25 Mar 2024 According to Reuters, China has introduced guidelines to phase out US microprocessors from Intel and AMD from government personal computers and servers, the Financial Times reported yesterday. The procurement guidance also seeks to sideline Microsoft’s Windows operating
25 Mar 2024 After four consecutive declines of its semi-annual revenue, Sunny reported a turnaround of 2H23 revenue with 7.3% YoY growth to Rmb17,403m, driven by HLS/HCM shipment growth of 21.6%/37.3% YoY. GPM in 2H23 shrunk by 4.9ppt YoY to
25 Mar 2024 Tai Hing’s FY23 revenue increased by 20.1% YoY to HK$3.21bn, with revenues from HK & Macau/China rose by 24.1%/1.6% YoY to HK$2.72bn/HK$0.49bn, benefiting from the reopening of the Chinese Mainland/HK border and promotional activities by HK Govt
21 Mar 2024 Vincent Medical’s FY23 turnover (VM) amounted to HK$718.0m, representing a YoY increase of 14.1%. The increase is mainly driven by the increase in orders from the imaging disposable products segment, coupled with the rebound in sales of
21 Mar 2024 Xiaomi reported 4Q23 results, with its revenue up 10.9% YoY to Rmb73.2bn, in which its YoY growth accelerated from 0.6% in 3Q23. After seven consecutive quarters’ of shipment decline, smartphone revenue strongly rebounded by 20.6% YoY to
19 Mar 2024 Xtep’s FY23 revenue was up by 10.9% YoY to Rmb14,346m, mainly driven by i) steady growth of 7.4% YoY from core brand Xtep to Rmb11,947m due to the robust demand of running products, and continual growth from
19 Mar 2024 The company reported a 14.8% YoY increase in topline to Rmb3,544m in FY23 on the back of normalization of store operations post pandemic. Particularly, 2H23 reported a stronger growth at 21.6% YoY compared to 1H23. GPM was
18 Mar 2024 Following the positive profit alert issued in Feb, it is no surprise that Wasion did indeed deliver a set of spectacular set of FY23 results. Its FY23 NP surged by 61.0% YoY to Rmb521.2m on the back
18 Mar 2024 FY23 revenue slightly increased by 1.9% YoY to HK$3,873m, mainly supported by a 38% YoY sales increase in HK/Macau market to HK$380m on the back of the rise in tourist arrivals, while markets in Mainland China/ Taiwan/
14 Mar 2024 FY23 revenue was up 21.0% YoY to Rmb8.4bn, with core brand retail value up by low-teens/low-teens/15%/>20% YoY and that of 361º Kids up by 20-25%/low-teens/25-30%/40% YoY in 1Q/2Q/3Q/4Q. GPM was up by 0.6ppt YoY to 41.1%, with
