NARNIA GROUP: THIRD QUARTERLY REPORT 2024
The narnia group (08607.HK) reported a 25.3% decrease in revenue for the first three quarters to 0.115 billion yuan.
Grall November 14th | narnia group (08607.HK) announced that during the nine months ended September 30, 2024, the performance summary is as follows: Revenue decreased by 25.3% to approximately RMB 0.115 billion. As of September 30, 2024, the company's shareholders' equity loss for the nine months was approximately RMB 2.6 million (2023: approximately RMB 0.8 million). Basic loss per share was approximately RMB 0.33 (2023: approximately RMB 0.09). The board of directors decided not to distribute any dividends for the nine months ended September 30, 2024 (2023: nil).
NARNIA GROUP: THIRD QUARTERLY RESULTS ANNOUNCEMENTFOR THE NINE MONTHS ENDED 30 SEPTEMBER 2024
NARNIA GROUP: NOTICE OF BOARD MEETING
Narnia Group (08607) terminates the expansion of its general health and life science business and continues to suspend trading.
Narnia Group (08607) announced that since the beginning of 2024, due to changes in the external environment, general health...
Haitong Securities: Continuous destocking of polyester filament factories, expecting improvement in end demand.
As the inventory of rayon continues to decrease, Haitong Securities expects downstream demand to further improve with the approach of the traditional peak season in September and October.
NARNIA GROUP: 2024 Interim Report
Narnia Group (08607) released its interim results, with a net profit attributable to shareholders of 0.965 million yuan, a year-on-year increase of 10.29%.
Narnia Group (08607) released its six-month performance results as of June 30, 2024, achieving gains for its stakeholders...
NARNIA GROUP: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
In July, the export amount of textiles and outfits was $26.8 billion, a slight decrease of 0.5% compared to the same period last year.
According to the latest data from the General Administration of Customs, textile and clothing exports unexpectedly fell in July despite a low base. In US dollars, the export value of textile and clothing in that month was 26.8 billion dollars, which turned from positive to negative year-on-year, a decrease of 0.5%.
China Textile Import and Export Chamber of Commerce: China's textile industry foreign trade is expected to continue the steady recovery trend in the second half of the year.
From January to June, the trade volume of textile and outfits reached 153.57 billion US dollars, a year-on-year increase of 1.7%, of which the export amount was 143.24 billion US dollars, an increase of 1.6%, and the import amount was 10.33 billion US dollars, an increase of 3.8%. The cumulative trade surplus was 132.91 billion US dollars, an increase of 1.4%.
GTJA: Currently, the downstream inventory clearance of the footwear and apparel industry has basically ended, and the trend of order recovery is not a concern.
At present, the downstream destocking has basically come to an end. Judging from the order tracking situation of the top manufacturing companies, the trend of order recovery is secure. Especially the leading companies have the logic of seizing market share and expanding customer base, which is worth looking forward to.
Narnia Group (08607): Guofu Haohua has been appointed as the new auditor and the trading suspension will continue.
Narnia Group (08607) announced that Guofu Haohua has completed its internal approval process and has been appointed as the company's new auditor, effective July 12, 2024, until the end of the next shareholder annual meeting. In addition, the company's shares remain suspended.
Changjiang Securities textile, clothing and luxury goods special report: North American demand is weak, and the elasticity of inventory replenishment still needs to be observed.
Looking ahead, it is expected that inventory replenishment will continue, with the elasticity of replenishment depending on the strength of demand recovery at the end. The overseas apparel retail industry has gradually entered the tail end of destocking since 2022Q3, and the pace and continuity of export chain recovery depends on the pace of replenishment, while the elasticity of recovery depends on the strength of demand recovery at the end.
Narnia Group (08607) is actively discussing with professional advisors to formulate a feasible resumption plan.
Narnia Group (08607) announced that an independent committee has appointed an independent investigation team to investigate and produce a report on the matter (the report). The report is expected to be completed in mid-July 2024. The company will publish the investigation results after the report is completed. The company has been actively discussing with professional consultants to formulate a feasible resumption plan to meet the requirements under the resumption guidance and promote the resumption progress. Specifically, the audit committee will discuss the investigation results of the report with Guofuhao and formulate an audit plan for the 2023 annual performance.
Citic Sec: supply pattern continues to optimize, viscose staple fiber industry is expected to emerge from the downturn.
Viscose staple fiber is one of the three major textile fibers, combining the advantages of both synthetic and natural fibers.
Narnia Group (08607) announced its first-quarter results, with revenue decreasing by 15.9% YoY to approximately 35.4 million yuan.
Narnia Group (08607) announced their first quarter earnings for the three months ending March 31, 2024, with revenue...
NARNIA GROUP: First Quarterly Report 2024
NARNIA GROUP: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2024
Narnia Group (08607) appointed Guofu Haohua as its auditor.
Narnia Group (08607) announced that Deloitte Touche Tohmatsu Certified Public Accountants LLP has resigned as the company's auditor...