AiHuiShou’s Q2 Revenue Rises 56%, Fueled by Growing Electronics Recycling Network
Company releases first ESG report alongside its maiden earnings, aiming to spotlight its role in achieving China’s carbon-reduction goals Key points: AiHuiShou posts 56% revenue growth in its latest reporting…
So-Young dolls up with pivot to high-end services
The cosmetic services social media platform is developing its own clinics as well as a premium platform for high-end users Key Takeaways: So-Young reported an annual profit last year, reversing…
FAST NEWS: CMGE’s loss narrows on cost controls
The latest: Game operator CMGE Technology Group Ltd. (0302.HK) reported Wednesday its net loss narrowed 90.2% last year to 20.08 million yuan ($2.78 million). Looking up: The company’s expenses decreased by 28% to…
NEWS WRAP: Nayuki pours up first annual profit
The premium tea chain aims to expand through franchising to boost its growth amid intense competition By Teri Yu Premium tea seller Nayuki Holdings Ltd. (2150.HK) on Wednesday reported its first annual profit since…
SPONSORED: What’s behind SF Intra-city’s big annual profit growth
China’s largest third-party on-demand delivery service provider recorded a profit for the year that met market expectations SF Intra-city reported revenue of 12.4 billion in 2023, up 21.1%, with an…
Akeso marks profit milestone with swift rights issue
Buoyed by bumper earnings, the biotech has announced a share placement to raise HK$1.17 billion to invest in developing its portfolio of anti-cancer drugs Key Takeaways: Akeso swung to an…
How investors should read a listed company’s annual report
Annual reports can help to better understand a company’s financial position, with special attention necessary to any unusual findings in the auditor’s report By Ricky Lai It’s peak reporting…
FAST NEWS: SenseTime’s loss widens despite cost controls
The latest: Artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) said its revenue fell 10.6% to 3.41 billion yuan ($472 million) last year, while its non-GAAP net loss rose 14.2% to 5.41…