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The Market Doesn't Like What It Sees From Austar Lifesciences Limited's (HKG:6118) Revenues Yet As Shares Tumble 34%
Unfortunately for some shareholders, the Austar Lifesciences Limited (HKG:6118) share price has dived 34% in the last thirty days, prolonging recent pain. For any long-term shareholders, the last m
AUSTAR: 2023 Annual Report
Aoxing Life Technology (06118.HK)'s total annual revenue was about 1,764 billion yuan, a year-on-year decrease of about 18.2%
Gelonghui, March 26, 丨 Aoxing Life Technology (06118.HK) announced that for the year ended December 31, 2023, the Group's total revenue was approximately RMB 1,763.7 million, a decrease of about 18.2% compared to the year ended December 31, 2022. This was mainly due to reduced revenue from the Fluid and Bioprocess Systems, Clean Room and Automated Control and Monitoring Systems and Life Science Consumables business segments, partially offset by increased revenue from the Powder Solids Systems, Pharmaceutical Equipment Distribution and Agency business segments. The Group recorded an annual loss of RMB 151.3 million in the current year compared to 2
Aoxing Life Technology (06118) announced the 2023 annual results. Shareholders' share loss of 113 million yuan changed from profit to loss year-on-year
According to the Zhitong Finance App, Aoxing Life Technology (06118) disclosed its 2023 annual results. The group achieved revenue of 1,764 billion yuan (RMB, same below) during the reporting period, a year-on-year decrease of 18.23%. Gross profit of 336 million yuan, a year-on-year decrease of 31.25%. The owners of the company should have accounted for a loss of 113 million yuan during the year, changing from profit to loss over the same period last year. Loss of $0.22 per share. During the reporting period, the group's order volume decreased by about 32.7% compared to 2022, due to a decrease in the number of projects and delays in project progress due to a slowdown in capital expenditure investment after recovering from the COVID-19 pandemic.
AUSTAR: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Aoxing Life Technology (06118.HK) held a board meeting on March 26 to consider and approve annual results
Glonghui March 14 | Aoxing Life Technology (06118.HK) announced that the board of directors meeting will be held on March 26, 2024 (Tuesday) to consider and approve (including) the Group's annual results for the year ended 31 December 2023 and the proposed payment of a final dividend (if any).
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