Introducing Presento: Transforming Data Visualization in PowerPoint

COPENHAGEN, Mar 19, 2024 – (ACN Newswire) – OfficeReports, renowned for its integration with Microsoft Excel and PowerPoint, proudly presents Presento. This cutting-edge software redefines data visualization in Microsoft PowerPoint, enabling users to effortlessly create stunning, data-driven presentations.

Presento in PowerPoint Screenshot

Presento in PowerPoint Screenshot

The Presento Ribbon tab and the Workbook Pane showing the attached Excel Workbook inside Powerpoint

Presento is a spin-off of OfficeReports, which has been trusted by professionals for years to streamline market research data reporting in Excel and PowerPoint. Drawing on this wealth of experience in creating software for PowerPoint, Presento takes data visualization to the next level.

This groundbreaking tool seamlessly bridges the gap between Excel workbooks and PowerPoint slides, simplifying the process of integrating data into presentations. With its AI Assistant, Presento enables users to effortlessly generate, rephrase, or create text by analyzing selected tables or charts, ensuring that data-driven presentations are not only informative but also captivating. Look at the image and see how Presento makes the workbook appear inside PowerPoint in the ‘Workbook Pane’:

Key Features of Presento:

Seamless Workbook Integration: Easily link Excel data from the ‘Workbook Pane’ to PowerPoint shapes, tables, and charts.

Enhanced Visualizations: Explore a wide range of chart types, including rotated line chart, diverging bar chart or quadrant chart, and infographics like gauge charts and sliders, which can be very difficult to create manually in PowerPoint.

Data Updates: Keep presentations current with a simple click to get the presentation updated with the latest data.

Preserve PowerPoint: Your resulting presentation retains its native PowerPoint format everybody can use.

AI Assistant: effortlessly generate, rephrase, or create text by analyzing selected tables or charts.

“Presento is a game-changer for data-driven presentations,” said Torben Laustsen, CEO of OfficeReports. “We believe it will empower professionals to transform data into compelling stories.”

Presento is available in three editions: Free, Pro, and Premium, each tailored to the unique needs of data-driven presenters. The Free edition offers essential features, while the Pro and Premium editions unlock advanced functionalities and support.

For more information about Presento, please visit https://www.officereports.com/powerpoint-data-visualization/

Contact Information
Torben Laustsen
CEO
tl@officereports.com
+45 22146460

Fred Balkenende
CTO
fb@officereports.com

Related Video

https://vimeo.com/914800886

SOURCE: OfficeReports ApS

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View the original press release on newswire.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Litum Named to Fast Company’s 2024 List for World’s Most Innovative Companies

Houston, TX, Mar 19, 2024 – (ACN Newswire) – Litum, a global leader in Real-Time Location Systems (RTLS), has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024. This recognition places Litum among innovators such as Nvidia, YouTube, and OpenAI, showcasing its notable impact and leadership in location technologies.

Litum Named Among Fast Company's World's Most Innovative Companies of 2024Litum Named Among Fast Company’s World’s Most Innovative Companies of 2024

Litum named to Fast Company’s World’s Most Innovative Companies 2024 list, joining the ranks of Nvidia, YouTube, OpenAI, and more

Litum has distinguished itself as number 8 in the Business Services category on Fast Company’s Most Innovative Companies of 2024 list. The list, renowned for identifying organizations that are making remarkable strides in transforming industries and influencing society, underscores Litum’s impactful presence in location technology and the wider IoT domain. With innovations that transcend traditional boundaries, Litum has set new benchmarks in enhancing safety, efficiency, and productivity across industrial and healthcare environments.

A key driver of Litum’s recognition on the MIC list has been the impact of its forklift solutions in industrial settings, significantly improving safety and efficiency in manufacturing, warehousing, and supply chain industries. Litum’s pioneering work in forklift productivity has also played a crucial role in this acclaim, demonstrating its role in optimizing industrial spaces and enabling business continuity and success.

