For the financial year ended 31 March 2024, total sales amounted to US$3,814 million – an increase of 5% compared to the prior year Gross profit totalled US$851 million – an increase of 19% EBITA, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, increased by 56% to US$343 million or 9.0% of sales (compared to 6.0% of …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – Amidst historic breakthroughs in Hong Kong’s financial technology sector, Mr. Leica Cai, co-founder of Evolving Capital, delivered a keynote speech titled “Opportunities of Hong Kong’s Virtual Asset Spot ETFs” at a high-level forum. The forum, co-hosted by King & Wood Mallesons, UWEB, and EmergentX, and supported by OSL, …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – TUMI, the leading international travel, lifestyle and accessories brand, is redefining and reinvigorating travel retail with an expanded and refreshed presence at major international airports throughout Asia. The store openings on May 1, 2024 at South Korea’s Incheon International Airport and Thailand’s Suvarnabhumi Airport precede those at Indonesia’s …

HANOI, VIETNAM – Media OutReach Newswire – 16 May 2024 – VinFast Auto (Nasdaq: VFS) today announced that it received a record-breaking number of 27,649 non-refundable and non-transferable pre-orders for the mini-SUV VF 3 within 66 hours, setting a Vietnamese automotive record, demonstrating the impressive appeal of the VF 3 and its potential to become a “national car” in Vietnam. …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – For the first time, the Australian National University will be organising an official information day in Hong Kong. The Australian National University is a member of the Group of Eight Australia Universities, will be holding an official information day on 19th May 2024 in Cordis Hotel, Mongkok, Hong …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – Aon plc (NYSE: AON), a leading global professional services firm, has announced the results of its 2023 Global Risk Management Survey, which gathered input from nearly 3,000 risk managers, C-suite leaders, treasurers, talent professionals and other executives from 61 countries and territories to identify their most pressing business …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and Sanfield (Management) Limited (“Sanfield”) today announced the launch of pioneering Sustainability-linked Supplier Payment Services (“SPS”) for the Hong Kong construction industry. The SPS program marks a significant milestone in extending environmental, social and governance (“ESG”) initiatives from Sanfield to …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – Oldham, Li & Nie, a leading independent law firm, is pleased to announce that it will be the first Hong Kong law firm to establish a dedicated Elder Law Practice Group. This groundbreaking initiative marks a significant milestone in the legal landscape of the HKSAR. Through its longstanding …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – XTransfer, World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, was invited to join the Hong Kong SAR delegation to visit the Middle East last week. The visit aimed to engage in discussions with local governments and financial institutions, exploring financial cooperation and development between Hong Kong …

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – Environmental NGO Redress announces the 10 Finalist designers of the Redress Design Award 2024, who are now vying for the career-changing First Prize with 2024 Exclusive Fashion Sponsor, Tommy Hilfiger: the opportunity to join the Tommy Hilfiger team and work on a sustainable design project for retail. In …