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NEW FOCUS AUTO: Annual Report 2024
New Focus Auto Tech Proposes Doubling Share Capital for Future Growth
NEW FOCUS AUTO (00360.HK): It is recommended to increase the authorized share capital.
Gelonghui, on April 23, announced that NEW FOCUS AUTO (00360.HK) suggested to increase the company's registered capital from 2 billion Hong Kong dollars (divided into 20 billion shares with a par value of 0.1 Hong Kong dollars each) to 4 billion Hong Kong dollars (divided into 40 billion shares with a par value of 0.1 Hong Kong dollars each) by adding an additional 20 billion shares. The increase in registered capital must be approved by the Shareholders at the annual general meeting with an ordinary resolution before it can take effect.
NEW FOCUS AUTO (00360.HK) 2024 annual revenue is approximately 0.52 billion yuan, a year-on-year decrease of about 6.64%.
On March 31, Gelonghui announced that NEW FOCUS AUTO (00360.HK) had an estimated total revenue of approximately 0.52 billion yuan for the fiscal year 2024, a year-on-year decrease of about 6.64%. The company's loss attributable to equity shareholders for this year is approximately 67,923,000 yuan (2023: 87,320,000 yuan). The reduction in losses is primarily due to a decrease in the expected credit loss provisions for trade receivables and other receivables compared to the fiscal year 2023.
NEW FOCUS AUTO (00360) announced its performance for 2024, with a loss attributable to Shareholders of 67.923 million yuan, a decrease of 22.2% year-on-year.
NEW FOCUS AUTO (00360) announced its 2024 performance, with revenue of approximately 0.5185 billion yuan, a year-on-year decrease of about 6.64%...
New Focus Auto Tech Reports 2024 Financial Results With Reduced Losses
Some New Focus Auto Tech Holdings Limited (HKG:360) Shareholders Look For Exit As Shares Take 27% Pounding