“This year we are celebrating 20 years of growth and innovation, and this recognition comes at the perfect time. Our work in location services technologies is now setting industry standards, making jobs safer and businesses more efficient,” shared Ozgur Ulku, Co-Founder and CEO of Litum. “Being recognized by Fast Company shows that our efforts matter. We will continue to build technology that makes people’s lives around the world better every day. “

Contact Information
Dilge Imer
Marketing Communications Lead
media@litum.com

SOURCE: Litum

.

View the original press release on newswire.com.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

WonderFi Announces Expansion into Australia

  • WonderFi will be live in Australia in Q2 2024 through its first international acquisition
  • Australia boasts the highest rate of cryptocurrency adoption among developed nations, standing at 23%

Toronto, Ontario–(ACN Newswire – March 19, 2024) – WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (the “Company” or “WonderFi”), a leading operator of regulated Canadian crypto trading platforms, today announced they have reached an agreement to purchase FX Institutions Pty. Ltd. (“FXI”) in a non-dilutive transaction, subject to regulatory approval. FXI is registered in Australia to offer crypto trading and payment remittances within the region.

WonderFi is a recognized consolidator in the crypto industry, and wholly owns and operates two of Canada’s largest regulated crypto trading platforms, Bitbuy and Coinsquare, as well as its global crypto payments business, SmartPay.

After successfully acquiring and consolidating the clients of five of the eleven registered crypto trading platforms in Canada, WonderFi continues to validate the Company’s strategy of attracting trading volume, staking activity and total client assets to its crypto trading platforms.

WonderFi, through FXI, will launch over-the-counter (OTC) trading services in Australia in Q2 2024, with plans to roll out a comprehensive suite of offerings for retail and institutional traders in Q3 2024.

Tim Lo, recently appointed as Head of Sales in the Asia-Pacific (APAC) region, will spearhead the go-to-market strategy in Australia. Mr.Lo brings a wealth of expertise from both the crypto and traditional finance sectors, having held positions at institutions such as Deutsche Bank, HSBC, BTIG, and TPS Capital.

“WonderFi is pleased to announce our upcoming launch of a regulated crypto trading offering for Australian investors. With its high cryptocurrency adoption rates and vibrant digital asset community, the Australian market has tremendous potential for WonderFi. Our established track record and extensive experience growing two of the largest regulated crypto platforms in Canada, including obtaining registration for two of our businesses to offer crypto-staking, provides a solid foundation for international expansion,” said WonderFi President & CEO, Dean Skurka.

The Company’s OTC crypto desk in Canada offers large trade execution with a $50,000 minimum for Bitcoin, Ethereum and other digital assets, in addition to white glove service, no deposit or withdrawal fees, same-day fiat currency funding, and institutional grade security. WonderFi crypto trading platforms have facilitated over $7B of OTC transactional volume.

As of 2023, Australia boasted the highest rate of cryptocurrency adoption among developed nations, standing at 23%, and ranked 8th globally in terms of crypto adoption, according to Statista. This compares to an estimated 16% in the United States and 12% in the UK.

In connection with the Transaction, WonderFi engaged Clyde & Co. as its legal advisor.

For further information regarding WonderFi’s Australia launch please visit www.wonder.fi/australia.

ABOUT WONDERFI

WonderFi owns and operates Bitbuy and Coinsquare, two leading domestic crypto platforms with strongholds in the Canadian market; WonderFi operates Internationally through its expansion in Australia, as well as through Smartpay, its global crypto payments platform.

With a collective user base of over 1.6 Million registered Canadians and a combined assets under custody exceeding $1.5 Billion, WonderFi serves one of the largest crypto investor communities in Canada.

For more information, visit www.wonder.fi.

Additional Information

For additional information, please contact:

Media / Investor Relations
Charlie Aikenhead
Invest@wonder.fi

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the beliefs of WonderFi Technologies Inc. (“WonderFi” or the “Company”) regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such “could”, “intend”, “expect”, “believe”, “will”, “projected”, “planned”, “estimated”, “soon”, “potential”, “anticipate” or variations of such words.

