5 stories mentioning HKG:3355Updated 7d ago
Every FINWIRES story that references HKG:3355, newest first.
FS.com (HKG:3355) on Wednesday disclosed plans to buy back up to HK$350 million of its shares, according to a Wednesday bourse filing.The company said its current share price does not reflect its intrinsic value, representing a good opportunity to conduct the buyback.
FS.com (HKG:3355) posted first-quarter net profit of 155.9 million yuan, up 57% from 99.3 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.The networking equipment provider's shares were down nearly 4% in morning trade on Wednesday.Revenue rose 25% to 787.4 million yuan from 632.0 million yuan in the prior-year period.
FS.com (HKG:3355) booked 601.5 million yuan in profit for 2025, up 51% from 397.3 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The networking equipment provider's shares gained 2% in morning trade Wednesday.Earnings per share were 1.69 yuan, compared with 1.12 yuan in the prior year.Revenue rose 14% year on year to 2.97 billion yuan, figures showed.The company declared a dividend of 4.93 yuan per 10 shares, payable June 30 to shareholders of record on June 10.
FS.com (HKG:3355) has received a civil claim from Huawei Technologies alleging trademark infringement, according to a Thursday Hong Kong bourse filing.Huawei is seeking an order for the company to cease the alleged infringement and to pay compensation, the filing said.FS.com said the products cited in the claim accounted for less than 0.2% of its 2025 revenue and that it believes its products do not infringe Huawei's trademark rights.The direct-to-customer networking equipment provider added that the case is at an early stage and has no material impact on its operations or financial position.
FS.com (HKG:3355) said the overallotment option in its Hong Kong initial public offering was partially exercised on Friday, with the issue of 5.7 million additional shares at HK$41.60 each, according to a same-day bourse filing.The additional shares represent about 14.2% of the total offer shares available under the global offering before the exercise of the overallotment option.The company expects to raise about HK$228.1 million in additional net proceeds.Dealings in the over-allotment shares are expected to begin on April 23, the filing said.
