GWPA HOLDINGS: 2024 Annual Report
GWPA HOLDINGS: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
Great Wall Pan Asia Flags Swing to Loss in 2024
GWPA HOLDINGS (00583.HK) issues a profit warning: expecting a loss attributable to Shareholders of approximately 80 million to 88 million Hong Kong dollars in 2024.
Gelonghui on February 20 announced that GWPA HOLDINGS (00583.HK) expects to record an unaudited shareholder's attributable consolidated loss of approximately 8 million to 88 million Hong Kong dollars for the fiscal year 2024, along with an unaudited basic loss per share of approximately 5.10 to 5.64 Hong Kong cents, a significant decline of about 128% to 131% compared to the audited shareholder's attributable consolidated profit of 0.285 billion Hong Kong dollars and audited basic earnings per share of 18.17 Hong Kong cents for the year ending December 31, 2023, mainly due to: (a) the high interbank offered rates maintained by Hong Kong Banks, resulting in the Group's loan interest being calculated at this rate for 2024.
Express News | Great Wall Pan Asia - Expected Result Due Increase in Finance Cost in FY2024 of HK$54 Mln to HK$64 Mln, Others
Express News | Great Wall Pan Asia Sees Unaudited CONSOL Loss Attributable of HK$80 Mln to HK$88 Mln for Year
GWPA HOLDINGS: INSIDE INFORMATIONPROFIT WARNING
GWPA HOLDINGS (00583.HK) plans to hold a Board of Directors meeting on February 28 to approve the annual results.
On February 18th, Gelonghui reported that GWPA HOLDINGS (00583.HK) announced that the Board of Directors will hold a meeting on February 28, 2025 (Friday) to review and approve the annual results of the company and its subsidiaries for the year ending December 31, 2024, as well as to address any Other matters.
GWPA HOLDINGS (00583.HK): The Ministry of Finance plans to transfer approximately 73.53% of its holdings in China Greatwall Technology Group to Central Huijin without compensation.
On February 14, Gu Longhui reported that GWPA HOLDINGS (00583.HK) announced that it was recently notified by its controlling shareholder China Greatwall Technology Group Asset Management Co., Ltd. that the Ministry of Finance of China intends to transfer all of its 37,670,043,600 shares of China Greatwall Technology Group (representing approximately 73.53% of the issued shares of China Greatwall Technology Group) without compensation to Central Huijin Investment Limited. The Board of Directors believes that the transfer without compensation will not have any significant impact on the Group's financial position and Operation.
Express News | Great Wall Pan Asia Holdings Ltd - Transfer of Stake to Central Huijin Investment
gwpa holdings (00583) violated by failing to report two loan contracts, with a total upper limit of 1.7 billion yuan.
Jingu Financial News | gwpa Holdings (00583) announced, prior to April 26, as a guarantor, entered into two loan contracts with a fully-owned subsidiary, Dinghuang, as the borrower, and a bank, with a total loan limit of 1.7 billion yuan, but violated the announcement rules under Article 13.18 of the listing rules by not complying on time. The company stated that the borrowed amount includes a one-year committed term loan financing with a total principal limit of 0.85 billion yuan (with a term of 364 days from the date of the loan contract), and a five-year committed term loan financing with a total principal limit of 0.85 billion yuan. The company explained that the violation was due to inadvertence.
Express News | Great Wall Pan Asia - Committed Term Loan Facility of up to HK$850 Mln to Unit
GWPA HOLDINGS: 2024 INTERIM REPORT
GWPA HOLDINGS: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
gwpa holdings (00583.HK): Expected mid-term shareholder's share of comprehensive profit is 4.29 million to 4.74 million Hong Kong dollars.
GWPA Holdings (00583.HK) announced on August 21 that for the six months ended June 30, 2024, the Group expects to report unaudited consolidated net profit attributable to shareholders of approximately HK$4.29 million to HK$4.74 million, along with unaudited basic earnings per share of approximately HK$0.27 to HK$0.30, a decrease of about 97% compared to unaudited consolidated net profit of HK$0.162 billion and unaudited basic earnings per share of 10.36 HK cents for the six months ended June 30, 2023. This is mainly due to the expected subsidiary's contribution to the group's profit during this reporting period.
Express News | Great Wall Pan Asia - Expected Result Due to Increase in Finance Cost of Associate During Hy
Express News | Great Wall Pan Asia Sees Unaudited Consolidated Profit Attributable HK$4.29 Mln to HK$4.74 Mln for Six Months
Express News | Great Wall Pan Asia Holdings Ltd - Huang Wei Tendered His Resignation as Executive Director, CEO
Express News | Great Wall Pan Asia - Wang Zuomin Appointed as an Executive Director, Chief Executive Officer
Gwpa Holdings (00583.HK) will hold a board of directors meeting on August 30 to approve the interim performance.
Gwpa Holdings (00583.HK) announced that the company will hold a board of directors meeting on August 30, 2024 to consider and approve the mid-term performance and publication of the company and its subsidiaries for the six months ending June 30, 2024.