In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: the inability of the Company to meet its expected revenue targets and revenue growth of SmartPay, each of which may be subject to market conditions and regulatory or other approvals which may be required in connection therewith; the inability to maintain current levels of user growth due to competition and cyclical market conditions; the inability of the Company to work effectively with strategic investors and partners, and any changes to key personnel; security and cybersecurity threats and hacks; internet and power disruptions; uncertainty about the acceptance or widespread use of digital assets; failure to anticipate technology innovations; and material adverse changes in general economic, business and political conditions, including changes in the financial markets and compliance with extensive government regulation. These risks are not intended to represent a complete list of the factors that could affect the Company. A more fulsome description of risk factors that may impact business, financial condition and results of operation with respect to WonderFi is set out in its management’s discussion and analysis and financial statements for the period ended March 31, 2023, as well as its annual information form and the joint management circular of WonderFi, Coinsquare and CoinSmart in respect of the Acquisition, available on its SEDAR+ profile at https://www.sedarplus.ca.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

The company has provided an updated outlook for the purpose of presenting information about current expectations for the periods presented. This information may not be appropriate for other purposes. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release.

The Toronto Stock Exchange has not approved or disapproved of the information contained in this release. Except as may be required by applicable law, WonderFi disclaims any obligation to update or revise any forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/202214



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Debut on the Global Sports Stage, Tianyun International Joining Jianlibao to be the joint sponsors and official partners of the “2024 Checkered Flag Music Carnival” of Formula 1 Chinese Grand Prix 2024

HONG KONG, Mar 19, 2024 – (ACN Newswire) – Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”) (Stock code: 6836.HK), a leading seller and manufacturer of processed fruits products and specialty beverages in China, is pleased to announce that, the Group and Jianlibao Group (“Jianlibao”) will be the joint sponsors of the “2024 Checkered Flag Music Carnival” of Formula 1 Chinese Grand Prix 2024.

Formula 1 Chinese Grand Prix 2024 will be held at the Shanghai International Circuit from 19 to 21 April 2024. This year marks the 20th anniversary of the Formula 1 Chinese Grand Prix and a great comeback to China after 5-year absence of Formula 1. More importantly, Zhou Guanyu, the first Chinese driver to compete in Formula 1, will officially participate in the race in Formula 1 in Shanghai. For the three-day auto racing, there will be a music carnival, with numerous distinguished guests invited, to be held at the Shuijing Square in the Shanghai International Circuit. Tianyun International and Jianlibao together with other international well-known brands will all be exhibiting their best selling products, offering the audiences with visual, audio and taste enjoyments and celebrating such international sports event with each other.

Mr. Yeung Wan Yiu, Vice Chairman and Executive Director of the Group commented, “We are extremely proud to be the sponsor and an official partner of the F1 event. This marks not only an iconic moment but also the fruitful result of our long-term commitment to brand building and international expansion strategy. The joint sponsorship will highlight the brand image of both Tianyun International and Jianlibao through live interactive activities, domestic and international media promotion and putting billboards throughout Shanghai city. Such event is believed to significantly enhance the corporate value of the Group and the sales volume of its products as well as create competitive advantages. Meanwhile, the collaboration acknowledges our team’s efforts and innovative spirit, serving as strong motivation for us to continue moving forward. We believe that partnering with a world-class platform like F1 will not only enable our brand and products to reach a global audience but also present us with new opportunities to engage and cooperate with customers worldwide. Together with Jianlibao, we aim to create a premier Chinese sports beverage industry. We eagerly anticipate the fresh perspectives and experiences gained from participating in this event, and our team is fully committed to delivering an exceptional and unforgettable experience for F1 and its global fan base.”

Mr. Yang Ziyuan, Chairman and CEO of the Group said, “We are honored to have the logos of both Tianyun International and Jianlibao displayed at international F1 events, marking an important milestone as our Group ventures into the international sports arena for the first time. As one of the world’s top automotive events, F1 is renowned for its fierce competition, advanced technology, and eye-catching racing cars. The strong partnership between Tianyun International and Jianlibao in sponsoring prestigious international competitions adds more excitement to the F1 events, providing a richer experience for racing enthusiasts and consumers, while leading a new trend in sports beverage products. Looking ahead, the two brands will continue to strengthen the cooperation in terms of, among others, product promotion, market expansion and branding with an aim to generate synergies, expand market impact and achieve win-win outcomes.”

