BRIEF: Shandong Gold logs strong first-quarter profit growth
Gold producer Shandong Gold Mining Co. Ltd. (1787.HK; 600547.SH) announced on Monday that it expects to report a first-quarter net profit of 950 million yuan ($130 million) to 1.13 billion…
BRIEF: 361 Degrees core brand sales rise 10% to 15% in first quarter
Sportswear seller 361 Degrees International Ltd. (1361.HK) announced on Monday that sales for its main and kids brands via offline channels grew by 10% to 15% year-on-year in the first…
BRIEF: Q Tech’s camera module sales fall 19.2% in March
Mobile lens manufacturer Q Technology (Group) Co. Ltd. (1478.HK) announcedon Thursday its camera module sales fell 19.2% year-on-year in March to 30.64 million units, but rose 28.2% month-on-month. Sales of…
BRIEF: Prada to acquire Versace for $1.4 billion
Luxury brand owner Prada Group (1913.HK) said on Thursday it will acquire GIVI Holding, owner of the Versace brand, for $1.38 billion in cash. Upon completion of the deal GIVI…
BRIEF: Haitian Flavoring reports 2024 double-digit profit growth as it moves toward Hong Kong IPO
Foshan Haitian Flavouring and Food Co. Ltd. (603288.SH) last Thursday reported revenue and profit growth for 2024 amid a globalization drive to propel its business. The leading Shanghai-listed soy sauce…
BRIEF: Surging Laopu Gold to boost share float after full circulation approval
Gold jewelry maker and retailer Laopu Gold Co. Ltd. (6181.HK) said on Tuesday it has received approval from the Hong Kong Stock Exchange to make all of its H-shares freely…
BRIEF: Guming grows, Chabaidao shrinks in China tea tempest
Guming Holdings Ltd. (1364.HK) reported on Friday its revenue rose 14.5% last year, while smaller rival Sichuan Baicha Baidao Industrial Co. Ltd. (2555.HK) said its revenue fell by a similar…