China Apex Group Limited provided earnings guidance for the six months period ended 30 June 2022. For the six months period ended 30 June 2022 and the information currently available to the Board, the Group is expected to record a net profit attributable to the Shareholders of approximately HKD 8.5 million as compared with the net loss attributable to the Shareholders of approximately HKD 4.1 million in the corresponding period in 2021 (the "Profit Alert"). The reason of turnaround from loss to profit position of the Group was mainly attributable to, among other factors, the increase in product selling price and sales volume, resulting in an increase in revenue and gross profit by approximately 11.0% and 31.8%, respectively, as compared with the corresponding period in 2021.
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5-day change | 1st Jan Change | ||
1.98 HKD | -0.50% | +1.02% | +65.00% |
Apr. 15 | China Apex Group's 2023 Loss Widens by 37 Times | MT |
Apr. 14 | China Apex Group Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
1st Jan change | Capi. | |
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+65.00% | 145M | |
+12.17% | 1.96B | |
-38.12% | 422M | |
+3.04% | 307M | |
-14.97% | 281M | |
-24.81% | 51.12M |
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- China Apex Group Limited Provides Earnings Guidance for the Six Months Period Ended 30 June 2022