About Guangdong Jianlibao Co., Ltd.

Guangdong Jianlibao Co., Ltd. is a joint stock limited company established and currently operating in the People’s Republic of China (hereinafter referred to as “Jianlibao”). It is headquartered in Foshan City, China, specifically at the Sanshui International Water Capital Beverage and Food Base. Jianlibao has gained recognition as a renowned enterprise in China with the prestigious title of being a famous brand within the country. It primarily operates within the beverage production and sales industry while also engaging in plastic container manufacturing along with other associated fields. Its extensive sales network spans across more than 30 provinces in China, supported by four beverage production plants capable of manufacturing sports drinks, carbonated drinks, tea drinks, juice drinks, functional beverages, etc. The company boasts several well-known brands including Jianlibao itself along with 5th Quarter, Micro Bubble Water, Love Sports, Super Energy,and Explosive Fruit Soda. Notably, the core brand “Jianlibao” was introduced as China’s first sports drink containing electrolytes back in 1984 when it served as the preferred choice for athletes representing Chinese sports delegation during their participation at the 23rd Olympic Games held in Los Angeles,U.S.A.. It is recognized by the Chinese government as the first batch of “China’s Well-known Trademark” and known as the “Father of Chinese national drinks”, gaining international acclaim from foreign media who described it as “China magic water”. “Sanshui Jianlibao Star”, the world’s first astronomical planet named after a company, has been recorded in history, hanging high in the sky.

About Tianyun International Holding Limited (Stock Code: 6836.HK)

Tianyun International Holdings Limited (the “Company”) and its subsidiaries (collectively referred to as the “Group”) are principally engaged in (i) the research and development, production and sales of processed fruit packaged in metal containers, plastic cups, glass containers and aluminum foil bags and beverages and (ii) trading of fresh fruit. Processed fruit products are sold both under its own brands “Bingo Times”, “fruit zz” and “Tiantong Times” and on an OEM basis. The beverages are sold under its own brand “Shiok Party” and “Demon Fruit Season”.

The Group has been consistently committed to providing its customers with healthy and safe products. As a food enterprise with one of the most complete quality certifications, we rigorously adhere to stringent international production standards and are accredited with BRC (A), IFS Food (High), FDA, HALAL, SC, KOSHER, ISO9001, ISO45001, ISO14001,SMETA and CQM, in respect of our production facilities, quality control and management. The Group has also passed the internal food production standards reviews and audits from several UK and US supermarket chains. At the same time, as a Chinese “Equal production line; Equal standard; Equal quality” food production and export enterprise, the Group has been supplying products of consistent quality to domestic and international markets.

The Group was awarded China’s Most Promising Listed Companies by internationally renowned financial magazine Forbes, and the “2017 Linyi Mayor Quality Award” by the PRC government in 2017. The Group’s new and proprietary researched, developed and produced pure fruit snack food received a national “Certificate of Invention Patent” in 2018. In 2019 and 2022, the Group was awarded the national Hi-tech Enterprise Certificate for consecutive four years. In 2020, the Group was also recognised as one of the Most Valuable Chinese Brands for the fourth consecutive year. In 2023, the Chairman and CEO of the Group was selected as one of the “2023 Top 30 ESG Entrepreneurs in the Greater Bay Area” by Forbes China.

For more information, please visit www.tianyuninternational.com



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CALC Announces 2023 Annual Results

HONG KONG, Mar 19, 2024 – (ACN Newswire) – China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”, together with its subsidiaries, the “Group”; SEHK stock code: 01848), a full value chain aircraft solutions provider for the global aviation industry, is pleased to announce its annual results for the year ended 31 December 2023 (the “Review Year”).

Results Highlights

— Steady revenue growth For the Review Year, the Group’s total revenue amounted to HK$4,763.7 million, up 14.2% year-on-year. (2022:HK$4,171.0 million).

— Adj. profit attributable to shareholders surged by four times Profit attributable to shareholders of the Company for the Review Year was HK$28.3million. If exceptional item was excluded, adjusted profit attributable to shareholders(1) of the Company for the Review Year should have reached HK$184.9 million, significantly grew by four times year-on-year.

