is recorded at fair value.
Express News | Edvance International - Expected Result Due to Fair Value Gain on Financial Assets
Express News | Edvance International Sees Turnaround to Net Profit Attributable of HK$25.0 Mln to HK$30.5 Mln for FY2024
EDVANCE INTL: POSITIVE PROFIT ALERT
Anling International (01410.HK) plans to sell 60% of the shares in Lion Global Financial Group
Glonghui, April 26 | Anling International (01410.HK) announced that on April 26, 2024, Edvance Financial (a direct wholly-owned subsidiary of the company), Jaguar Investment and Liao Rui Ting (as the seller) entered into the agreement with these buyers (Chen Ziyan, Li Haoxu, Lu Ting-kuang). Based on this, the sellers agreed to sell, and these buyers agreed to acquire 60% of the target company Lion Global Finance held by Edvance Financial at a cost of HK$6.445 million. As of the date of the agreement and immediately after completion
Anling International (01410) cancelled 8.04 million repurchased shares on March 26
According to Zhitong Finance App, Anling International (01410) announced that on March 26, 2024, the company cancelled 8.04 million repurchased shares.
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Gelonghui, Feb. 8 | Anling International (01410.HK) announced that Huang Jiming has a retirement plan and has resigned as an executive director and authorized representative of the company. The Company Chairman, Executive Director and Chief Executive Officer Liu Rui Ting will be appointed as an authorized representative under section 3.05 of the Stock Exchange's Securities Listing Rules.
Anling International (01410): Huang Jiming resigns as executive director and authorized representative
Anling International (01410) announced that Huang Jiming has a retirement plan and has resigned as an executive director and authorized representative of the company...
Anling International (01410) spent HK$44,000 to buy back 110,000 shares on December 27
According to the Zhitong Finance App, Anling International (01410) announced that on December 27, 2023, the company spent HK$44,000 to repurchase 110,000 shares at a repurchase price of HK$0.4 per share.
On December 20, Anling International (01410) spent HK$2,845,700 to repurchase 7.32 million shares
Anling International (01410) issued an announcement to spend HK$2,845,700 to repurchase on December 20, 2023...
On December 19, Anling International spent HK$2356 million to repurchase 610,000 shares
Anling International (01410) announced that on December 19, 2023, the company spent HK$2356 million to repurchase 610,000 shares at a repurchase price of HK$0.380-0.395 per share.
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