Deflation looms in China amid property crisis and Covid-19 curbs: Survey

BEIJING – China faces increasing risks from deflation as demand crumbles under the weight of an ongoing property crisis and is threatened by continued Covid-19 restrictions – a stark contrast with other major economies, according to a private survey. Companies reported the weakest growth in sale prices since the last quarter of 2020 in the three […]

Prenetics Announces Second Quarter 2022 Financial Results and Raises Full Year Adjusted EBITDA Outlook

LONDON AND HONG KONG, Sep 9, 2022 – (ACN Newswire via SEAPRWire.com) – Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the second quarter ended June 30, 2022. — Revenue of US$51.7 million in the second quarter of 2022— […]

Genetec’s Quarterly Performance Jumps by 126%

BANGI, Malaysia, Aug 29, 2022 – (ACN Newswire via SEAPRWire.com) – Technology leader in providing fully customised, intelligent manufacturing automation solutions, Genetec Technology Berhad continued its performance momentum into the new financial year, recording a surge in profit after tax (PAT) of RM18.6 million representing a 126.8% jump compared to RM8.2 million registered for the […]

Emerging market central banks show strong appetite for gold in Q2: Report

SINGAPORE – Central bank demand for gold, particularly from emerging markets and developing economies, more than doubled in the second quarter of the year compared with the previous quarter, driven by growing fears of an impending global recession and changes in the international monetary system. According to data from a recently released World Gold Council […]

Kingsoft Announces 2022 Interim and Second Quarter Results

HONG KONG, Aug 23, 2022 – (ACN Newswire via SEAPRWire.com) – Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2022 interim results and its second quarter results for the period ended 30 June 2022. For the first half of 2022, […]

Starbucks to Nike report steep China sales drop on Covid-19 lockdowns

BEIJING (BLOOMBERG) – Global consumer giants selling everything from jewellery to T-shirts saw sales in China tumble in their most recent quarter as Covid-19-zero lockdowns hammered consumer demand in the world’s second-largest economy. Starbucks was particularly hard hit, reporting a more than 40 per cent drop in sales in the quarter ended July 3. The […]

LexinFintech Holdings Ltd. Reports Second Quarter 2022 Unaudited Financial Results

SHENZHEN, China, Aug. 16, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced its unaudited financial results for the quarter ended June 30, 2022. “We are pleased to see that our second quarter […]

Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2022

SHENZHEN, China, Aug. 16, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights: Total revenues were US$78.3 million, representing a decrease […]

Agora, Inc. Reports Second Quarter 2022 Financial Results

SANTA CLARA, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its unaudited financial results for the second quarter ended June 30, 2022. “We delivered strong operational results this quarter as our top line returned to a quarter-over-quarter growth […]

Gulf Resources Announces Results for the Second Quarter and Six Months Ended June 30, 2022

SHOUGUANG, China, Aug. 15, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced financial results for the six and three months ended June 30, 2022 Gulf Resources is pleased to report a […]

JOYY to Announce Second Quarter Financial Results on August 29, 2022

SINGAPORE, Aug. 15, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company,” formerly known as YY Inc.), a global video-based social media company, today announced that it plans to release its second quarter 2022 financial results after the U.S. market closes on August 29, 2022. The Company’s management will host […]

ATA Creativity Global Reports 2022 Second Quarter Financial Results

Conference Call on Thursday, August 11, 2022, at 9 p.m. ET with Accompanying Investor Presentation BEIJING, Aug. 11, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced preliminary unaudited financial results […]

Jiayin Group Inc. to Release Second Quarter 2022 Unaudited Results on Thursday, August 18, 2022

SHANGHAI, China, Aug. 11, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced that it will release its financial results for the second quarter 2022 before the U.S market opens on Thursday, August 18, 2022. The Company will conduct a conference […]

Luckin Coffee Inc. Announces Second Quarter 2022 Financial Results

Second Quarter Net Revenues Increased 72%; 615 Net New Store Openings Continued Improvement in Profitability ProfileSustainable Development Committee Formed to Advise on ESG Initiatives, Policies and Disclosures BEIJING, Aug. 08, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced its unaudited financial results for the three […]