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Month: May 2023

Futu Announces First Quarter 2023 Unaudited Financial Results

HONG KONG, May 24, 2023 (GLOBE NEWSWIRE) — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Operational HighlightsTotal number of paying clients1 increased 15.2% year-over-year to 1,528,103 as of March 31, 2023. Total number of registered clients2 increased 13.5% year-over-year to 3,304,758 as of March 31, 2023. Total number of users3 increased 10.5% year-over-year to 20.0 million as of March 31, 2023. Total client assets increased 20.6% year-over-year to HK$465.5 billion as of March 31, 2023. Daily average client assets were HK$453.0 billion in the first quarter of 2023, an increase of 16.7% from the same period in 2022. Total trading...

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Result of the auction of 1.75 per cent DGB 2025, 2.25 per cent DGB 2033 and 0.10 per cent DGBi 2034

Bids, sales, cut-off price, pro rata and yield are presented in the table below:           ISIN Bid mill. DKK (nominal) Sale mill.DKK (nominal) Cut-off price Pro rata Yield99 23138 DGB 1.75% 15/11/2025 1,150 300 97.31 100 % 2.89 % p.a.99 24532 DGB 2.25% 15/11/2033 950 400 95.33 100 % 2.77 % p.a.99 24458 DGBi 0.10% 15/11/2034 70 0 – – –Total 2,170 700      Settlement: 26 May 2023

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AMG Lithium and Fortum Battery Recycling Oy Sign MoU for Supply of Recycled Lithium Hydroxide

Amsterdam, 24 May 2023 — AMG Critical Materials N.V. (“AMG”, EURONEXT AMSTERDAM: “AMG”) announces its wholly owned subsidiary, AMG Lithium GmbH (“AMG Lithium”), has signed a non-binding memorandum of understanding (“MOU”) with Fortum Battery Recycling Oy (OMX: FORTUM), a Nordic clean energy provider. Fortum’s all new commercial scale hydrometallurgical plant in Harjavalta is able to efficiently recover valuable metals from old electric vehicle lithium-ion batteries while also recycling various waste fractions derived throughout the battery supply chain. According to the signed MoU, the lithium product recovered by Fortum Battery Recycling will be delivered to AMG Lithium for further processing. “We are very excited to be cooperating with AMG Lithium on this important project. We were looking for a partner...

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[Latest News] Pulp and Paper Market to Worth USD 372.70 Billion by 2029 | Fortune Business Insights™

The global pulp and paper market covered major segments by Category (Wrapping & Packaging, Printing & Writing, Sanitary, News Print, and Others), and Regional Forecast Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — [Latest Report] from Fortune Business Insights™ states, the global pulp and paper market size was USD 351.53 billion in 2021 and is projected to grow from USD 354.39 billion in 2022 to USD 372.70 billion by 2029 at a CAGR of 0.72% during the 2022-2029 period. Pulp and paper refer to the industry and processes involved in the production of paper and related materials. It encompasses the extraction of pulp from raw materials, such as wood or recycled paper, and the subsequent manufacturing of various types of paper products. Fortune Business Insights™ publishes this information in a report titled,...

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[Latest News] PPE Industry to Worth USD 110.85 Billion by 2029 | Fortune Business Insights™

The global PPE industry report covered major segments by Product (Hand Protection, Eye & Face, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Head Protection, and Others), By End-use Industry (Manufacturing, Construction, Automotive, Oil & Gas, Healthcare, Food, Chemical, Transportation, and Others), and Regional Forecast by 2029. Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — [Latest Report] by Fortune Business Insights™ states, the global PPE industry was valued at USD 71.05 billion in 2021 and is projected to grow from USD 80.38 billion in 2022 to USD 110.85 billion in 2029, exhibiting a CAGR of 4.7% during the forecast period. Personal Protective Equipment (PPE) refers to specialized clothing, equipment, or accessories that are worn or used to protect individuals...

