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NVC Intl (02222.HK): Completes acquisition of industrial park property in Georgia, USA
Guangdong Raynous International (02222.HK) announced that the company plans to acquire the industrial park property in Georgia, USA through its indirect wholly-owned subsidiary, ETI Solid State Lighting Inc, for a price of 15.25 million US dollars. The property is a newly developed post-loaded storage facility located in an industrial park in Georgia, USA, with a total area of 111,103 square feet, of which 2,965 square feet are used for office purposes. All the preconditions under the agreement have been met, and the delivery of the acquisition has been completed on August 28, 2024 (US time).
NVC International H1 Profit Soars
nvc intl (02222) released its interim results, with a profit attributable to shareholders of $7.66 million, an increase of 640.81% year-on-year.
NVC International (02222) has announced its interim performance results for the six months ended June 30, 2024, during which the group achieved...
Express News | NVC International Holdings H1 Basic EPS USD 0.0151
NVC INTL: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
NVC Intl (02222.HK) Profit Update: The estimated interim net profit is not expected to exceed 10 million US dollars.
The board of directors of nvc intl (02222.HK) announced that the group is expected to record a net profit of no more than 10 million US dollars for the six months ended June 30, 2024, while a net profit of 1.823 million US dollars was recorded for the six months ended June 30, 2023. The board of directors believes that the expected increase in mid-term net profit is mainly due to (i) the return of transportation costs to normal; and (ii) effective cost control by the group resulting in a decrease in operating expenses.
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