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<IPO>Xiao Noodles Clears HK Listing Hearing; Interim Adj. NP Up 1.3x
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Xiao Noodles passed the listing hearing with the Hong Kong Stock Exchange and is anticipated to launch its public offering in Hong Kong soon. The company had reportedly initiated a roadshow for its Hong Kong IPO, aiming to raise up to USD200 million. In the first half of this year, Xiao Noodles recorded revenue of approximately RMB703 million, up nearly 33.8% YoY. The profit during the period soared 95.8% YoY to RMB41.834 million. Under non-IFRS, Xiao Noodles' adjusted net profit reached RMB52.175 million, up 131.6% YoY. AASTOCKS Financial News Website: www.aastocks.com |
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