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GILSTON GROUP: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023
Gilston Group Mourns Loss of Major Shareholder
Jinteng Group (02011): Main shareholder Wu Jingming passed away.
Tencent Group (02011) announced that Mr. Wu Jingming peacefully passed away on September 2, 2024. Mr. Wu Jingming...
Express News | China APEX GROUP H1 Revenue HKD 160.4 Million
GILSTON GROUP: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Cathay Pacific Group (02011.HK) expects a significant increase in the first half of the year in net profit attributable to equity shareholders to approximately 10.85 million Hong Kong dollars.
The board of directors of China Teng Group (02011.HK) announced on August 28 that the group is expected to record a net profit attributable to equity shareholders of approximately HKD 10.85 million for the six months ended June 30, 2024, while a net profit attributable to equity shareholders of approximately HKD 3.39 million was recorded for the six months ended June 30, 2023. The board of directors believes that the increase in profits is mainly due to the introduction of property management business, which contributed substantial revenue of approximately HKD 45.27 million during this period. The increase is offset by losses of approximately HKD 6.14 million from the sale of properties, factories, and equipment based on share-based compensation expenses.
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