— The Board has recommended payment of a final dividend of HK$0.15 per ordinary share. Together with the 2023 interim dividend of HK$0.15 per share already paid, total dividend payout for the year 2023 amounted to HK$0.30 (2022: HK$0.30 per share). The Company has resumed its scrip dividend scheme for the final dividend for 2023.

— Enlarged and optimized global presence with excellent rental collection ratio During the Review Year, the Group has extended its footprint to the Central Asian, African and Oceania market. Among all the new deliveries, 13 aircraft were leased to overseas airlines and 8 were leased to Chinese airlines, including cooperation with 6 first-tier airlines in new aircraft leasing for the first time. The Group’s rental collection ratio was 101.4% benefiting from an overall improvement for its customer profile.

— Smooth overseas operation of the Group’s ARJ21 fleet The Indonesian carrier TransNusa (“TransNusa”) as the Group’s associate company completed its debut commercial flight for its first ARJ21, received its second ARJ21 jet and launched multiple popular routes with total passengers carried exceeding 100,000 for the whole year.

— Developing green financing During the Review Year, the Group’s total new financing facilities obtained amounted to HK$24 billion. The Group launched the first sustainability-linked aircraft pre-delivery payment (“PDP”) syndicated loan in the global aircraft leasing industry; issued the first and second trenches of low-carbon transition corporate bonds of RMB1.5 billion and RMB500 million, respectively in 2023.

Business Review

Prudent fleet management, enlarged and optimized global clientele

— During the Review Year, the Group delivered a total of 21 new aircraft to airline customers, with a majority of new-generation fuel-efficient models, including its first two B737 Max aircraft taken from Boeing. The Group also injected one aircraft to its investment vehicle and sold a total of fouraircraft to third party.

— As at 31 December 2023,CALC’s fleet has increased to 192 aircraft,including 165 owned and 27 managed aircraft. By number of aircraft, 90% of the Group’s owned fleet were narrow-body models, a highly liquid asset class.

— During the Review Year, CALC celebrated the 10th anniversary of its cooperation with the long- term strategic partner Airbus. CALC is the 6th largest lessor customer for Airbus in terms of accumulated orders. As at 31 December 2023, the Group had a total of 141 aircraft on backlog, including 113 Airbus A320NEO and 28 COMAC ARJ21.

— During the Review Year, the Group continued to maintain its leading position in the China market. As at 31 December 2023, by number of aircraft, 71.5% of the Group’s owned fleet were leased to Chinese airline customers (including Hong Kong, Macau and Taiwan), most of which were first-tier airlines with strong financial strength.

— During the Review Year, a total of 34 letters of intent for aircraft leasing was signed with overseas airline customers. Among all the new deliveries during the year, 13 were leased to overseas airlines and 8 were leased to Chinese airlines, including cooperation with 6 first-tier airlines in new aircraft leasing for the first time. As at 31 December 2023, CALC’s owned and managed aircraft were on lease to 41 airlines in 20 countries and regions.

Developing green financing and improving international credit ratings

— During the Review Year, the Group obtained new financing facilities in excess of HK$24 billion, including aircraft project loans, PDP financing, working capital facilities, RMB bonds, etc. As at 31 December 2023, the Group had cash and cash equivalents amounting to HK$5,300 million up 49.1% year-on-year.

— During the Review Year, CALC launched the first sustainability-linked aircraft PDP syndicated loan in the global aircraft leasing industry with an initial size of US$350 million. CALC also completed its first and second tranche of low-carbon transition corporate bonds issuance in 2023 with the amount of RMB1.5 billion and RMB500 million, respectively, demonstrating investors’ full recognition of the Group’s operational strength and its commitment to sustainable operations.

— During the Review Year, the Group took the initiative to manage its liabilities by completing the repurchase of the full valid principal for two outstanding USD bonds around US$50 million. In December 2023, the Group also completed the redemption of the principal amount of US$100 million perpetual bonds.

— During the Review Year, Fitch affirmed CALC’s Long-Term Issuer Default Rating at BB+, while Moody’s affirmed the Company’s Corporate Family Rating at Ba1, both with a stable outlook. China Asset Leasing Company Limited as the Group’s wholly-owned subsidiary received an AAA issuer rating from Dagong Global and an upgrade to AAA rating from CCXI, both with a stable outlook.

