01410 EDVANCE INTL
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EDVANCE INTL News
Edvance International Holdings Logs 82% Narrower Attributable Loss for Six Months to September
EDVANCE INTL: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
EDVANCE INTL: ANNUAL REPORT 2023/24
Edvance International Holdings Returns to Profit in Fiscal Year 2024
Performance: Advance Intl (01410.HK) reported a net profit of 29.71 million yuan for the full year, turning losses into gains.
Edvance Intl (01410.HK) announced its performance for the fiscal year ended in March, with revenue of HKD 625 million, an 8.3% increase YoY. Net profit was HKD 29.71 million, compared to last year's loss of HKD 27.48 million, a turnaround to profit; earnings per share were 2.94 cents. No final dividend will be given.
Edvance Intl (01410.HK) turned a profit of approximately HKD 29.7 million in the 2024 fiscal year, reversing the previous year's losses.
On June 24, Gurong Hui announced that Edvance Intl (01410.HK) recorded revenue and gross profit of approximately HKD625 million and approximately HKD137 million, respectively, for the fiscal year 2024. This represents an increase of approximately 8.3% in revenue and a decrease of approximately 0.2% in gross profit compared to fiscal year 2023, with revenue and gross profit being approximately HKD577 million and approximately HKD137 million, respectively. In fiscal year 2024, the company had a net profit attributable to owners of approximately HKD29.7 million (fiscal year 2023: a net loss attributable to owners of approximately HKD27.5 million). Earnings per share were 2.94 Hong Kong cents. During fiscal year 2024, the company provided cybersecurity services.
EDVANCE INTL: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 MARCH 2024
Edvance International to Swing to Profit
Edvance Intl (01410.HK) Profit Joy: Expected annual net profit of about HKD 25-30.5 million, turning from loss to profit year-on-year.
Edvance Intl (01410.HK) announced that for the fiscal year 2023 ending on March 31, compared with the audited net loss attributable to owners of the company of approximately HK $ 27.5 million, it is expected that the group will record a net profit attributable to owners of the company for the fiscal year 2024 of approximately HK $ 25 million to HK $ 30.5 million, achieving a turnaround from losses to profits. The main reason for the turnaround from net losses to net profits is that, according to the valuation report prepared by an independent professional valuer as of March 31, 2024, the non-listed investment of the holding company of Hong Kong Digital Asset Trading Group Limited is included at fair value.
Yingxi, edvance intl (01410.HK) is expected to turn losses into profits for the entire financial year, with a net profit between 25 million to 30.5 million yuan.
Edvance Intl (01410.HK) announced its profit, it is expected to turn losses into profits by the end of March 31, 2024 fiscal year and record a net profit of about 25 to 30.5 million yuan. In contrast, it recorded a net loss of about 27.5 million yuan in the 2023 fiscal year, mainly due to the financial assets involved in fair value of non-listed investments of the holding company of Hong Kong Digital Asset Trading Group Limited during the period, recorded fair value gains and losses, compared with fair value losses in the same period last year.
EDVANCE INTL: POSITIVE PROFIT ALERT
Anling International (01410.HK) plans to sell 60% of the shares in Lion Global Financial Group
Glonghui, April 26 | Anling International (01410.HK) announced that on April 26, 2024, Edvance Financial (a direct wholly-owned subsidiary of the company), Jaguar Investment and Liao Rui Ting (as the seller) entered into the agreement with these buyers (Chen Ziyan, Li Haoxu, Lu Ting-kuang). Based on this, the sellers agreed to sell, and these buyers agreed to acquire 60% of the target company Lion Global Finance held by Edvance Financial at a cost of HK$6.445 million. As of the date of the agreement and immediately after completion
Anling International (01410) cancelled 8.04 million repurchased shares on March 26
According to Zhitong Finance App, Anling International (01410) announced that on March 26, 2024, the company cancelled 8.04 million repurchased shares.
Anling International (01410.HK): Liu Ruiting will be appointed as authorized representative
Gelonghui, Feb. 8 | Anling International (01410.HK) announced that Huang Jiming has a retirement plan and has resigned as an executive director and authorized representative of the company. The Company Chairman, Executive Director and Chief Executive Officer Liu Rui Ting will be appointed as an authorized representative under section 3.05 of the Stock Exchange's Securities Listing Rules.
Anling International (01410): Huang Jiming resigns as executive director and authorized representative
Anling International (01410) announced that Huang Jiming has a retirement plan and has resigned as an executive director and authorized representative of the company...
Repurchase Collection on December 27 | Tencent Holdings, HSBC Holdings, etc. bought back one after another, of which Tencent Holdings spent HK$1.04 billion
According to documents disclosed by the Hong Kong Stock Exchange on December 28, $Tencent Holdings (00700.HK) $ and $HSBC Holdings (00005.HK) $ repurchased shares. ① $Tencent Holdings (00700.HK) $ repurchased 3.51 million common shares on December 27, involving an amount of HK$1,004 billion. The repurchase price for each share ranged from HK$291 to HK$282.2. The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 128 million shares, accounting for 1.337% of the number of shares issued when the ordinary resolution was passed. ② $HSBC Holdings (0
Anling International (01410) spent HK$44,000 to buy back 110,000 shares on December 27
According to the Zhitong Finance App, Anling International (01410) announced that on December 27, 2023, the company spent HK$44,000 to repurchase 110,000 shares at a repurchase price of HK$0.4 per share.
Repurchase collection on December 20 | Tencent Holdings, AIA, etc. have repurchased one after another. Among them, Tencent Holdings spent HK$403 million
According to Hong Kong Stock Exchange's December 21 disclosure documents, $Tencent Holdings (00700.HK) $, $AIA (01299.HK) $, etc. have repurchased shares. ① $Tencent Holdings (00700.HK) $ repurchased 1.28 million common shares on December 20, involving an amount of HK$403 million. The repurchase price per share ranged from HK$318.2 to HK$312.2. The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 120 million shares, accounting for 1.25% of the number of shares issued at the time the General Resolution was passed. ② $AIA (01)
On December 20, Anling International (01410) spent HK$2,845,700 to repurchase 7.32 million shares
Anling International (01410) issued an announcement to spend HK$2,845,700 to repurchase on December 20, 2023...
Repurchase collection on December 19 | Tencent Holdings, HSBC Holdings, etc. have repurchased one after another. Among them, Tencent Holdings spent HK$401 million
According to Hong Kong Stock Exchange's December 20 disclosure documents, $Tencent Holdings (00700.HK) $ and $HSBC Holdings (00005.HK) $ have repurchased shares. ① $Tencent Holdings (00700.HK) $ repurchased 1.29 million common shares on December 19, involving an amount of HK$401 million. The repurchase price per share ranged from HK$314.4 to HK$306.6. The cumulative number of securities repurchased so far this year (since the adoption of the General Resolution) was 119 million shares, accounting for 1.236% of the number of shares issued at the time the General Resolution was passed. ② $HSBC Holdings (
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