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Home > Latest

Kwoon Chung Bus Holdings Limited (00306.HK) announced a profit growth and expects its annual pre-tax profit to increase to approximately 165 million Hong Kong dollars.

date
19/06/2025
The Financial Channel APP announced that Guanzhong Bus Group (00306.HK) expects to achieve a comprehensive pre-tax profit of approximately HK$165 million for the year ending March 31, 2025, while the same period in 2024 achieved a comprehensive pre-tax profit of approximately HK$68 million.
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Hunan province has upgraded its flood prevention emergency response to level three.
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The International Monetary Fund warns that the eurozone faces the risk of falling into an economic stagnation.
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Luxury goods stocks were one of the worst performing sectors in Europe on Thursday. Berenberg analysts warned that industry data "clearly indicates" that demand is under pressure. Watchmakers were also impacted by a sharp decline in Swiss watch exports in May. The Goldman Sachs European Luxury Basket index fell 1.8%, hitting its lowest level since April 24th. Richemont Group fell by 2.2%, LVMH by 1.3%, Hermes by 1.7%, L'Oreal by 0.96%, Kering Group by 2.8%, Moncler by 2.4%, Pandora by 1.7%, and Burberry by 4.2%.
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European luxury goods stocks fall
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Green Economy (01315.HK) appoints Zhu Feng as the chairman of the board
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