IBO Technology (2708.HK) Announced Positive Profit Alert; Expects Profit Attributable to the Owners of the Company of not Less than RMB3 million

IBO Technology (2708.HK) Announced Positive Profit Alert; Expects Profit Attributable to the Owners of the Company of not Less than RMB3 million

Wednesday, 10 November 2021, 19: 46 HKT/SGT



HONG KONG, Nov 10, 2021 – (ACN Newswire) – IBO Technology Company Limited (stock code:2708 HK) has actually revealed a favorable revenue alert that the earnings attributable to the owners of the Company of not less than RMB3 million for the 6 months ended 30 September 2021 (Loss attributable to the owners of the Company of RMB1545 million for the 6 months ended 30 September 2020), which was primarily attributable to:

— the significant boost in earnings and gross earnings throughout the Reporting Period as compared to the Corresponding Period of 2020, as driven by substantial boost in earnings from smart terminal items sales;-LRB-

— gain on modification in reasonable worth of convertible bonds was tape-recorded throughout the Reporting Period, while loss on modification in reasonable worth of convertible bonds was taped for the Corresponding Period of 2020;

— gain on modification in reasonable worth of factor to consider payables was taped throughout the Reporting Period, while loss on modification in reasonable worth of factor to consider payables was tape-recorded for the Corresponding Period of 2020.

The Board anticipates that the statement of the interim outcomes of the Company for the 6 months ended 30 September 2021 will be released by the end of November 2021.

For more info, please describe the statement:

https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1110/2021111000473 pdf


Topic: Press release summary

Sectors: Daily Finance


http://www.acnnewswire.com


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