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goldenpower (03919.HK) plans to hold a board of directors meeting on August 16 to approve mid-term performance.
Goldenpower (03919.HK) announced that the board of directors meeting will be held on Friday, August 16, 2024, to consider (including) the following matters: 1. Consider and approve the unaudited comprehensive performance of the group for the six months ended June 30, 2024 ('mid-term performance'); 2. Consider and approve the mid-term performance announcement to be published on the HKEX website and the company website; 3. Consider recommending the payment of interim dividends (if any); 4. Consider suspending the transfer registration of company shares (if necessary); and 5. Deal with any other matters.
Golden Power Group Expects Narrower Loss in H1, Shares Up 17%
Goldenpower (03919.HK) issued a profit warning: expected net loss of HKD 2 to 5 million in the midterm.
Goldenpower (03919.HK) announced on August 5th that the company is expected to record a net loss of HKD 2 million to HKD 5 million for the six months ending on June 30, 2024. The net loss for the previous period was about HKD 10.3 million. The board of directors believes that the decrease in net loss for this period compared to the previous period is due to (i) a rebound in sales revenue compared to the first half of the 2023 fiscal year, resulting in an increase in gross profit; and (ii) a decrease in exchange losses compared to the first half of the 2023 fiscal year.
Express News | Golden Power Group Sees Increase in Gross Profit for Hy
Express News | Golden Power Group Holdings Ltd Sees Net Loss Within Range of HK$2 Mln to HK$5 Mln for Six Months
CITIC Securities: Domestic and foreign large storage demand continues to improve, pay attention to manufacturers with high proportion of overseas shipments.
The sustained increase in domestic and international energy storage demand is mainly due to factors such as policy support, cost reduction, new energy regulation demand, and electricity grid construction demand.
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