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Fulu Plans Repurchase of Up to Nearly 41 Million Shares
fulu holdings (02101.HK) intends to conduct share repurchases in the market.
On December 6, Gelonghui reported that fulu holdings (02101.HK) announced the general authorization to be reviewed and approved at the company's annual general meeting of shareholders on May 17, 2024, granting the company's directors the right to repurchase up to 10% of the company's issued shares as of that date (i.e., no more than 40,864,088 shares). On December 6, 2024, the board of directors hereby announces the resolution to exercise the share repurchase authorization, depending on market conditions, to repurchase no more than the shares authorized for repurchase on the open market from time to time. The company will fund the proposed share repurchase using internal financial resources and intends to use inventory.
FULU HOLDINGS: Interim Report 2024
Fulu Holdings (02101.HK) reported a 21.9% year-on-year decrease in midterm revenue to 0.196 billion yuan.
Fulu Holdings (02101.HK) announced on August 28th that the company's revenue for the 6 months ending June 30, 2024 decreased by 21.9% to RMB 0.196 billion. The company's net profit for the period decreased by 8.4% to RMB 35.247 million. The earnings per share attributable to ordinary equity holders of the parent company was RMB 0.09 yuan. The decrease in revenue was mainly due to the decrease in GMV of digital commodity trading, which resulted in a decrease in revenue from digital commodity-related services.
Fulu Holdings Unveils 2024 Interim Results
FULU HOLDINGS: 2024 INTERIM RESULTS ANNOUNCEMENT
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