Most Kwai Chung Ltd. Schedules Crucial AGM
MOST KWAI CHUNG: 2024 Annual Report
Most Kwai Chung Unit to Buy 31% Additional Stake in Advertising Firm
Most Kwai Chung Increases Ownership in Subsidiary
Most Kwai Chung (01716) plans to acquire To Be Honest Limited for HKD 2.9082 million, increasing its stake from 31% to 51% of the issued share capital.
On July 11, 2024, Most Company C Limited (an indirectly wholly-owned subsidiary of the company) entered into a share purchase agreement with the seller according to the terms and conditions of the agreement to acquire and the seller agreed to sell the sale shares (which together represent 31% of the issued share capital of the target company, To Be Honest Limited) for a consideration of HKD 2.9082 million. As of the date of this announcement and prior to completion, Seller A and Seller B respectively own 37.5% and 37% of the target company.
Express News | Most Kwai Chung - Acquisition of 31% of Issued Share Capital of to Be Honest Ltd for HK$2.9 Mln
Most Kwai Chung Logs Narrow Loss in Fiscal 2024
Most Kwai Chung (01716.HK) annual earnings increased by about 39% to HKD 55.2 million year-on-year.
Most Kwai Chung (01716.HK) announced that as of the fiscal year ending March 31, 2024, the group's income increased by about 39% year-on-year to about HK$55.2 million. The increase was mainly due to the increase in revenue from the digital media services segment; a net loss of HK$9.3 million; a basic loss per share of 3.41 Hong Kong cents; the board of directors does not recommend the payment of dividends for the year-end period (2023: zero Hong Kong dollars). The group, along with other multinational media services participants and a large number of small and medium-sized companies in the online advertising industry in Hong Kong, focuses on brand awareness, service quality, sales, and marketing effectiveness.
MOST KWAI CHUNG: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 MARCH 2024
Most Kwai Chung (01716.HK) held a board of directors meeting on June 27 to approve the annual performance.
Mo Ji Kwai Chung (01716.HK) announced on June 12 that the board of directors will hold a board meeting on Thursday, June 27, 2024, to approve (including) the company and its subsidiaries' annual performance as of March 31, 2024, and consider the distribution of final dividends (if any).
MOST KWAI CHUNG: 2023/24 Interim Report
Changes in Hong Kong stocks | Mao Ji Kwai Chung (01716) is now up more than 64%, and the stock price fluctuates dramatically throughout the day, with an intraday amplitude of 682%
Mao Ji Kwai Chung (01716) now has a transaction since opening today, involving 4,000 shares at an average price of HK$3.05 per share, which is about 682% higher than yesterday's closing price of HK$0.39. Since then, the stock price has fluctuated dramatically throughout the day. As of press release, it has increased by 64.1% to HK$0.64, with a turnover of HK$1,832,800.
Mao Kee Kwai Chung [01716] is now reported at HK$0.4, a decrease of 10.11%
As of 15:56, Maoji Kwai Chung [01716] reported HK$0.4, down HK$0.045 or 10.11% from yesterday's closing price, with a turnover of HK$12,000, today's highest price of HK$0.4, and the lowest price of HK$0.4. Based on yesterday's closing price, the 10-day average price is HK$0.41, the 50-day average price is HK$0.46, and the current price-earnings ratio is -5.89 times. The 14-day strength index is 50.00.
MOST KWAI CHUNG: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023
MOST KWAI CHUNG: 2023 Annual Report
Mao Kee Kwai Chung (01716.HK)'s net loss for the year increased to HK$20.387,000
Glonway June 29丨Mao Kwai Chung (01716.HK) announced that for the year ended March 31, 2023, the company's earnings were HK$39.593 million, a year-on-year decrease of 41.58%; the company's shareholders' loss during the period was HK$20.387 million, compared to HK$16.325 million for the same period last year; the basic loss per share was HK$7.55 cents.
Mao Ji Kwai Chung (01716) announced annual results. Shareholders should account for losses of HK$20.387 million, up 24.88% year on year
According to the Zhitong Finance App, Mao Ji Kwai Chung (01716) reported results for the year ended March 31, 2023, with earnings of approximately HK$39.593 million, a year-on-year decrease of 41.58%; shareholders' losses attributable to HK$20.387 million, an increase of 24.88% over the previous year; and a basic loss of HK7.55 cents per share. According to reports, the decline in revenue is mainly due to reduced revenue from other media service divisions.
MOST KWAI CHUNG: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2023
Express News | Most Kwai Chung to Widen FY23 Loss
Most Kwai Chung: 2022/23 Interim Report
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