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Herald Holdings Expects Over Twofold Increase in Fiscal H1 Profit
HERALD HOLD (00114.HK) plans to hold a board of directors meeting on November 28 to approve the interim performance.
Glory11th November Herald HOLD (00114.HK) announced that the company will hold a board of directors meeting at Room 3110, 31st Floor, Phase 2, lippo Center, 89 Queensway, Central, Hong Kong on Thursday, November 28, 2024, to consider and approve the unaudited interim results of the Company and its subsidiaries for the six months ended September 30, 2024, and to consider the distribution of interim dividends (if any).
Herald Hold (00114.HK) expects a half-year net profit of 25 million to 30 million yuan for 'Yingxi'.
Herald Hold (00114.HK) announced that the half-year net profit as of the end of September is expected to be between 25 million and 30 million yuan, compared to a net profit of 8.2 million yuan in the same period last year. The company stated that the main change comes from the net amount of realized and unrealized gains from trading securities, about 10 million yuan, compared to a loss of 4.8 million yuan in the same period last year. The company emphasized that it is very concerned about the performance of the second half of this fiscal year, mainly due to the uncertainty and pressure caused by the continued geopolitical tensions and intensified industry price competition.
HERALD HOLD (00114.HK) earnings brighten: expected mid-term net profit attributable to shareholders of 25 million to 30 million Hong Kong dollars.
Gelonghui November 8th, HERALD HOLD (00114.HK) announced that the group expects the attributable net profit to shareholders for the six months ended September 30, 2024 to be in the range of HK$25 million to HK$30 million (for the six months ended September 30, 2023: HK$8.2 million). This change mainly comes from the net realized and unrealized gains on trading securities of approximately HK$10 million (for the six months ended September 30, 2023: net realized and unrealized losses on trading securities were HK$4.8 million), as well as through effective control.
HERALD HOLD: POSITIVE PROFIT ALERT
HERALD HOLD (00114.HK): Wang Xiuling has been appointed as a member of the Remuneration Committee.
Gelonghui October 9th丨HERALD HOLD (00114.HK) announced that the company's independent non-executive director, as well as member Ye Wenjun of the audit committee, nomination committee, and remuneration committee, passed away on October 5, 2024. The company's independent non-executive director, as well as member Wang Xiuling of the audit committee and nomination committee, has been appointed as a member of the remuneration committee, effective October 9, 2024.
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