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The CEO of QINGDAO HLDGS (00499.HK) has resigned and a new Chief Executive Officer has been appointed.
QINGDAO HLDGS (00499.HK) announced that Chen Bo has been appointed as the company's Chief Executive Officer, effective from the day before (24th). Considering that the company has appointed a Chief Executive Officer, Wang Yimei has resigned from the position of Executive President to focus more energy on the group's other Business, effective from the same day. She will continue to serve as the company's Vice Chairman and Executive Director.
QINGDAO HLDGS (00499.HK) reduced its annual loss to 15.31 million yuan.
QINGDAO HLDGS (00499.HK) announced its 2024 annual results, with revenue recorded at 44.33 million yuan, an increase of 4.8% year-on-year. The loss narrowed from 47.32 million yuan last year to 15.31 million yuan, with a loss per share of 1.53 cents. No final dividend will be distributed.
QINGDAO HLDGS: RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
QINGDAO HLDGS (00499.HK) expects that shareholders' attributable loss for last year will narrow by approximately 50% year-on-year.
QINGDAO HLDGS (00499.HK) issued a profit warning, expecting to record a net loss for the year ending December 31, 2024, which will decrease by about 60% compared to the net loss of 47.636 million yuan in the same period of 2023; and the loss attributable to company owners is expected to decrease by about 50% compared to 47.324 million yuan in the same period of 2023. The company explained that the expected net loss and loss attributable to company owners are narrowing year-on-year, primarily due to a decrease in the fair value loss of the group's investment properties compared to the previous year; and the income from the sale of 95% equity interests held by subsidiaries within the group during the year.
QINGDAO HLDGS (00499) issued a profit warning, anticipating that the annual loss attributable to Shareholders will decrease by approximately 50% year-on-year.
QINGDAO HLDGS (00499) announced that the group reported a net loss for the year ending December 31, 2024, compared to the prior period...
QINGDAO HLDGS (00499.HK): The expected net loss for the fiscal year 2024 is projected to decrease by approximately 60%.
On March 19, Glory Exchange reported that QINGDAO HLDGS (00499.HK) announced that for the year ending December 31, 2024, the Board of Directors preliminarily assessed that: (i) the group's net loss for this year is expected to decrease by approximately 60% compared to the net loss of RMB 47.636 million recorded for the year ending December 31, 2023 ("last year"); and (ii) the loss attributable to the company's owners this year is also expected to decrease by about 50% compared to the loss attributable to the company's owners of RMB 47.324 million recorded for last year. The reduction in loss is mainly due to the following two factors: (i) this