FOURACE IND GP: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023

Futu NewsNov 28, 2023 04:03 ET · Announcements

The cost of pulp was high, and Vinda International's net profit fell sharply by more than 80% in the first half of the year

Although the price of pulp has dropped, it has not yet been reflected in the performance of paper companies. On July 20, Vida International (03331.HK) released the 2023 interim report. During the reporting period, it achieved revenue of HK$10.07 billion, up 10.1% year on year, up 4% year on year in HKD; recorded net profit of HK$121 million, a sharp decrease of 81.1% year on year, while net interest rate decreased by 5.4 percentage points to 1.2%. On the day the financial report was released, Vinda International opened low and went low, hitting an intraday low of HK$17.76 per share, closing at HK$18 per share, a decline of 1.32%. Vida International Attribution

Wallstreet NewsJul 20, 2023 06:25 ET

Nio, EV Shares Drop Over 1%, While Alibaba, Tech Peers Mixed: What's Weighing on Hong Kong Stocks Today

Benzinga Real-time NewsSep 14, 2022 23:10 ET

Innovative Pharmaceutical to Swing to Fiscal H1 Profit

MT NewswiresNov 26, 2021 06:10 ET

Veeko International's Fiscal H1 Loss Narrows on Lower Costs

MT NewswiresNov 26, 2021 01:32 ET

Hong Kong stocks end lower for third straight day

Dow Jones NewswiresNov 19, 2021 04:20 ET · Markets