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Soochow Securities: Terminal demand for heavy truck industry is flat, new energy funds perform well.
Over the next 24 years, as the economy weakly recovers, the growth of road freight volume is providing support for maintain quantity. The high oil and gas price differential is driving the continuous growth of natural gas heavy trucks due to economic reasons. Policy-driven new energy heavy trucks are being accelerated. High export growth in non-Russian regions offsets the decline in Russia, and the entire year's exports have resilience. The elimination of old trucks may lead to substantive subsidy policies to scrap National III/IV vehicles.
Express News | Corrected-Gemilang International H1 EPS USD 0.2 (Corrects Amount)
Express News | Gemilang International H1 EPS USD -564000
GEMILANG INTL: 2024 Interim Report
Gemilang International's Profit Rises for Six Months Ended April 30
Gemilang Intl released its interim results, with a profit of $736,000 attributable to shareholders, an increase of 183.08% year-on-year.
Gemilang Intl (06163) released its interim results for the six months ending April 30, 2024, with a revenue of $8.813 million, a year-on-year increase of 116.96%. The profit attributable to owners of the company was $736,000, an increase of 183.08% year-on-year. Basic earnings per share were 0.29 cents.
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Mikey Sheung Wan : Ousted Gemilang Co-founder is coming back to the same market competing with Gemilang.
Gemilang with its poor management and CEO lavish lifestyle is loosing its market shares rapidly.
Gemilang is a goner.