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FOLANGSI (02499.HK) held a Board of Directors meeting on March 19 to consider and approve the annual performance.
Gelonghui reported on March 5 that FOLANGSI (02499.HK) announced that a Board of Directors meeting will be held on March 19, 2025 (Wednesday) to consider and approve, including the full-year performance and its release for the year ending December 31, 2024, consider the proposal for the final dividend (if any), and address Other matters.
FOLANGSI: NOTIFICATION OF BOARD MEETING
Folangsi's 2024 Profit to Rise Up to 242%
FOLANGSI (02499.HK) released a profit warning: it is expected that the net income for the 2024 fiscal year will increase by 209.6% - 242.3% year-on-year.
Gelonghui, February 19th丨FOLANGSI (02499.HK) announced a profit warning. For the year ending December 31, 2024, the group expects to record a net income between approximately RMB 96.6 million and approximately RMB 0.1068 billion. This is expected to represent an increase of approximately RMB 65.4 million to approximately RMB 75.6 million compared to the net income of approximately RMB 31.2 million for the year ending December 31, 2023, which represents a growth of approximately 209.6% to 242.3%. The expected increase in net income is mainly due to the following reasons: (i) In response to the increasing demand for cost reduction and efficiency enhancement in the market, the company actively
Express News | Folangsi Co Ltd - Expected Result Due to Expansion of Its Product Categories, Others
Express News | Folangsi Co Ltd Sees Net Profit From RMB96.6 Mln to RMB106.8 Mln for Year