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PANGAEA CONNECT: ANNUAL REPORT 2024
Pangaea Connectivity's Quarterly Revenue Nearly Doubles on AI Boom
Huanlianlian News (01473.HK): Optimistic about the growth of the group's third quarter revenue and profitability
On July 4, Gelunhui reported that Huanlianlian (01473.HK) announced that due to strong market demand and an increase in sales of AI products from April 1, 2024 to June 30, 2024, the company achieved good performance, thus holding an optimistic attitude towards the development prospects of AI innovation and technology. Based on the strong demand in the second quarter, it is expected that this trend will continue, and the company is optimistic about recording growth and profitability in the third quarter of the group's income (compared with the same period last year). The company will continue to closely monitor the latest market trends and technologies, and strive to continue to play a role in relevant future cross-border cooperation projects and business opportunities.
Express News | Pangaea Connectivity Technology Ltd - Recorded Almost Double of Its Revenue for Q2 Vs Pcp
Pangaea Connectivity Technology's Fiscal 2024 Loss Narrows on Higher Revenue
Huanlian Lianxun (01473.HK) annual total income increased by about 15.5% year-on-year to HKD 1.384 billion.
On June 26, Grong Hui reported that for the annual performance period ending on March 31, 2024, the total revenue is expected to increase by about 15.5% YoY to HKD 1.384 billion. The net loss attributable to shareholders of the company is about HKD 29.3 million, while the net loss for the annual period ending on March 31, 2023 was HKD 31.4 million. The basic loss per share for the year was HKD 0.0293, while the basic loss per share for the period ending on March 31, 2023 was HKD 0.0314. The board of directors does not recommend paying dividends for the current fiscal year (2023: none). The Group has remained committed.
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