Tag: profit

New Hope Services: Net profit margin attributable to the parent Company was 17.1% in 2023, annual dividend payout ratio reached 60%

New Hope Service Holdings Limited (New Hope Service or the Company, Stock Code: 3658), an integrated property management enterprise engaging in the provision of lifestyle service solutions, announced its annual results for the year ended 31 December 2023 (the Reporting Period). In 2023, New Hope Service focused on advantageous areas, persisted in qualitative expansion, and achieved high-quality growth in core performance indicators by tapping into increased profits through commercial operational services and lifestyle services. During the Reporting Period, the Group recorded revenue of approximately RMB1,260.7 million, representing an increase of 10.7% as compared to the same period last yearï¼›Gross profit ... Read more

OYO’s profit doubles to INR 30 cr

KUALA LUMPUR, Feb 13, 2024 – (ACN/NewsVoir) – Oravel Stays Ltd which operates travel tech brand OYO reported that it has doubled its profit after tax (PAT) sequentially in Q3 FY24 to ~INR 30 crore. The company had marked its maiden profitable quarter with a PAT of over ~INR 16 crore in Q2 FY24. OYO’s Founder & CEO, Ritesh Agarwal, during an employee townhall shared the update about this two-fold surge in profit. He said, “In the upcoming quarters, we anticipate a consistent rise in PAT, driven by enhanced patron confidence, improved customer experience (Cx), and favourable market conditions conducive ... Read more

China BlueChem Achieves Record-High Interim Profit, 2023 1H Profit increases by 83% to RMB 1.715 billion

China BlueChemical Ltd. (“China BlueChem” or the “Company,” stock code: 3983), the leading chemical fertiliser and methanol producer in China, announced its unaudited interim results for the six months ended 30 June 2023. In the first half of the year, the Company’s revenue decreased by 16.2% to RMB 6.176 billion. Net profit attributable to shareholders of the Company significantly increased by 83% to RMB 1.715 billion, marking the record-high mid-year profit in the company’s history. Mr. HOU Xiaofeng, CEO and President of China BlueChem said, “The Company has consistently implemented its green and low-carbon development strategy. Due to ESG considerations, ... Read more

Mitsubishi Heavy Industries Achieves Large YoY Orders and Profit Increases and Plans Higher Year-End Dividend Payout in FY2022, Pursues 7% Business Profit Margin in FY2023

Mitsubishi Heavy Industries (MHI, TSE Code: 7011) announced that order intake rose 10.7% year-over-year to YEN4,501.3 billion in the fiscal year ended March 31, 2023. Revenue rose 8.9% to YEN4,202.7 billion year-over-year, resulting in profit from business activities (business profit) of YEN193.3 billion, a 20.6% increase from the previous fiscal year, which represents a profit margin of 4.6%. Profit attributable to owners of parent (net income) was YEN130.4 billion, an increase of 14.9% year-over-year, with a profit margin of 3.1%. EBITDA was YEN331.1 billion, a 13.3% increase from FY2021, with a profit margin of 7.9%, up 0.3 percentage points year-over-year. ... Read more

AEON Credit (00900) FY2021 Profit Up by 13.6% to HK$342.6 Million

AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its annual results for the year ended 28 February 2022 (“FY2021”). For FY2021, the Group’s revenue reached HK$1,049.6 million (FY2020: HK$1,089.9 million) and profit increased by 13.6% year-on-year to HK$342.6 million. Earnings per share increased to 81.81 HK cents (FY2020: 72.02 HK cents). The Board has recommended a final dividend of 22.0 HK cents per share, bringing the total dividend for the year to 44.0 HK cents per share, representing a dividend payout ratio of 53.8%. The profit growth was owed to the Group’s ... Read more