CHINA ORIENTED: ANNOUNCEMENT ON THE INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
China Oriented International to Shrink Loss in H1
China Oriented International Foresees Reduced Losses
China oriented (01871.HK) is expected to narrow its net loss in the mid-term compared to the previous year.
China-oriented (01871.HK) announced on August 15th that based on a preliminary assessment of the unaudited comprehensive management accounts of the group for the six months ending June 30, 2024, compared with a net loss of approximately RMB 3.3 million for the six months ending June 30, 2023, the group is expected to record a net loss of approximately RMB 2 million to approximately RMB 2.5 million. The board of directors believes that the main reasons for the above changes are as follows: (I) the revenue from the driving training service business for large vehicles of the group has decreased, due to the continuing tense trade relations between China and the United States that have continued to affect the market conditions in the logistics industry.
Express News | China Oriented International - Expected Result Due to Decrease in Revenue From Group's Driving Training Service Business, Others
Express News | China Oriented International Sees Hy Net Loss Ranging From RMB2.0 Mln to RMB2.5 Mln
CHINA ORIENTED: PROFIT ALERT - REDUCTION IN LOSS
China Oriented Holdings Announces Key Board Meeting
China oriented (01871.HK) will hold a board of directors meeting on August 29th to approve the interim performance.
Board of directors of China Oriented (01871.HK) announced that the board meeting will be held on August 29, 2024 to review and approve the Company's and its subsidiary's interim performance for the six months ended June 30, 2024 for publication; to determine whether to declare, recommend or pay interim dividends (if any); and to handle other business.
Everbright Securities: Continued to be optimistic about Budweiser Asia Pacific (01871)'s competitive advantage in the high-end and ultra-high-end sectors to maintain an “gain” rating
Everbright Securities's net profit forecast for Budweiser Asia Pacific 2024-2026 is US$10.4/11.76/US$1,317 million, respectively.
CHINA ORIENTED: 2023 Annual Report
Annual results announced to China International (01871), shareholders' share loss of 8.443 million yuan narrowed 2.58% year over year
The annual results for the year ended December 31, 2023 were announced to China International (01871). The Group's revenue was RMB 39...
CHINA ORIENTED: ANNOUNCEMENT ON THE ANNUAL RESULTSFOR THE YEAR ENDED 31 DECEMBER 2023
Issuance of 35.9582 million new shares to China International (01871.HK) according to the “2 for 1” benchmark
On March 21, GLONGHUI issued an announcement to China International (01871.HK) to allocate and issue 35.9582 million new shares on March 20, 2024 on the basis of receiving one share for each of the two issued shares held, at a stock offering of HK$0.20 per share.
China International (01871.HK) expects annual net loss of about 7 million to 8.5 million yuan
On March 15, GLONGHUI announced to China International (01871.HK) that compared with a net loss of approximately RMB 8.7 million for the year ended December 31, 2022, the Group expects to record a net loss of approximately RMB 7.0 million to approximately RMB 8.5 million for the year ended December 31, 2023. The Board of Directors believes that the main reasons for this reduction in losses are as follows: (I) The Group's revenue from the driving training service business for large vehicles and small vehicles has declined. The reason is that market conditions in the logistics industry continue to deteriorate due to continued tension in trade relations between China and the US, leading to demand for driving courses
CHINA ORIENTED: PROFIT ALERT - REDUCTION IN LOSS
China International (01871.HK) plans to hold a board meeting on March 27 to approve the annual results
Glonghui, March 11, announced to China International (01871.HK) that the board of directors meeting will be held on March 27, 2024 (Wednesday) to review and approve (if deemed appropriate) the annual results of the company and its subsidiaries for publication for the financial year ended 31 December 2023; decide whether to declare, recommend or pay any dividends (if any); and handle other business.
It rose 5.30% to China International (01871) and now reports 0.300 yuan, a 52-week high
As of 09:47, China International (01871) is up 5.30% from yesterday's closing price, and now reports $0.300, a 52-week high; the trading volume is 224,000 shares, with a turnover of HK$661,000.
China International [01871] now reports HK$0.26, an increase of 12.55%
As of 09:52, HK$0.26 was reported to China International [01871], up HK$0.029 or 12.55% from yesterday's closing price of HK$0.231. Today's high price was HK$0.26 and the lowest price was HK$0.26. Based on yesterday's closing price, the 10-day average price was HK$0.22, and the 50-day average price was HK$0.21. The current price-earnings ratio was -10.12 times, and the 14-day strength and weakness index was reported at 50.33.
China Oriented Plans Rights Issue To Repay Debt
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