16 Apr 2024 2M24 telecom industry continued to be driven by new businesses, especially big data and Cloud computing. CM regained strong 5G user growth in Feb, with its 5G penetration rate reached 80.8%. Stringent network connectivity capex guidance by
16 Apr 2024 According to the latest data from MIIT, China’s telecom business revenue steadily grew 4.3% YoY to Rmb292.3bn in Jan-Feb (2M24). New businesses (IPTV, IDC, big data, Cloud computing, and IoT) remained key growth momentum for telecom industry.
16 Apr 2024 Wasion announced the first bidding results of the 2024’s State Grid tender on smart metering equipment and data collection equipment yesterday. Wasion has won contracts for about 899k units of smart meters with a contract value of
09 Apr 2024 YesAsia’s FY23 revenue increased by 56.6% YoY to US$201m, driven by i) a significant increase in E-commerce platform customers from 1.02m in FY22 to 1.45m in FY23; and ii) average order size up from US$77.0 in FY22
08 Apr 2024 Facing the on-going uncertain international market, geopolitical condition and interest rate hikes which significantly dampened downstream customers’ consumption desire, EVA Precision’s (EVAP) FY23 turnover decreased marginally by 1.4% YoY to HK$6.2bn. FY23 NP, however went up by
05 Apr 2024 2023 was a recovery year for China Lesso from the pandemic outbreak against the backdrop of interest rate hikes, decreased investment and the ongoing geopolitical conflicts in 2023. The company still managed to register a marginal increase
05 Apr 2024 Xiabu’s FY23 revenue was up by 25.3% YoY to Rmb5,918m, mainly driven by i) a net open of 72 restaurants to a total of 1,098 by end-FY23; and ii) higher traffic per store. Revenue from its main
02 Apr 2024 FY23 revenue was up by 9.3% YoY to Rmb20.3bn, mainly due to the 15.0% YoY growth in NG sales, which accounted for 69.2% of total revenue (FY22: 65.7%), partly offset by the 1.6% YoY decrease in sales
28 Mar 2024 Anta’s FY23 revenue was up by 16.2% YoY to Rmb62.36bn driven by the YoY rise in Anta brand/ FILA/ Other brands by 9.3%/ 16.6%/ 57.7% to Rmb30.31bn/Rmb25.1bn/ Rmb6.95bn respectively driven by the recovery in the retail market.
27 Mar 2024 FY23 revenue decreased by 39.6% YoY to HK$4.98bn, mainly due to 1) a 76.7% decline in construction revenue on fewer new projects; and 2) a 1.6% decline in revenue from power sales and waste treatment fees to
