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GUAN CHAO HLDGS (01872) recommends adopting the 2025 share scheme and terminating the existing stock option plan.
GUAN CHAO HLDGS (01872) announced that the Board of Directors has decided to propose the adoption of the 2025 share plan and to terminate the existing purchase...
Orient: Consumer stimulus policies have been implemented, and the consumer sentiment among residents has significantly rebounded.
The trend of Consumer recovery is good, the momentum of online retail continues to be released, and the increase in Trade volume in the e-commerce Industry is strongly supported, maintaining a Bullish rating for the Industry.
GUAN CHAO HLDGS: 2024 ANNUAL REPORT
Guan Chao Swings to Loss in 2024
GUAN CHAO HLDGS (01872.HK) expects revenue to increase by approximately 5.5% to 0.19 billion Singapore dollars in the fiscal year 2024.
On March 31, Ge Long Hui announced that GUAN CHAO HLDGS (01872.HK) reported an increase in group revenue of approximately 5.5% to about 190.9 million Singapore dollars for the fiscal year 2024, mainly due to an increase in Autos sales of about 8.9 million Singapore dollars or 5.3%. The group recorded a loss of approximately 3.1 million Singapore dollars for the fiscal year 2024, compared to a profit of about 7.7 million Singapore dollars for the fiscal year 2023. The decrease in profit for fiscal year 2024 was mainly due to (i) a decrease in Other income - net of approximately 2.2 million Singapore dollars; and (ii) an increase in general and administrative expenses of approximately 7.9 million Singapore dollars.
GUAN CHAO HLDGS (01872) released its annual results, reporting a loss attributable to Shareholders of 3.24 million Singapore dollars, turning from profit to loss year-on-year.
GUAN CHAO HLDGS (01872) announced its annual results for the year ending December 31, 2024, with a group revenue of 0.191 billion...
