Man King Holdings (HKG:2193) expects a net profit of between HK$6 million and HK$9.6 million for the year ended March 31, compared with a net loss of HK$21.1 million a year prior, according to a Friday Hong Kong bourse filing.
The construction company attributed the forecast to an improved gross profit of various construction projects, as well as the absence of one-off impairment of financial assets as was seen in the year-ago period.
Hwatsing Technology (SHA:688120) plans to raise up to 400 million yuan from the sale of 35.4 million shares to 35 investors under a private placement, according to a Friday filing with the Shanghai bourse.Proceeds will be used to fund integrated circuit and semiconductor equipment research and development, as well as wafer regeneration and expansion projects, the filing said.
Pokfulam Development (HKG:0225) recorded an attributable profit of HK$43.6 million for the six months ended March 31, compared with an attributable loss of HK$131 million a year prior, according to a Friday Hong Kong bourse filing.Basic EPS stood at HK$0.40 in the half year, compared with a basic loss per share of HK$1.19 in the corresponding period of the previous fiscal year.Revenue slipped slightly to HK$84.2 million from HK$85.9 million in the year-ago period.The firm declared an interim dividend of HK$0.04 per ordinary share for the period, payable July 2 to shareholders of record as of June 18.
Shenzhen Pagoda Industrial (Group) (HKG:2411) granted 27 million restricted share units (RSUs) to three employees under a 2025 incentive scheme, according to a Friday Hong Kong bourse filing.The RSUs represent the same number of underlying shares, which make up roughly 1.35% of the fruit retailer's issued shares.The firm now has nearly 4.4 million shares available for future grant under the scheme mandate limit.