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FUJIKON IND: INTERIM REPORT 2024/2025
Fujifilm holdings corporation unsponsored adr (00927.HK) reached a settlement with customers over headphone quality issues, paying 11.65 million US dollars in cash.
Fujikon Ind (00927.HK) announced that it has reached a settlement agreement with customers regarding the quality issues of its audio headphones. Accordingly, the group will pay a total of 11.65 million US dollars in cash in multiple installments before October 30, 2025, with approximately 7.13 million US dollars of cash payment responsibilities being fulfilled before May 2025. It is estimated that an additional cost of about 46.7 million Hong Kong dollars will be incurred for the fiscal year ending March 2025. At the same time, the customer agreed to order the relevant audio headphones, valued at about 3.5 million US dollars.
Fujikon Industrial Reaches Settlement With Major Customer Over Headphones Quality Issue
Fujikon Ind (00927.HK) has signed a settlement agreement with the client.
On December 9, Gronghui reported that fujikon ind (00927.HK) announced that to maintain a long-term business relationship and strengthen future business cooperation, on December 2, 2024, the customer negotiated with the group to amicably resolve the quality issue of the audio headphones. Accordingly, the group and the customer signed a settlement agreement on December 7, 2024. According to the customer, the main cause of the quality issue was a battery failure supplied by the supplier. Based on the settlement agreement, both parties agreed (including) that the group would compensate the customer through the following methods: (i) cash payment of 11,650 in multiple batches by October 30, 2025.
Tianfeng: Stimulus of domestic demand + resonance of product cycles, bullish on the consumer electronics industry chain.
Tianfeng states that the stimulation of domestic demand combined with the resonance of the product cycle, is bullish on the consumer electronics industry chain.
FUJIKON IND To Go Ex-Dividend On December 10th, 2024 With 0.02 HKD Dividend Per Share
November 28th (Beijing Time) - $FUJIKON IND(00927.HK)$ is trading ex-dividend on December 10th, 2024.Shareholders of record on December 11th, 2024 will receive 0.02 HKD dividend per share on