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bar pacific (08432) issued 9.632 million shares based on the share awards granted under the stock plan.
bar pacific (08432) announced that the company issued 9.632 million shares on October 2, 2024...
The bar pacific (08432.HK) has signed a leasing agreement related to Hong Kong properties.
On September 25, Gralunet reported that on September 24, 2024, the tenant III bar pacific (20th store) International Limited signed a lease agreement III with the owner IIIFavour Link International Limited on the property III, Shop 6, Ground Floor, Regal Int'l Hotel Shopping Mall, Tai Chung Bridge Road, New Territories, Hong Kong. The fixed lease term is from November 15, 2024 to November 14, 2027 (including the first and last two days) for a period of three years.
BAR PACIFIC: Annual Report 2023/24
Bar Pacific (08432.HK) achieved a net profit of HKD 604,000 for the year, a decrease of 94% year-on-year.
Pacific Bar (08432.HK) announced on June 28 that it achieved revenue of HKD 208 million for the year ending March 31, 2024, an increase of 19% year-on-year. The company's owner is entitled to a profit of HKD 604,000 for the year, a decrease of 94% year-on-year. Basic earnings per share were 0.07 Hong Kong cents. The announcement stated that this year's restaurant and bar operations generated revenue of HKD 207 million, an increase of about 19.0% compared to the previous year. The increase in revenue is mainly attributed to the end of the compulsory closure order (“Compulsory Closure”) on May 18, 2022, which required the closure of all bars and pubs.
BAR PACIFIC: ANNOUNCEMENT OF FINAL RESULTSFOR THE YEAR ENDED 31 MARCH 2024
Bar Pacific (08432.HK) expects an annual net after-tax profit of approximately HKD 500,000 to HKD 2.5 million.
On June 19, Gralon announced that Pacific Bar (08432.HK) expects to record a net profit of approximately HKD 500,000 to HKD 2.5 million for the year ending March 31, 2024, while a net profit of approximately HKD 11 million was recorded for the year ending March 31, 2023. The expected decrease in net profit after tax is mainly due to a significant decrease in government subsidies related to the COVID-19 pandemic received during the year.
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