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Month: March 2023

Atour Lifestyle Holdings Limited Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

Net revenues for the fourth quarter of 2022 increased by 5.8% year-over-year to RMB626 million (US$91 million), compared with RMB592 million for the same period of 2021. Net revenues for 2022 increased by 5.4% year-over-year to RMB2,263 million (US$328 million) compared with RMB2,148 million for 2021. Net loss for the fourth quarter of 2022 was RMB83 million (US$12 million). For 2022, net income was RMB96 million (US$14 million). Adjusted net income (non-GAAP)1, which excluded share-based compensation expenses from net income (loss), for the fourth quarter of 2022 increased by 199.8% to RMB81 million (US$12 million), compared with RMB27 million for the same period of 2021. Adjusted net income (non-GAAP) for 2022 increased by 85.6% year-over-year to RMB259 million (US$38 million) compared with RMB140 million for 2021. EBITDA (non-GAAP)2...

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Verde’s revenue grows 190%, with a 271% increase in EBITDA in full year 2022

(All figures are in Canadian dollars, unless stated otherwise. Average exchange rate in 2022: C$1.00 = R$3.97) BELO HORIZONTE, Brazil, March 30, 2023 (GLOBE NEWSWIRE) —  Verde AgriTech Plc (TSX: “NPK”) (OTCMKTS: “VNPKF”) (“Verde” or the “Company”) is pleased to announce its financial results for the full year ended December 31, 2022 (“FY 2022”) and the fourth quarter 2022 (“Q4 2022”). FY 2022 Financials        Revenue increased by 190% in FY 2022, to $80,271,000 compared to $27,709,000 in FY 2021. Revenue in Brazilian Real (“R$”) increased by 167% in FY 2022, to R$318,544,000, compared to R$119,310,000 in FY 2021. Sales of Verde’s multinutrient potassium products, BAKS® and K Forte® sold internationally as Super Greensand® (the “Product”) by volume increased by 57% in FY 2022, to 628,000 tonnes compared to 400,000...

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Parsons Wins Position On $160M U.S. Army Corps of Engineers Contract

CENTREVILLE, Va., March 30, 2023 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the company was selected for a position on a $160 million indefinite-delivery, indefinite quantity (IDIQ) multiple award contract by the United States Army Corps of Engineers (USACE) Engineering and Support Center Huntsville to modernize Department of Defense facilities and infrastructure. The contract includes a base period of two years and a 36-month option period. “We’re proud to continue building on our long-standing history of helping the federal government meet their infrastructure needs worldwide,” said Jon Moretta, president, Engineered Systems, for Parsons. “From planning and design to delivery, our team’s deep domain expertise and resources make Parsons a trusted partner to the U.S. Army Corps of Engineers in delivering...

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Fennec Pharmaceuticals Reports Full Year and Fourth Quarter 2022 Financial Results

~ U.S. Commercial Team in Place with PEDMARK® Launch Off to Solid Start Following FDA Approval of PEDMARK®in September 2022 ~ ~ Company Has Approximately $23.8 Million in Cash ~ RESEARCH TRIANGLE PARK, N.C., March 30, 2023 (GLOBE NEWSWIRE) — Fennec Pharmaceuticals Inc. (NASDAQ:FENC; TSX: FRX), a specialty pharmaceutical company, today reported its financial results for the fiscal year ended December 31, 2022 and provided a business update. “It was an outstanding year for Fennec as we achieved FDA approval of PEDMARK® in the fourth quarter and evolved into a commercial-stage pharmaceutical company. For 2023, we are focused on building upon our early commercial launch momentum by continuing to execute on our strategic plans, expand our prescriber base, and increase the utilization of PEDMARK®,” said Rosty Raykov, chief executive...

