Home » Excluding listing expenses, International Yongsheng Group (08441.HK) adjusted profit for the first three quarters increased by no less than 100.0% _ Oriental Fortune Net

Excluding listing expenses, International Yongsheng Group (08441.HK) adjusted profit for the first three quarters increased by no less than 100.0% _ Oriental Fortune Net

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  International Yongsheng Group(08441.HK)announcement, excluding the non-recurring listing expenses of approximately HK$9.5 million incurred for the nine months ended 31 December 2021 for the proposed transfer of the Company’s shares from the GEM of the Stock Exchange to the Main Board and the nine months ended 31 December 2020 Recognized government subsidy income of approximately HK$38.6 million, adjusted profit and total comprehensive income for the nine months ended December 31, 2021 will increase by not less than 2500 compared with the nine months ended December 31, 2020 10,000 Hong Kong dollars, that is, an increase of not less than 100.0%.

The increase was mainly attributable to the net effect of: (i) the increase in revenue from general manned escort services in the general escort services segment, which increased by not less than 20.0 as compared to the relevant figures for the nine months ended 31 December 2020 % due to (a) an increase of not less than HK$22.9 million in revenue generated from the provision of escort services at the Hong Kong International Airport Three-Runway System project site; and (b) the largest bus company in Hong Kong providing bus services to the public once generated information about its headquarters and an increase of not less than HK$3.4 million in revenue from the provision of security guard services at six bus stations;

(ii) The increase in revenue from manpower support services in the general security services segment increased by not less than 80.0% as compared to the relevant figures for the nine months ended 31 December 2020, due to (a) after the outbreak of COVID-19, the Medical policy and provision of basicmedical serviceIncome generated by community testing centres set up by government departments for sample delivery and COVID-19 testing support services for deep throat saliva sample collection kits at distribution points increased by not less than HK$100 million; and (b) a MTR Corporation an increase of not less than HK$17 million in revenue from the provision of station assistant services;

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And (iii) other operating expenses increased by approximately HK$48.3 million, mainly due to subcontracting costs of approximately HK$54.1 million for the COVID-19 testing support services for the nine months ended December 31, 2021.

(Article source: Gelonghui)


Article source: Gelonghui

Responsible editor: 91

Original title: Excluding listing expenses, International Yongsheng Group (08441.HK) adjusted profit for the first three quarters increased by no less than 100.0%

Solemnly declare: Oriental Fortune.com releases this information for the purpose of disseminating more information and has nothing to do with the position of this site.

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