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Fulu Plans Repurchase of Up to Nearly 41 Million Shares
fulu holdings (02101.HK) intends to conduct share repurchases in the market.
Glory Times reported on December 6th that fulu holdings (02101.HK) announced at the annual general meeting of shareholders held on May 17, 2024, the general mandate was approved, granting the board of directors the right to repurchase up to 10% of the company's issued shares on the date (i.e. up to 40,864,088 shares). On December 6, 2024, the board of directors hereby announces that the resolution to exercise the share repurchase authorization, subject to market conditions, will repurchase from time to time not more than the number of company shares authorized for share repurchase on the public market. The company will provide funds for the proposed share repurchase from internal financial resources and intends to use stock.
fulu holdings [02101] is now trading at 2.32 Hong Kong dollars, with an increase of 14.85%.
As of 09:44, fulu holdings [02101] reported 2.32 Hong Kong dollars, up 0.3 Hong Kong dollars or 14.85% from the previous closing price of 2.02 Hong Kong dollars, with a turnover of 0.0012 million Hong Kong dollars. The highest price today is 2.32 Hong Kong dollars, the lowest price is 2.32 Hong Kong dollars. Based on the closing price from yesterday, the 10-day average price is 1.96 Hong Kong dollars, the 50-day average price is 2.06 Hong Kong dollars, and the current pe ratio is 7.97 times. The 14-day relative strength index is reported as 43.90.
FULU HOLDINGS: Interim Report 2024
Fulu Holdings (02101.HK) reported a 21.9% year-on-year decrease in midterm revenue to 0.196 billion yuan.
Glory Times August 28th | Fulu Holdings (02101.HK) announced that for the six months ended June 30, 2024, the company's revenue decreased by 21.9% year-on-year to RMB 0.196 billion. The company's profit for the period decreased by 8.4% year-on-year to RMB 35.247 million. The earnings per share attributable to equity holders of the parent company was 0.09 RMB. The decrease in revenue was mainly due to the decline in GMV of digital commodity trading, leading to a decrease in revenue from digital commodity-related services.
Fulu Holdings Unveils 2024 Interim Results
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