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CHI ASIA VALLEY: Interim Report 2024
CHI ASIA VALLEY: ANNOUNCEMENT OF THE UNAUDITED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Chi Asia Valley (00063.HK) held a board of directors meeting on August 28 to approve its interim performance.
Chi Asia Valley (00063.HK) announced that the board of directors meeting will be held on August 28, 2024 (Wednesday) to approve (including) the company and its subsidiaries' mid-term performance ending on June 30, 2024, consider the distribution of interim dividends (if any), and handle any other affairs.
Chi Asia Valley (00063.HK) announced that it expects to make a profit of no more than 4 million yuan in the first half of the year in the book "Ying Xi".
Chi Asia Valley (00063.HK) announced a profit. Compared to the loss of 2.7 million yuan in the same period last year, it is expected to record a meager profit of no more than 4 million yuan from January to June. This is mainly due to the increase in income from newly leased properties in Silicon Valley Industrial Park, the reduction in property-related expenses, and fair value gains on investment properties.
Chi Asia Valley (00063.HK) announces earnings: expected to turn losses into profits in the interim period.
Chi Asia Valley Group (00063.HK) announced on August 14 that the company expects to record a meager shareholder net profit of no more than HKD 4 million for the six months ending June 30, 2024, while it recorded a shareholder net loss of about HKD 2.7 million in the same period last year. The return to profit is mainly due to (i) the increase in rental income (excluding expenses) generated by leasing new properties in the Silicon Valley Industrial Park; (ii) an increase in interest income; (iii) a reduction in property-related expenses and (iv) fair value gains on investment properties.
Shen Jingshun Industrial (HK) Limited Shenzhen Jingshun Industrial (Hong Kong) Co., Ltd. sold 285 million common shares of Central Asia Ethylene Valley Group (00063.HK) off the market, worth approximately HK$28.45 million
On May 21, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 21, Shen Jingshun Industrial (HK) Limited Shenzhen Jingshun Industrial (Hong Kong) Co., Ltd. sold $285 million ordinary shares worth HK$28.45 million off the market at an average price of HK$0.1 per share on May 16. The latest number of shares held by Shen Jingshun Industrial (HK) Limited Shenzhen Jingshun Industrial (Hong Kong) Co., Ltd. after the sale
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