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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.
Asia Commercial Holdings' (HKG:104) Conservative Accounting Might Explain Soft Earnings
ASIA COMM HOLD: 2024/2025 INTERIM REPORT
Asia Commercial Logs 17% Higher Attributable Profit in Fiscal H1
ASIA COMM HOLD (00104.HK) reported a mid-term net profit of 36 million Hong Kong dollars, an increase of 17% year-on-year.
On November 27, Gu Long Hui announced that for the six months ending September 30, 2024, ASIA COMM HOLD (00104.HK) reported revenue of 0.338 billion HKD, unchanged from last year; during this period, net profit recorded was 36 million HKD, an increase of 17% year-on-year; earnings per share were 4.79 HKD cents. Revenue was primarily stable due to sales from china in both periods (2023: increased by 16%). In this period, sales in Hong Kong and china were 5 million HKD and 0.333 billion HKD, representing a decrease of 11% and a slight increase of 0.2% compared to the same period last year.
Express News | Asia Commercial Holdings H1 Revenue HKD 338 Million
We Think Asia Commercial Holdings' (HKG:104) Robust Earnings Are Conservative
