Veeko Int'l (01173.HK) is estimated to have widened its losses to at least 45 million yuan in the first half of the year.

Veeko Int'l (01173.HK) issued a profit warning, expecting a loss between 45 million and 53 million yuan for the six months ending in September, compared to 0.86 million yuan in the same period last year. The increase in losses is mainly due to decreased revenue in the cosmetic and fashion business segments, a decline in the gross margin of the cosmetic business, increased financing costs, recognition of exchange losses, no expected crediting loss reversal recorded, a significant decrease in the fair value appreciation of investment properties, and impairment losses recorded on the right-of-use assets.

AASTOCKSNov 15 01:39

Veeko International Expects to Log Wider Loss for Six Months to September

MT NewswiresNov 14 20:22

VEEKO INT'L: INSIDE INFORMATION - PROFIT WARNING

HKEXNov 14 19:41 · Announcements

veeko int'l (01173.HK) plans to hold a board of directors meeting on November 27 to approve the interim performance.

Glory Times on November 11th: veeko int'l (01173.HK) announced that the board of directors will hold a meeting at 3:30 pm on Wednesday, November 27, 2024, at the company's registered office. The board will approve resolutions at the meeting, including the publication of the mid-term performance of the company and its subsidiaries for the six months ending September 30, 2024, as well as consideration for the distribution of interim dividends (if any).

Gelonghui FinanceNov 11 16:50

VEEKO INT'L: ANNUAL REPORT 2024

HKEXJul 30 15:55 · Announcements

Veeko Int’l (01173) released annual financial results, with a net loss of 40,043,000 Hong Kong dollars.

Weeko int'l (01173) released its annual performance as of March 31, 2024. The group's revenue was 587 million Hong Kong dollars, a YoY increase of 24.14%. The annual loss was 40.043 million Hong Kong dollars, compared with a profit of 5.027 million Hong Kong dollars for the same period last year. The loss per share was 1.59 Hong Kong cents. The group recorded a net loss of 40.043 million Hong Kong dollars after tax (2023: net profit of 5.027 million Hong Kong dollars). Due to the rise in bank loan interest rates, financial expenses for the current fiscal year increased significantly by 17.569 million Hong Kong dollars compared with the previous year. The group reviews investment properties in the fiscal year.

Zhitong FinanceJun 25 22:20