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SP Group A/S – Interim report – First quarter of 2023

SP Group generated revenue of DKK 707.3 million in the Q1 2023 reporting period, a decline of 1.8% from DKK 720.1 million in Q1 2022. EBITDA was down by 1.6% to DKK 127.7 million from DKK 129.7 million last year, and profit before tax fell by 17.5% to DKK 68.4 million. FY 2023 guidance is maintained. SP Group expects FY 2023 revenue to grow by 5-15% with an EBITDA margin of 16-19% and an EBT margin of 9-12%. See attachment.AttachmentMeddelelse nr. 26 – Q1 – ENG – 24 05 23

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Photocat secures repeat order in United Arab Emirates

May 24th 2023        Photocat secures repeat order in United Arab Emirates Photocat continues to expand its operation in United Arab Emirates (UAE) and secures the second sales contract worth of 130,000 EUR with the Public Listed group company ‘Fujairah Building Industries PJSC’ Roskilde, Denmark. May 24, 2023 – In continuation of Fujairah Concrete Products’ (FCP) formal market launch of the revolutionary Photocatalytic AQ Pavers in United Arab Emirates with Photocat A/S of Denmark in order to remove dangerous NOx gasses and improve air quality, we are pleased to announce the second delivery contract of our proprietary photocatalytic NOxOFF catalyst. This delivery contract has a value of 130,000 EUR. In partnership with FCP, we are proud to announce the launch of the AQ Pavers with photocatalytic coating. The pavers are designed to help...

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Capgemini launches 6G research lab in India

Press contact: Pallavi Pattanaik Tel.: +91 99020 34783 E-mail: pallavi.pattanaik@capgemini.com Capgemini launches 6G research lab in India The lab will leverage next-generation connectivity and advanced AI to explore innovative and energy-efficient use cases and address wireless communication challenges presented by 6G Mumbai, India – May 24, 2023 – Capgemini has announced the launch of a 6G research lab in Gurugram, India. The lab will build advanced test beds and simulators to explore use cases for next generation wireless networks, 6G ideation, and the creation of energy saving solutions. In May 2022, Capgemini announced an innovative joint research project with King’s College London to explore the possibilities opened up by 6G, focusing on developing new architecture frameworks to enable ultra-large coverage, AI native and sustainable...

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TGS and KONGSBERG to Cooperate for Data-Driven Solutions for Offshore Wind Field Development

TGS_Kongsberg09 TGS and Kongsberg CEOsOSLO, Norway (24 May 2023) – TGS and Kongsberg Gruppen (KONGSBERG) have today announced a strategic collaboration to jointly develop integrated data and digital solutions for the offshore wind industry. The aim of the partnership is more efficient use of data and digitalization to drive faster scaling of offshore wind. According to forecasts, the offshore wind installed base worldwide is expected to more than quadruple between 2023 and 2030. To support and enable this growth, TGS and KONGSBERG have signed a Memorandum of Understanding agreeing to collaborate on developing solutions that meet offshore wind client needs and jointly engage leading offshore wind developers.  The offshore wind industry holds potential for exponential growth and is widely viewed as being crucial for increasing the production...

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Pest Control Industry to Worth USD 31.94 Billion by 2027 | Fortune Business Insights™

Key companies covered in pest control industry are Service Master Global Holdings Inc., Bayer AG, Terminix International Company L.P, Anticimex, Rentokil Initial Plc., Ecolab Inc., Truly Nolen, Rollins Inc., Massey Services Inc., Bell Laboratories, and more players profiled Pune, India, May 24, 2023 (GLOBE NEWSWIRE) — The global Pest Control Industry is anticipated to witness substantial growth on account of the increasing rodent population and reach USD 31.94 billion by 2027. The change in climatic conditions and the rapidly growing population of rodents worldwide have increased the demand for these products worldwide. As per a recently published report by Fortune Business Insights titled, “Pest Control Industry Size, Share & Industry and Regional Forecast, 2020 – 2027,” the market value was USD 19.73 billion in 2019...

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