— The Group has set upgrading its international credit rating as one of its key development targets at this stage. In the future, the Group will continue to actively expand multiple financing channels and increase its unsecured financing, optimizing its debt structure, moving towards to the international investment grade.

Moving towards a sustainable future

— During the Review Year, the Group continued to promote the healthy development of TransNusa, following the completion of the debut flight of its first ARJ21 aircraft in April, the Group has delivered another ARJ21 aircraft to the carrier. With its successful launch of several popular routes to Bali, Yogyakarta, Kuala Lumpur and Johor Bahru of Malaysia during the year, TransNusa has carried more than 100,000 passengers in total in 2023.

— During the Review Year, the Group was awarded the “Sustainability Debt Deal of the Year” by Airline Economics in recognition of the Company’s pioneering ESG practices by issuing the first- ever low-carbon transition bond in China’s aviation market, reflecting the Group’s commitment to move towards a sustainable future through innovative transactions.

Mr. Mike Poon, Executive Director and CEO of CALC said, “Following several positive adjustments in 2023, the global aviation industry is poised to a new round of growth, driven by strong demand rebound and improved airline profitability, along with enormous development opportunities emerged. At the same time, we believe that the USD interest rate has reached its peak, and the rate cut cycle is expected to start in 2024, which shall help reduce market capital costs and speed up the recovery of the aircraft trading market. In the face of such an accommodative market, CALC will continue to seize business opportunities arising from the rapid recovery of global markets and the trend towards greener aviation, while strengthening its capabilities in providing comprehensive fleet upgrade services.

Mr. Conrad Li, Executive Director and Chief Financial Officer of CALC added, “Additionally, the Group will actively explore market interest in aircraft assets while continue to capitalize on a strong trading market and further enhance our credit profile through continuous optimization of our financial structure. For the coming year, we have full confidence to maintain CALC’s long-term sustainable and favorable growth, striving to become an international investment-grade company yet continuing to explore market opportunities for business expansion, creating better value for our shareholders and investors.”

(1) Figures adjusted by excluding exceptional and non-cash item related to impairment on CAG project to better reflect the company’s performance.

About CALC

China Aircraft Leasing Group Holdings Limited (“CALC”) is a one-stop aircraft full value-chain solutions provider for global airlines. The businesses and subsidiaries of the Group are engaging in two main businesses of new aircraft leasing and aircraft aftermarket services. CALC’s scope of business includes conventional businesses such as aircraft operating leasing, purchase and leaseback, and structured financing, as well as value-added services such as fleet planning, fleet upgrade, aircraft disassembling and component sales. CALC is one of the world’s top 10 aircraft lessors in terms of the combined asset value of fleet and order book, according to ICF International.

CALC is listed on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”) (Stock code: 01848.HK) as the first aircraft leasing company in Asia in July 2014. CALC is currently a MSCI China Small Cap index.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Emperor W&J 2023 Full Year Total Revenue Grows 31%, Net Profit Increases 35%

HONG KONG, Mar 19, 2024 – (ACN Newswire) – Emperor Watch & Jewellery Limited (the “Group” or “Emperor W&J”) (Stock code: 887), a leading retailer of European-made watches and fine jewellery, is pleased to announce its annual results for the year ended 31 December 2023 (the “Year”).

Results Highlights

HK$ million

For the year ended 31 December

Changes

2022

2023

Revenue

3,684

4,823

+ 30.9%

Gross profit

1,177

1,450

+ 23.2%

Adjusted EBITD 1

376

470

+ 25.0%

Net profit

222

299

+ 34.7%

Basic earnings per share

HK3.28 cents

HK4.41 cents

+ 34.5%

Full year dividend per share 2

HK1.00 cent

HK1.32 cents

+ 32.0%

1 Adjusted EBITD represents earnings before interest, tax and depreciation charge on the self-owned flagship store, which reflects the Group’s core operating performance. The Group has fully adopted the HKFRS16, which amortisation of right-of-use assets associated with rental lease agreements were included.

