Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 10 November 2021, 19:46 HKT/SGT
Share:
IBO Technology (2708.HK) Announced Positive Profit Alert; Expects Profit Attributable to the Owners of the Company of not Less than RMB3 million

HONG KONG, Nov 10, 2021 - (ACN Newswire) - IBO Technology Company Limited (stock code: 2708.HK) has announced a positive profit alert that the profit attributable to the owners of the Company of not less than RMB3 million for the six months ended 30 September 2021 (Loss attributable to the owners of the Company of RMB15.45 million for the six months ended 30 September 2020), which was mainly attributable to:

-- the substantial increase in revenue and gross profit during the Reporting Period as compared to the Corresponding Period of 2020, as driven by significant increase in revenue from intelligent terminal products sales;

-- gain on change in fair value of convertible bonds was recorded during the Reporting Period, while loss on change in fair value of convertible bonds was recorded for the Corresponding Period of 2020;

-- gain on change in fair value of consideration payables was recorded during the Reporting Period, while loss on change in fair value of consideration payables was recorded for the Corresponding Period of 2020.

The Board expects that the announcement of the interim results of the Company for the six months ended 30 September 2021 will be published by the end of November 2021.

For more information, please refer to the announcement:
https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1110/2021111000473.pdf




Topic: Press release summary Sectors: Daily Finance
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Pixis (Formerly Pyxis One) Raises $100M in SoftBank Vision Fund 2-led Series C to Grow Its Codeless AI Infrastructure   
Jan 22, 2022 02:00 HKT/SGT
2022's First SPAC and Metaverse Investment Opportunities Virtual Investment Conference in Hong Kong  
Jan 21, 2022 19:35 HKT/SGT
Yeahka ranks No. 1 in the non-bank independent QR code payment service market in China  
Jan 21, 2022 17:51 HKT/SGT
Mitsubishi Power Europe and Stockholm Exergi partner to deliver clean power and heat to the city of Stockholm  
Friday, January 21, 2022 3:51:00 PM
MoU Between Verofax Asia and Distichain to Enable Empowered Digital Global Trade  
Jan 21, 2022 14:00 HKT/SGT
What You Need to Know about TRON in 2022  
Jan 21, 2022 13:00 HKT/SGT
Ingerson Capital Partners Releases the Performance Report on 'Asia Driving Demand for Longer Trading Hours'  
Jan 21, 2022 13:00 HKT/SGT
Realbox launches one of world's first blockchain-based real estate tokenization platforms  
Jan 20, 2022 20:00 HKT/SGT
Slime Royale Announces to Receive Strategic Investment and Incubation Support from Appota Group  
Jan 20, 2022 14:00 HKT/SGT
Hitachi Rail Awarded Contract to Operate and Maintain Princess Noura Bint Abdul Rahman University Autonomous System in Riyadh, Saudi Arabia  
Thursday, January 20, 2022 1:14:00 PM
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2022 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: