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Golden Power Group Proposes 20-to-1 Share Consolidation; Shares Drop 14%
GOLDENPOWER (03919) plans to conduct a share consolidation based on a "20 for 1" ratio.
GOLDENPOWER (03919) announced that the Board of Directors suggests implementing a share consolidation, with a benchmark of every 20 shares of the company's capital...
Express News | Golden Power - to Implement Share Consolidation That 20 Shares Be Consolidated Into 1 Share
GOLDENPOWER (03919.HK): For the fiscal year 2024, Shareholders are expected to incur a loss of 6.37 million HKD.
Gelonghui, March 21 │ GOLDENPOWER (03919.HK) announced that for the year ending December 31, 2024, the group recorded revenue of approximately 0.318 billion HKD this year, an increase of about 17.57% compared to the previous year. The company's loss attributable to shareholders for this year was approximately 6.37 million HKD (2023: approximately 10.92 million HKD), with a basic loss per share of 1.18 HKD cents. The decrease in the loss attributable to shareholders was mainly due to the combined impact of the following factors: (i) an increase in revenue of about 47.48 million HKD, resulting in a gross profit increase of approximately 8.71 million HKD compared to the previous year; and (ii) investments held by the group.
Express News | Golden Power Group Holdings FY Gross Profit HKD 79.45 Million
Express News | Golden Power Group Holdings FY Gross Margin 25%
Golden Power Group Holdings Limited's (HKG:3919) 27% Share Price Surge Not Quite Adding Up
