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Ant Group AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year
Key Points:
- AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year
(Hong Kong, February 23, 2024) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) today announced its second interim results for the twelve months ended December 31, 2023.
- • EBITDA of the Group for the 12-Month Period was approximately HK$39.5 million (Twelve months ended December 31, 2022: Negative EBITDA of approximately HK$37.7 million).
- The profit for the 12-Month Period was approximately HK$29 million (12 months ended December 31, 2022: loss of approximately HK$131 million).
- The change from operating loss to profit was mainly due to: (1) the increase in total revenue; (2) the increase in net finance income.
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Tuesday, December 26, 2023
(Hong Kong, December 8, 2023) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) is delighted to announce that it has been included as a constituent stock in the MSCI World Micro Cap Index, effective upon close of trading on November 30, 2023.
Key Points:
- (Hong Kong, December 8, 2023) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) is delighted to announce that it has been included as a constituent stock in the MSCI World Micro Cap Index, effective upon close of trading on November 30, 2023.
- The MSCI World Micro Cap Index is compiled by Morgan Stanley Capital International (MSCI) to measure the performance of micro-cap sector across global markets, covering a wide range of companies with outstanding business performance and high potential.
- It is widely recognized as a benchmark by international institutional investors.
- The board of directors believes that the inclusion of the Group in the MSCI World Micro Cap Index fully reflects the Group's development prospects are highly recognized in the international capital market, the Group is expected to further expand its visibility in the international capital market, to attract more diversified investor base, and increase the trading liquidity of its shares.