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French Fries Market to Hit USD 22.29 Billion by 2029 | At a CAGR of 4.7%

Key companies covered in French fries market are McCain Foods Limited (Canada) , J.R. Simplot Company (U.S.), Lamb Weston (U.S.), Farm Frites International B.V. (Netherlands), Aviko (Netherlands), Ore-Ida (U.S.), Cascadian Farm Organics (U.S.), Alexia Foods (U.S.), Checkers Rally’s (U.S.), Arby’s I.P. Holder (U.S.) & Others. Pune, India, March 30, 2023 (GLOBE NEWSWIRE) — The French fries market size was valued at USD 15.00 billion in 2021 and is projected to grow from USD 16.20 billion in 2022 to USD 22.29 billion by 2029, exhibiting a CAGR of 4.7% during the forecast period. French fries are the most sustainable potato products made up of potatoes and are eaten as snacks across the globe. It can be eaten with various sauces, mayonnaise, ketchup, and others. Fries are served in various shapes such as waffles and thin, curly...

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Uxin Reschedules the Release of Its Financial Results for the Third Quarter of Fiscal Year 2023

BEIJING, March 30, 2023 (GLOBE NEWSWIRE) — Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading e-commerce platform for buying and selling used cars in China, today announced that it is rescheduling its earnings release and conference call for the third quarter of fiscal year 2023 ended December 31, 2022, previously scheduled for March 31, 2023. The Company is finalizing certain arrangements that are intended to significantly improve the Company’s financial conditions. The Company now plans to report its financial results for the third quarter of fiscal year 2023 ended December 31, 2022 on April 11, 2023. Uxin’s management team will host a conference call on April 11, 2023, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference...

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DSV – Q1 2023 analyst conference call

We expect to release the Q1 2023 results of DSV A/S in the morning of 27 April 2023. A webcast and conference call will be held at 11:00 am CEST. At the call, Group CEO Jens Bjørn Andersen, Group COO Jens Lund and Group CFO Michael Ebbe will present the Q1 2023 Interim Financial Report. The presentation will be followed by a Q&A session. Date:                 27 April 2023Time:                 11:00 am CEST To attend the conference call, you may do one of the following:       a.   Webcast Go to investor.dsv.com or https://dsv-events.eventcdn.net/events/interim-report-first-quarter-2023       b.   Conference call Participant dial-in telephone numbers: DK: +45 78 76 84 90UK: +44 (0) 203 769 6819US: +1 646 787 0157 (PIN 882 686) We recommend participants to dial in 10 minutes prior to the scheduled start time. Contacts Investor RelationsFlemming...

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Stolt-Nielsen Limited Reports Unaudited Results For the First Quarter of 2023

LONDON, March 30, 2023 – Stolt-Nielsen Limited (Oslo Børs ticker: SNI) today reported unaudited results for the first quarter ending February 28, 2023. The Company reported a first-quarter net profit of $99.8 million, with revenue of $708.7 million, compared with a net profit of $95.3 million, with revenue of $732.5 million, in the fourth quarter of 2022. Highlights for the first-quarter 2023, compared with the fourth quarter of 2022, were:Stolt-Nielsen Limited (SNL) consolidated EBITDA1 of $215.6 million, up from $197.8 million. Stolt Tankers reported operating profit of $87.1 million, up from $78.2 million, largely driven by higher contract rates and improved spot volume. The STJS average sailed-in revenue for the quarter was $29,066 per operating day, up 7.0% from $27,162. Stolthaven Terminals reported operating profit of $25.1...

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BioPorto Announces Annual Results for the Year ended December 31, 2022

March 30, 2023Announcement no. 4 BioPorto Announces Annual Results for the Year ended December 31, 2022 COPENHAGEN, Denmark and BOSTON, MA, USA, March 30, 2023, (GLOBE NEWSWIRE) — BioPorto A/S (BioPorto) (CPH:BIOPOR) today announced financial results for the year ended December 31, 2022 and business progress for the fourth quarter of 2022. Recent HighlightsFor the year ended December 31, 2022:Total revenue of DKK 29.0 million / USD 4.1 million, a 19% increase over the prior year Adjusted EBITDA of DKK (67.3) million / USD (9.5) million Cash and cash equivalents of DKK 81.8 million / USD 11.7 million as of December 31, 2022 (DKK 45.5 million / USD 6.9 million as of December 31, 2021)For the fourth quarter ending December 31, 2022:Total revenue of DKK 8.7 million / USD 1.2 million, a 28% increase over the prior year Adjusted...

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