Big announcement
1. Kingdee International: Net loss of 210 million yuan in 2023, a year-on-year narrowing of 46.07%
$KINGDEE INT'L (00268.HK)$According to the announcement, as of December 31, 2023, the company's revenue increased by about 16.7% compared to 2022 to about RMB 5.679 billion, of which the cloud service business revenue increased by about 21.3% compared to 2022, accounting for 79.3% from 76.3% in 2022. The current loss due to equity holders of the company is approximately RMB 210 million (current loss due in 2022 is approximately RMB 389 million); the basic loss for the current period due to equity holders of the company is approximately RMB 6.07 per share.
2. Reading Wen Group: Net profit of about 805 million yuan in 2023, an increase of 32.3% over the previous year
$CHINA LIT (00772.HK)$Announced 2023 results, revenue of approximately RMB 7.012 billion (same unit), down 8% year on year; gross profit of about RMB 3.371 billion, down 16.3% year on year; profit attributable to company equity holders was approximately RMB 805 million, up 32.3% year on year; profit attributable to non-IFRS equity holders was approximately RMB 1.13 billion, down 16.2% year on year; and basic profit per share was RMB 0.8 billion.
3. Caike New Energy: net profit of 29.061 million yuan in 2023, a year-on-year decrease of 87.99%
$TSAKER NE (01986.HK)$Announcing the annual results for the year ended December 31, 2023, the Group achieved revenue of 2,065 billion yuan (RMB, same below), a year-on-year decrease of 2.68%; profit attributable to shareholders of RMB 29.061 million, a year-on-year decrease of 87.99%; a basic profit of 0.03 yuan per share; and a final dividend of 0.038 yuan per share.
4. Yuexiu Services: net profit of 487 million yuan in 2023, an increase of 17.04% year-on-year
$YUEXIU SERVICES (06626.HK)$It was announced that for the year ended December 31, 2023, total revenue was RMB 32.236 billion, up 29.7% year on year; profit attributable to company owners was RMB 487 million, up 17.0% year on year; and basic profit per share was RMB 0.32 million. The Board recommended declaring a final dividend of HK$0.087 per share (equivalent to RMB 0.079 per share).
Earnings Report
$KINGDEE INT'L (00268.HK)$: Net loss of 210 million yuan in 2023, a year-on-year decrease of 46.07%
$CHINA LIT (00772.HK)$: Net profit in 2023 was about 805 million yuan, up 32.3% year on year
$TSAKER NE (01986.HK)$: Net profit in 2023 was 29.061 million yuan, a year-on-year decrease of 87.99%
$HAITIAN INT'L (01882.HK)$Profit attributable to shareholders increased 10.0% to $2.49 billion in 2023
$YUEXIU SERVICES (06626.HK)$: Net profit increased 17% year-on-year in 2023 to HK$487 million with final interest of HK$0.087
$SWHYHK (00218.HK)$Expected after-tax loss of HK$180 million to HK$198 million in 2023
$SINO ICT (00365.HK)$Profit Alert: The expected loss in 2023 will not exceed HK$67 million
Pharmaceutical Innovation
$CSPC PHARMA (01093.HK)$: Highly selective MAT2A inhibitor (SYH2039) approved for clinical trials
Repurchase cancellation
$AIA (01299.HK)$3.8 million shares were repurchased at HK$226 million on March 18
$HSBC HOLDINGS (00005.HK)$3.22 million shares were repurchased at HK$189 million on March 15
$SWIRE PACIFIC A (00019.HK)$On March 18, it cost HK$22.4783 million to repurchase 350,000 shares
$WUXI APPTEC (02359.HK)$On March 18, it spent 2010 million yuan to buy back 392,600 A-shares
$SINOPEC SEG (02386.HK)$642,000 shares were repurchased at HK$2.97 million on March 18
Editor/Somer