Announcement highlights | SUNNY OPTICAL expects a net profit increase of 140%-150% in 2024; CHINA POWER anticipates a more than 20% increase in electricity sales in 2024.

AIA: Completed the company's $12 billion share buyback plan; MGM CHINA: The net income for the entire year of 2024 is $4 billion, a year-on-year increase of 28%.

cls.cnFeb 13 08:11

Sun Hing Printing Expects Fiscal H1 Profit to Slide At Least 40%

MT NewswiresFeb 12 18:40

SUN HING PRINT (01975.HK) will hold a Board of Directors meeting on February 27 to approve the interim results.

On February 12, Gelonghui reported that SUN HING PRINT (01975.HK) announced that the Board of Directors will hold a meeting on February 27, 2025, to consider and approve the unaudited interim results for the six months ended December 31, 2024, and its publication, as well as to consider declaring an interim dividend (if any).

Gelonghui FinanceFeb 12 18:03

SUN HING PRINT (01975.HK) profit warning: mid-term profit is expected to decrease by no less than 40%.

On February 12, Gelonghui announced that SUN HING PRINT (01975.HK) expects profits for the six months ending December 31, 2024, to decrease by no less than 40%. This is mainly due to the following factors: 1. Concerns over the Global economic slowdown and inflation have led to generally more conservative Consumer behavior among clients, which has reduced spending on printing and promotional projects, resulting in a decline in the company's revenue. 2. The company has slightly reduced the cost of the Commodities sold and administrative expenses. However, the cost savings are offset by ongoing fixed sales and distribution expenses and financing costs, which do not decrease with declining revenue.

Gelonghui FinanceFeb 12 18:02

Sun Hing Printing Unit Confirms Purchase of Land in Indonesia

MT NewswiresDec 18, 2024 19:32

SUN HING PRINT (01975.HK) intends to acquire an industrial land in Indonesia for 24.258 million Hong Kong dollars.

GLONGHUI announced on December 18 that SUN HING PRINT (01975.HK) has entered into a purchase confirmation letter with the seller, after the trading session ends on December 18, 2024, whereby the buyer (a wholly-owned subsidiary of the company) agrees to purchase and the seller agrees to sell the land at a price of 49.506 billion Indonesian rupiah (approximately 24.258 million Hong Kong dollars). The land is located at Jl. Tanjung Anom Raya No 2, Kawasan Industri Kendal, Indonesia.

Gelonghui FinanceDec 18, 2024 17:33