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DATRONIX HOLD: INTERIM REPORT 2024
Huaxi Securities: Leading light industry export enterprises' overseas business growth is promising in the future.
On August 29th, Guolonghui|Huaxi Securities research report pointed out that China's light industry outbound enterprises rely on their global integrated industrial chain layout, perfect supply chain, and efficient organizational management capabilities.
Datronix Chairman and CEO Retires, Successor Named
Datronix Hold (00889.HK): Xiao Youzhong has been appointed as the Chairman of the board of directors and the CEO.
Gelonghui, August 21st, Datronix Holdings (00889.HK) announced that due to his retirement plan, Paul Siu resigned as chairman of the board, CEO, executive director, and member of the remuneration committee, effective from August 21, 2024. After Paul Siu's resignation, he will no longer serve as the authorized representative of the company. After Paul Siu's retirement and resignation, Vice Chairman and Executive Director, Siu Yuzhong, was appointed as the chairman of the board and CEO, effective from August 21, 2024. In addition, Siu Liana, an executive director of the company, has been appointed as the authorized representative under Rule 3.05 of the Listing Rules to fill.
In July, the industry developed rapidly according to Northeast Securities. The weak recovery trend of the general sector continued, and equipment updates are expected to accelerate.
In July, the national industrial value-added of scale enterprises increased by 5.1%, a decrease of 0.2 percentage points compared to the previous period.
The performance of Datronix Holdings (00889.HK) reported a loss of 15.063 million yuan in the first half of the year and no dividend was distributed.
Datronix Hold (00889.HK) announced its interim results as of the end of June this year, with revenue of HKD 96.759 million, a year-on-year decrease of 12.2%. The loss expanded to HKD 15.063 million, compared to a loss of HKD 13.978 million in the same period last year; the loss per share was 0.047 yuan. No dividend will be paid.
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