SUMMIT ASCENT: (1) QUARTERLY UPDATE ON BUSINESS OPERATIONS AND RESUMPTION STATUS; AND (2) CONTINUED SUSPENSION OF TRADING

HKEXOct 10 19:57 · Announcements

Express News | The Hong Kong Securities and Futures Commission is seeking a share repurchase order for two companies, including Summit Ascent Holdings Limited, from independent minority shareholders.

BreakingsSep 27 17:21

Summit Ascent (00102.HK) announces interim results and continues trading suspension.

Summit Ascent Holdings (00102.HK) announced that the preliminary performance announcement for the six months ended June 30, 2024 will be delayed and will not be published by August 31 in accordance with the provisions of section 13.49(6). The company will make further announcements regarding the expected date. Trading of the company's shares remains suspended.

AASTOCKSAug 27 09:34

"Yingxi" Summit Ascent (00102.HK) is expected to turn a loss and make a profit of 5.8 million yuan in the medium term, and the trading will continue to be suspended.

Summit Ascent Holdings (00102.HK) announced good news, expecting to turn losses into profits for the six-month period ending on June 30, 2024, with a profit of approximately 5.8 million yuan, while in the same period of 2023, a loss of approximately 16.1 million yuan was recorded. This is mainly due to the increase in income from gambling and hotel operations during the period; the volatility of the Russian ruble has reduced foreign exchange losses; and the impairment of certain buildings, operating rights, and leased properties in 2023 has resulted in a decrease in depreciation and amortization in the first half of this year. Summit Ascent's shares have been suspended from trading on the Stock Exchange of Hong Kong since February 14 this year and will continue to be suspended until the company complies with all resumption guidelines.

AASTOCKSAug 27 09:13

Summit Ascent Delays Financial Reports Amid Audit Reconstitution

TipRanksAug 26 23:07

Summit Ascent (00102) delays the publication of its 2024 interim performance and the 2023 annual performance.

Summit Ascent (00102) announced that as of June 30, 2024, the company's sales for the six months ending in 2024...

Zhitong FinanceAug 26 22:42