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Coinbase top officials made $1.2 billion from COIN shares sale: WSJ

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Janco 2021 Audited Annual Results: Profit Attributable to Shareholders Surges by 54.5% to HK$17.3 million

HONG KONG, Apr 25, 2022 - (ACN Newswire) - Janco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a one-stop freight forwarding and...

ETH Rejected At Critical Resistance, Where is the Next Support Below $3K? (Ethereum Price Analysis)

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What triggered AVAX’s recent 10% correction and its significance in the near-term

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionAvalanche, facing the brunt of the bears, has noted an almost 11% drop in the last 24 hours. Although, the altcoin has been losing more than other coins for more than a week now. It took a break to post one green candle when the news of Terra choosing Avalanche for backing UST came out. […]

Terra, STEPN, Waves Price Analysis: 09 April

Terra, STEPN, Waves Price Analysis: 09 AprilBitcoin slipped beneath the $44k area and retested it as an area of supply the previous day, and there was selling seen across the crypto market. Terra and STEPN have been on a downtrend on the lower timeframes, while Waves has seen a severe drop that erased a significant chunk of the gains of the […]
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The Best Ethereum Classic Casinos And Gambling Sites

Ethereum Classic gambling is becoming more popular due to it having significantly lower fees than its cousin, Ethereum. Here are our top casino picks for gambling with Ethereum Classic.

The post The Best Ethereum Classic Casinos And Gambling Sites appeared first on BitcoinChaser.

SEMK (2250.HK) Announces 2021 Adjusted Net Profit Increases by Nearly 30% to HK$77 million, Becomes the Largest Domestic Character IP Company In China

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HONG KONG, Mar 30, 2022 - (ACN Newswire) - SEMK Holdings International Limited ("SEMK", together with its subsidiaries, the "Group", stock code: 2250.HK), the largest domestic character Intellectual Property (IP) company* engaged in the provision of licensing services, design consultation services and retail of licensed brand products of its self-created B.Duck family characters, announced today the first annual results after its listing on the Main Board of The Stock Exchange of Hong Kong Limited on 17 January 2022.

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Mr. Eddie Hui, Chairman and Chief Executive Officer of SEMK.

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Together with its licensee, MADworld, SEMK launched its first drop of B. Duck NFT - 4,000 unique and original design 3D B.Duck NFTs as collectibles and potential future gaming celebrities.

Despite the unprecedented challenges due to the COVID-19 pandemic (the "Pandemic"), SEMK's business remains resilient. The Group's total revenue for the year ended 31 December 2021 ("FY2021" or the "Year") was approximately HK$290.0 million (FY2020: HK$233.5 million), representing a year-on-year growth of 24.2%. Excluding listing-expenses, the adjusted net profit for the Year was HK$77.3 million (FY2020: HK$59.8 million), representing a significant increase of 29.1% from the previous year.

The Board has resolved to declare a final dividend of HK$4.8 cents per ordinary share issued for the year ended 31 December 2021.

Mr. Eddie Hui, Chairman and Chief Executive Officer of SEMK, said, "It is an honor for me, for the first time as Chairman of SEMK, to relate to you our first annual results after listing. I am thrilled to announce that SEMK has become the largest domestic character IP company and ranked the fourth among all character IP companies in China, in terms of character licensing revenue in 2021*. It is our mission to be one of the pioneer Chinese character IP to expand in overseas so that can bring happiness and "Playful" lifestyle worldwide and empower soft power in Chinese cultural style. Indeed, the global licensing market is dominated by American and Japanese IPs, more than 60% of global retail sales of licensed goods attributable to North America. China only occupied less than 4% of global retail value of licensed products in 2021, which is not in same pace of global GDP sharing for China, this implies that the licensing market in China is in a very high growth potential. Our historical pace of growth is much faster than the overall growth rate of licensing market in China. Among other top 10 largest licensors in China, B.Duck is the youngest one and has demonstrated its high growth track records in the past years.

The listing of SEMK on the Main Board of the Hong Kong Stock Exchange in early 2022 is undoubtedly an important milestone for us. Looking forward, we will continue to adhere to our product-oriented development strategy, draw on our strong design capabilities and extensive licensees' network to bring more high-quality products to our fans."

Resilient Business Performance
The Group are principally engaged in two major businesses - character licensing business, as well as e-commerce and other business.

Character Licensing Business
The Group's character licensing business can be broadly divided into five service types, namely (i) merchandise licensing; (ii) location-based entertainment ("LBE") licensing; (iii) content and media licensing; (iv) promotion licensing; and (v) design consultation, which are interrelated and complementary to each other, with each of them being provided on a single, multi-service or integrated basis.

