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AustAsia: Fair Value Loss on Biological Assets, Decrease in Selling Price of Raw Milk Weighed on Results >2425.HK
AustAsia Expects 2024 Loss to Widen Significantly >2425.HK
Gelonghui Selected Announcement (Hong Kong Stocks) | Semiconductor Manufacturing International Corporation (00981.HK) expects sales revenue to exceed 8 billion dollars in 2024, a year-on-year growth of 27%.
【Today's Focus】Semiconductor Manufacturing International Corporation (00981.HK) expects sales revenue to exceed 8 billion USD in 2024, a 27% year-on-year increase. Semiconductor Manufacturing International Corporation (00981.HK) announced its unaudited results for the three months ending December 31, 2024. In the fourth quarter of 2024, sales revenue was 2.2073 billion USD, a quarter-on-quarter increase of 1.7% and a year-on-year increase of 31.5%; gross profit was 0.499 billion USD, a quarter-on-quarter increase of 12.3% and a year-on-year increase of 81.5%; the gross margin for the fourth quarter of 2024 was 22.6%, compared to 20.5% in the third quarter of 2024 and the fourth quarter of 2023.
AustAsia Group Issues Profit Warning Amid Market Challenges
AUSTASIA GROUP (02425.HK) warns of earnings: expects a net consolidated loss of 1.17 billion yuan to 1.38 billion yuan in 2024.
On February 11, Glonghui reported that AUSTASIA GROUP (02425.HK) announced a preliminary assessment of the group's unaudited consolidated management accounts for the year ending December 31, 2024 ("fiscal year 2024"). The group expects to record a consolidated net loss of approximately RMB 1.17 billion to RMB 1.38 billion, while the net loss for the year ending December 31, 2023 is approximately RMB 0.489 billion. Despite facing numerous difficulties, the group has taken effective measures to reduce costs and has achieved significant cost savings throughout the fiscal year 2024.
Express News | AustAsia Group - Expected Result Due to Decreases in Selling Prices for Both Raw Milk and Beef Cattle, Others
