17 Apr 2023 2M23 telecom industry continued to be driven by new business, especially Cloud computing. Steady 5G user penetration growth for big three telcos while CT has the highest 5G penetration rate. 5G buildout cycle has already peaked, structural change
30 Mar 2023 NFI’s FY22 topline was up by 6.8% YoY to Rmb1,719m. Offline sales, which accounted for 657.8% of FY22 sales (FY21: 63.5%), recorded a 2.9% YoY drop last year on the back of i) 18.4% YoY drop in
29 Mar 2023 Tai Hing’s FY22 revenue declined by 15.7% YoY to HK$2.68bn, with revenues from HK & Macau/China dropped by 10.9%/32.3% YoY to HK$2.19bn/HK$0.48bn mainly due to the resurgence of pandemic in both markets. GPM slightly increased by 0.3ppt
28 Mar 2023 FY22 revenue was up by 15.0% YoY to Rmb18.6bn, mainly due to 1) 24.4% YoY growth in NG sales, which accounted for 65.7% of total revenue (FY21: 61.3%), driven by 8.3% YoY growth in NG sales/delivery volume
28 Mar 2023 Wasion’s FY22 NP increased by 20.8% YoY to Rmb323.8m on the back of 27.6% YoY increase in turnover to Rmb5.9bn. Both top and bottom line beat our estimate by 14% and 9% respective. A final DPS of
27 Mar 2023 CEG’s FY22 revenue was down by 5% YoY to HK$8,048m, mainly driven by 1) 25% decline in construction revenue to HK$1,297m as only 6 (FY21: 15) biomass and HWT projects were under construction during the period ,
27 Mar 2023 Hong Kong on Friday announced new measures on developing family office businesses, aiming to develop a vibrant ecosystem for global family offices and asset owners in the international financial center and wealth management center. “Developing family office
24 Mar 2023 FY22 revenue increased by 21.4% YoY to HK$8.25bn, mainly due to 1) a YoY 16.3% increase in revenue from power sales and waste treatment fees to HK$3.49bn with i) power sold increased by 19% YoY to 4,532
23 Mar 2023 Xtep’s FY22 revenue was up by 29.1% YoY to Rmb12,930m, mainly driven by i) robust growth of 25.9% YoY from core brand sales to Rmb11,128m due to strong sales orders from distributors, continual growth in e-commerce on
23 Mar 2023 Sunny reported 2H22 revenue decreased by 8.1% YoY to Rmb16,225m, dragged by declined HLS/HCM shipment due to weak smartphone market demand. GPM in 2H22 shrunk by 2.5ppt YoY to 19.0%, due to smartphone de-spec trend and adverse