The Group's revenue from character licensing business increased by 69.9% to HK$166.6 million during the Year (FY2020: HK$98.0 million), mainly driven by the increase in excess royalties charged from the Group's licencees as a result of their increased sales of goods or services featuring the Group's IP characters. This segment accounted for 57.4% of the Group's total revenue in FY2021. The number of licencees (exclusive of licensing agents) the Group had increased to 385 as at the end of FY2021 (FY2020: 315).

E-commerce and Other Business
The Group' s e-commerce and other business mainly involve the sale of B.Duck family characters-featured products on e-commerce platforms of third parties and through offline sales channels. Seeing the potential synergies to be generated from the character licensing business, the Group began to explore the possibility of designing and selling its own products on e-commerce platforms. In 2015, SEMK launched its first online flagship store on Tmall, a well-known business to customer online shopping platform in China.

Following the success in the opening of such flagship store, the Group subsequently expanded onto other e-commerce platforms, such as JD.com, VIP.com and HKTVmall, to offer its products and allow customers to pay online with products directly shipped to the customers. During the Year, revenue from e-commerce and other business was approximately HK$123.4 million.

Launch of B. Duck NFTs and MOU with MADworld
With robust design capabilities and creativity, over the decades, the Group was able to ride on its self-create characters to launch various kind of licensed products in order to cope with changing consumption habits of B.Duck's fans. Recently, SEMK deployed a globalized business blueprint with an NFT "Non-fungible token" market. Joining hands with MADworld, the launch of B.Duck NFTs was a three-part series. The first drop, which was already launched, included 4,000 unique and original design 3D B.Duck NFTs as collectibles and potential future gaming celebrities. It was well received by the market and was sold out in 5 hours during the public session.

To facilitate strategic moves in this field in the future, SEMK has also entered into a memorandum of understanding (the "MOU") with MADworld Advisory Limited ("MADworld"), which specializes in development of licensed or licensable IPs into NFTs and other digital creatives, and marketing and offering to sell the same on platforms to be developed and/or accessed by such company. Pursuant to the MOU, SEMK and MADworld shall within two (2) months from the date of the MOU, enter into a joint venture agreement to establish a joint venture entity intended to be principally engaged in, amongst others, development of artworks and IPs owned by the Group into NFTs

Mr. Eddie Hui, Chairman and Chief Executive Officer of SEMK, concluded, "2021 was a peculiar year for us. Against the backdrop of the pandemic, thanks to the robust commitment of our team in delivering the strategic plans, we managed to sustain a resilient performance albeit the market challenges. The opportunities presented by the pandemic prompted us to make sufficient progress in online commercial operations, product flexibility, and B.Duck community online and offline digitalization integration.

Looking forward, through our strong fan base and coverage on social media-and e-commerce platforms, we will continue to accelerate the development of our product design capabilities in different territory, so as to expand to different variety licensing categories, including but not limited to LBE and digital assets projects. We will also proactively look for opportunities of strategic partnerships, alliances and acquisitions to facilitate sustainable business development."

About SEMK Holdings International Limited
SEMK Holdings International Limited (stock code: 2250.HK) is the largest domestic character IP company engaged in the provision of licensing services, design consultation services and retail of brand products of its self-created B.Duck family characters.

With strong in-house artistic design capabilities, SEMK has developed and nurtured a proprietary portfolio of approximately 26 self-created characters created under the motto of "Be Playful". As at 31 December 2021, B.Duck family characters had recorded in aggregate more than 10.5 million subscriptions or follows by B.Duck fans on various e-commerce platforms and social networking platforms, with in aggregate, over 740 million views of various types of content in relation to the elements of B.Duck family characters along with our "Be playful" motto.

Media Enquiries:
Strategic Financial Relations Limited
Heidi So Tel: (852) 2864 4826 Email: heidi.so@sprg.com.hk
Rachel Ko Tel: (852) 2114 2370 Email: rachel.ko@sprg.com.hk
Ivy Chan Tel: (852) 2864 4890 Email: ivy.chan@sprg.com.hk
Website: www.sprg.com.hk


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comSEMK Holdings International Limited ("SEMK", together with its subsidiaries, the "Group", stock code: 2250.HK), the largest domestic character Intellectual Property (IP) company* engaged in the provision of licensing services

Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionThe total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and ETH Products Lag Behind According […]

Janco Holdings Announces 2021 Annual Results

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HONG KONG, Mar 27, 2022 - (ACN Newswire) - Janco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a well-established freight forwarding and logistics one-stop service provider founded and based in Hong Kong with a strategic focus on Asia, announced its 2021 unaudited* preliminary annual results for the year ended 31 December 2021. The Group reported profit attributable to shareholders of HK$17.4 million, representing a year-on-year surge of 55.4%.

