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Day: August 21, 2024

QuantaSing Unveils New Mission and Vision Statements as Part of Strategic Shift

BEIJING, Aug. 21, 2024 (GLOBE NEWSWIRE) — QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading lifestyle solution provider empowering adults to live better and longer, today announced the launch of a new mission statement and vision statement. The updated mission and vision statements are the first step in a carefully planned business transformation, which represents a significant evolution in QuantaSing’s commitment to enhancing quality of life for middle-aged and senior adults. QuantaSing’s updated mission statement, “Live better, live longer,” reflects the Company’s dedication to improving well-being for adults across various life stages. This shift is further emphasized in the new vision statement, “Become a long-term partner loved and trusted by adult users,” which underscores QuantaSing’s goal...

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Outlook (guidance) 2024

To Nasdaq OMX Copenhagen A/S Company announcement no. 558 August 21st, 2024OUTLOOK (GUIDANCE) FOR 2024    The Board of Directors has reviewed management’s expectations for the remaining part of 2024. The order intake and the orderbook have developed as expected but with some fluctuations. The fluctuations indicate that Glunz & Jensen will not be able to deliver all equipment within the fiscal year 2024. Glunz & Jensen hereby revises outlook for the Group for the full year 2024 as follows:The revenue is expected at approximately DKK 135 million (previous outlook: approximately DKK 148 million) The EBITDA* is expected at approximately DKK 12 million (previous outlook: approximately DKK 18 million) The Profit* before tax is expected at approximately DKK 5 million (previous outlook: approximately DKK 10 million)*The outlook...

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Vilvi Group starts construction of €50 million cheese production facility in Latvia

With the laying of a symbolic capsule, Vilvi Group, one of the biggest dairy enterprises in the Baltic States, began building of a new cheese factory in Bauska, Latvia. The facility is the biggest investment project in the Group’s history, with a value of over EUR 50 million. Additional production capacity of more than 8,000 square metres will be built on the territory of Baltic Dairy Board SIA, the dairy processing plant owned by Vilvi Group. The project is financed with own funds and Citadele Bank loans. The Latvian Government, through the Latvian State Development Finance Institution ALTUM, will contribute more than EUR 8.5 million to the project. “The factory’s construction will be completed in 2026. It will be equipped with an automated, robotic and state-of-the-art cheese production facility, creating more than 100 new...

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Correction: On track with Growth Plan – EBT margin of 24-30% is maintained

  cBrain (NASDAQ: CBRAIN) corrects the announcement released this morning: The Interim Report incorrect guides an EBT margin of 20-25 % for 2024. cBrain maintains the guidance for the fiscal year 2024 with earnings before tax margin (EBT margin) of 24-30%. This is based on continued growth in Denmark, increased international sales, and increased investments into the growth plan in the second half of 2024. Best regards Per Tejs Knudsen, CEO ——-   Company Announcement no. 09/2024 On track with Growth Plan   Copenhagen, August 21, 2024   Revenue grew by +6% to DKK 139m in the first half of 2024, up from DKK 132m in the first half of 2023. The low half-year growth was expected due to an unusual revenue split between the first and second half of 2023, where first-half revenue grew +39% year over year and accounted for 55% of the...

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On track with Growth Plan

Company Announcement no. 09/2024 On track with Growth PlanCopenhagen, August 21, 2024Revenue grew by +6% to DKK 139m in the first half of 2024, up from DKK 132m in the first half of 2023. The low half-year growth was expected due to an unusual revenue split between the first and second half of 2023, where first-half revenue grew +39% year over year and accounted for 55% of the total fiscal year revenue. Danish revenue grew by +21% to DKK 87m in the first half of 2024, up from DKK 72m in the first half of 2023, showing a stable and solid development in the Danish market. International sales declined by -13% to DKK 52m in the first half of 2024, down from DKK 60m in the first half of 2023. The lower international sales are due to the unusual revenue split between the first and second half of 2023, where a large portion of total software...

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TDC NET Holding Financial Report First Half 2024

August 2024 TDC NET Holding Semi-Annual Results Report 2024 TDC NET Holding has released the results of the first half year of 2024. The report highlights the TDC NET Holding accomplishments and financial performance during this period, showcasing our dedication to empower green digital connections. Click here to access the full report. TDC tickers Reuters TDC.CO. Bloomberg TDC DC. For any inquiries related to the above, kindly reach out to TDC NET using the contact details provided below. For investor enquiries: Henrik Hjortshøj-Nielsen, phone: +45 21 29 89 91 e-mail: henhjo@tdcnet.dk Press contact: Lasse Bjerre Sørensen, phone: +45 29 29 23 33 e-mail: lasso@tdcnet.dkAttachmentTDC NET Holding Press Release H1 2024 – Final

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Sydbank’s Interim Report – First Half 2024

Company Announcement No 38/202421 August 2024 Sydbank’s Interim Report – First Half 2024 H1 2024 – highlightsProfit for the period of DKK 1,624m equals a return on equity of 22.4% p.a. after tax Core income of DKK 3,646m is 8% higher compared to the same period in 2023 Trading income of DKK 153m compared to DKK 186m in the same period in 2023 Costs (core earnings) of DKK 1,659m compared to DKK 1,600m in the same period in 2023 Core earnings before impairment of DKK 2,140m are 8% higher compared to the same period in 2023 Impairment charges for loans and advances etc represent an expense of DKK 24m Bank loans and advances have risen by DKK 4.7bn, equal to an increase of 6% compared to year-end 2023 The CET1 ratio stands at 17.7%, equal to a decrease of 1.2pp compared to year-end 2023CEO Mark Luscombe comments on the result:It is...

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Perseus Mining Sells Shares in Montage Gold Corp

Perth, Aug. 21, 2024 (GLOBE NEWSWIRE) —         Perth, Western Australia/ August 21, 2024/Perseus Mining Limited (ASX/TSX:PRU) (Perseus or the Company) is pleased to announce that on August 20, 2024, the Company entered into an agreement with BMO Nesbitt Burns Inc. (BMO), pursuant to which Perseus agreed to sell 33,000,000 common shares (Common Shares) in the capital of TSX-V listed gold explorer and aspiring developer Montage Gold Corp. (Montage) (CVE:MAU) to BMO at a price of C$1.86 per Common Share (the Montage Share Sale). The Montage Share Sale was executed by way of a bought deal to realise net proceeds of C$61.38 million (US$45.0 million). Perseus acquired the shares in Montage when it acquired Orca Gold Inc. (Orca) in May 2022. Orca’s principal asset was a 70% interest in the Block 14 Gold Project (since renamed Meyas...

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