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Bitcoin World Reserve Currency- Possible, or Probable?

<!-- --> Though fairly new and not even close to reaching its full potential, blockchain technology has already revolutionized the world...

Bukele Slams The US Bill That Targeted His Bitcoin Law

Bukele slams the US bill that targeted his Bitcoin law while the US Senators try to understand the effects that the bill has on the country but also on the US dollar so let’s read more in today’s latest Bitcoin news. The US lawmakers introduced a new bill to examine and to develop a plan […]

How Proof-of-Stake Is Playing A Critical Role In The Blockchain Ecosystem

The Proof-of-Stake (PoS) consensus mechanism has emerged as the most viable solution to Bitcoin and Ethereum’s energy problem. The world’s two most popular blockchains have long been criticized for their enormous power consumption, with one recent study from U.K. financial site MoneySuperMarket estimating that each Bitcoin transaction costs in excess of $100 in terms of [...]

The post How Proof-of-Stake Is Playing A Critical Role In The Blockchain Ecosystem appeared first on Blockonomi.

Deloitte Blockchain Survey: Crypto’s continued development

Pre-COVID, cryptocurrency was nonetheless a comparatively unknown commodity in mainstream circles and to common shoppers. Two years into the pandemic (or post-pandemic, can we are saying???), that has modified completely.   Deloitte’s 2021 international blockchain survey highlights the extent of crypto’s emergence – and this survey was carried out just one 12 months into the pandemic, […]

The post Deloitte Blockchain Survey: Crypto’s continued development appeared first on Bitcoin Upload.

Archway’s Developer Rewards Revolutionize How Value is Shared Across Blockchain Ecosystems

The last few years have witnessed several smart contract platforms launch, with each of those platforms making certain trade-offs around scalability, decentralization, and...

SEC Proposes Sweeping Greenhouse Gas Reporting Rules Which Would Affect Crypto Mining

The U.S. Securities and Exchange Commission (SEC) has proposed new rule changes that would require registrants to provide climate-related disclosures to the SEC. It would also require companies to disclose climate-related risks which would be “reasonably likely” to have a material impact on their business, result of operations, or financial condition. “I am pleased to […]

The post SEC Proposes Sweeping Greenhouse Gas Reporting Rules Which Would Affect Crypto Mining appeared first on Coin Bureau.

Bitcoin Stock-to-Flow (S2F) Model: What You Need to Know

Bitcoin's stock-to-flow (S2F) model is undoubtedly one of the most popular discussion points for the community. In this guide, we go in-depth to find out everything there is to know about it.

How Geothermal Plants Could Unlock Vast Supplies of Lithium in the American West

geothermal energy power plant lithium
Geothermal energy has long been the forgotten member of the clean energy family, overshadowed by relatively cheap solar and wind power, despite its proven potential. But that may soon change, for an unexpected reason. Geothermal technologies are on the verge of unlocking vast quantities of lithium from naturally-occurring hot brines beneath places like California’s Salton […]

Yuga Labs Demos “Otherside,” Bored Ape Yacht Club Metaverse Is Underway?

According to analytics source DappRadar, Bored Ape Yacht Club is one of the largest NFT collections on Ethereum, with a total trading volume of $1.41 billion. Many of the top-selling BAYC artworks are worth more than a million dollars, and their owners involve celebrities such as Jimmy Fallon, Serena Williams, and Paris Hilton. “See You [...]

The post Yuga Labs Demos “Otherside,” Bored Ape Yacht Club Metaverse Is Underway? appeared first on Blockonomi.

Try out Solana and multiply your winnings on 1xBit

The world keeps evolving, and so does the course of adaptation; to accommodate more users, 1xBit now supports Solana as

The post has appeared first on thenewscrypto.com

Kingworld Medicines Group Issues Positive Profit Alert for 2021

HONG KONG, Mar 23, 2022 - (ACN Newswire) - Kingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company for 2021, as compared to RMB11.7 million for 2020.

The positive profit alert was based on preliminary assessment of the unaudited consolidated management accounts of the Group for 2021 and information currently available to the Board. The Board attributes the increase in profit mainly to the market recovering from the COVID-19 pandemic outbreak pushing up the turnover and gross profit of imported branded pharmaceutical and healthcare products distributed in China in 2021 by approximately 45% to 50% and approximately 65% to 70%, respectively, against the previous year. The management of the Company also adopted effective measures against the COVID-19 pandemic outbreak to reduce costs and improve efficiency, thus enhancing the Company's overall competitiveness.

Shenzhen Dong Di Xin Technology Company Limited, Kingworld Medicines' non-wholly owned subsidiary, is a manufacturer producing various medical devices including infrared thermometers. Affected by a drop in sales of anti-Pandemic devices, the company is expected to record an approximately 34% to 39% decrease in profit for 2021 as compared with the previous year.

About Kingworld Medicines Group Limited
Kingworld Medicines (stock code: 01110.HK) has devoted more than 20 years to developing a comprehensive greater health industrial supply chain system. Its business covers over 34 provinces and municipalities in China, and it is among the Top 100 Import Enterprises of Pharmaceutical and Healthcare Products and Top 5 Sales of Imported Chinese Patent Medicine in the country. In-keeping with the new normal of consumption upgrade, it has constructed a complete online and offline new retail ecosystem. Its subsidiary Shenzhen Kingworld Medicines is a reputed distributor of branded pharmaceutical and healthcare products imported from overseas, including Nin Jiom Loquat Herbal Cough Syrup, Taiko Seirogan, Kingworld Imada Red Flower Oil, and Culturelle probiotics from the United States, etc., in the China market.

For further information, please visit https://www.kingworld.com.cn .



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comKingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company for 2021, as compared to RMB11.7 million for 2020.

Microsoft vs. Meta: Who is Leading the Way?

Which tech giant currently has the greater edge?

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