The Group predominately generates revenue from freight forwarding services, logistics services and e-commerce and fulfillment services. With the growth in revenue from ocean freight forwarding and e-commerce fulfillment services, the Group's total revenue amounted to approximately HK$566 million, representing a year-on-year increase of 16.1%. Furthermore, gross profit increased by 17.8% to approximately HK$76.2 million during the year.

Due to a rebound of the shipment volume to normal after a significant drop due to COVID-19 during the previous year, revenue from the ocean freight forwarding services has increased by approximately HK$34.3 million. Revenue from e-commerce fulfillment services increased by approximately HK$77.4 million, which was mainly attributable to an increase in orders placed by both new and existing customers during this year. However, this growth was partially offset by a decline in air freight forwarding services, ancillary logistics services and e-commerce trading services.

The increase in gross profit was mainly attributable to the increase in e-commerce courier services income which outweighed the increase in e-commerce courier services costs and the decrease in warehouse direct costs which outweighed the decrease in logistics service income.

The emerging technology and innovation applications have taken the Logistics Industry to ever challenging advances. The Group has taken steps in different stages developing appropriate products and services currently and for the near future, including 8035 Tennichi Active Water for civilian hygiene and combating COVID-19, the Group invested in a proprietary conversion and packaging facilities to cater for the marketing and sales of 8035 Tennichi Active Water, which is already available in the market from spring 2022, and creating revenues to the Group. For Cold Chain Logistics which is a high-end reliable temperature and environmental controlled movement and storage for pharmaceutical, comestible, and beauty care products, the solution and demand are hugely sought after, whereas the Group has started procuring the required technology. As for Fintech Logistics, the Group has committed to establish a Logistical Funding Resources to be able to attach into new era of products, and to be prepared for big data solutions, artificial intelligence applications and blockchain composites.

While being ready for the above, the Group is investing huge effort in further developing and securing a higher market share in the e-Commerce and Fulfilment Services division, where the Group sees solid positive growth. Complementing the Logistics and Warehousing Services, the Group is always looking for investments into appropriate logistic hubs for the purpose. The Group is also constantly improving the selection of solutions, to cater for different needs, while improving efficiency and customer satisfaction ratings. Constant improvement and market attention will bring the Group to capture opportunities arising from cross border e-Commerce traffic from China and overseas; and this would be the cornerstone to build the Group being the major Logistics Services Provider in the region.

As a responsible corporate citizen, the Group have been accommodating the authority's initiatives in helping out COVID-19-stricken Hongkongers. A strong testimony to their reliability and capabilities, Janco's fulfilment team has made possible dynamic provisioning efforts and home deliveries at short notice or lead time.

Other than the above, Mr. Po Kam Hi John and Mr. Tsang Zee Ho Paul have been appointed as non-executive Directors with effect from 15 March 2022.

* Due to the escalation of the COVID-19 pandemic and the interruptions arising from both the quarantine and/or work from home arrangements occurred in recent months, additional time is required for the Company and the Auditor to complete their review and audit of the financial information of the Group. Following completion of the auditing process by the Auditor, the Company expects to issue further announcement(s) in relation to, among other matters, the audited consolidated financial results of the Group for the Year.

About Janco Holdings Limited (Stock code: 8035)
Established in 1990, Janco Holdings Limited is a Hong Kong-based 3PL company that principally engages in freight forwarding and the provision of one-stop logistics services. The Company has become a global freight forwarder, providing innovative and technology-driven end-to-end solutions consistent with being an integrated logistics specialist. Its business covers five segments, including cross-border e-commerce logistics solutions, freight forwarding, contract logistics, pharmaceutical and healthcare, and express. In addition, the Company is able to offer a truly global logistics network to customers. For details, please visit: www.jancofreight.com



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comJanco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a well-established freight forwarding and logistics one-stop service provider founded and based in Hong Kong with a strategic focus on Asia, announced its 2021 unaudited* preliminary annual results for the year ended 31 December 2021.

Ripple Striving to Hit $0.9 levels, Will XRP Price Hit $1 Before the Close of Q1 Trade?

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The post Ripple Striving to Hit $0.9 levels, Will XRP Price Hit $1 Before the Close of Q1 Trade? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

XRP price earlier followed a substantial uptrend through ever since it managed to spike in the past couple of days. However, the asset consolidated for a while and currently shed most of its gains but quickly shed a huge amount of its value, yet sustains above $0.8. while the bears have capitulated the market, the …

BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE

This week Bitcoin (BTC) and choose altcoins broke above their quick resistance ranges and moved increased, which propelled the whole crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders the place he mentioned that the Russia-Ukraine […]

The post BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE appeared first on Bitcoin Upload.

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