2 Includes interim and final dividends

Boosted by the full resumption of travel and revival of consumption sentiment, the Group’s total revenue grew by 30.9% to HK$4,823.2 million (2022: HK$3,684.3 million) during the Year. Revenues from Hong Kong and mainland China were HK$2,510.0 million (2022: HK$1,652.5 million) and HK$1,372.9 million (2022: HK$1,186.3 million), respectively, accounting for 52.0% (2022: 44.9%) and 28.5% (2022: 32.2%) of the total revenue, respectively. In terms of revenue by product segment, the sales revenues from the watch and jewellery segments were HK$3,480.4 million (2022: HK$3,017.6 million) and HK$1,342.8 million (2022: HK$666.7 million), respectively, accounting for 72.2% (2022: 81.9%) and 27.8% (2022: 18.1%) of the total revenue, respectively.

Gross profit increased by 23.2% to HK$1,450.3 million (2022: HK$1,177.3 million). As a result of the improvement in total revenue, the Group’s net profit increased by 34.7% to HK$299.2 million (2022: HK$222.1 million) during the Year. Basic earnings per share was HK4.41 cents (2022: HK3.28 cents). The Group has recommended the payment of a final dividend of HK0.56 cent (2022: HK0.62 cent) per share. Together with the interim dividend of HK0.76 cent (2022: HK0.38 cent) per share, the total dividends for the full year are HK1.32 cents (2022: HK1.0 cent) per share.

As at 31 December 2023 the Group had a total of 93 stores in Hong Kong, Macau, mainland China, Singapore and Malaysia. During the Year, the Group continued to open jewellery stores and watch stores in Hong Kong and mainland China.

Ms. Cindy Yeung, Chairperson of Emperor W&J, said, “China remains a prominent force in the global economy and an indispensable investment market for investors. Leveraging its brand reputation in China, the Group will continue expanding in the Hong Kong and mainland China markets to seize the ample opportunities. With the ongoing Renminbi fluctuations, it is expected that Chinese consumers will tend to spend within the country and the Group is poised to benefit from it with its established presence in the Hong Kong, Macau and mainland China markets.”

About Emperor Watch & Jewellery Limited

With long establishment history of over 80 years in Hong Kong since 1942, Emperor W&J (887.HK) is a leading retailer principally engages in the sale of European-made internationally renowned watches, and fine jewellery products under its own brand, “Emperor Jewellery”. Through its comprehensive watch dealership, unique marketing campaigns and extensive retail network at prime locations in Hong Kong, Macau, mainland China, Singapore and Malaysia, Emperor W&J established a strong brand image amongst its target customers ranging from middle to high income groups worldwide. In recognition of its efforts in investor relations communications, Emperor W&J was granted with “Best IR Company” (Small Cap) and “Best Investor Presentation Material” (Small cap) in HKIRA Investor Relations Awards 2023 by the Hong Kong Investor Relations Association. For more information, please visit its website: www.EmperorWatchJewellery.com.

 

Investor/Media Enquiries

Anna Luk

Group Investor Relations Director

Tel: +852 2835 6783

Email: annaluk@emperorgroup.com

Janice Au

Group Investor Relations Manager

Tel: +852 2835 6799

Email: janiceau@emperorgroup.com



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

K-pop Boy Band, xikers, K-beauty NACIFIC Body & Hair Ambassador

SEOUL, S.KOREA, Mar 19, 2024 – (ACN Newswire) – NACIFIC, the K-beauty brand, has revealed a new product ‘Black Seagrass Body Series’ release featuring brand new ambassadors xikers for hair & body care products in March.

Additionally, NACIFIC will launch a photocard event starting on the March 22th to celebrate the release of the new body care products and the selection of the boy group xikers as brand models.

The event will be held exclusively through the online NACIFIC official shops (Shopee, Amazon, Lazada, Walmart, etc.). xikers photocards will be given with the purchase of new products Black Seagrass Body Series, Blackhead All-Kill Black Block, and Shower Ball Set.

The newly launched NACIFIC Black Seagrass Body Series features key components derived from pristine deep-sea seaweed and contains 10,000ppm of seawater, effectively nurturing and hydrating dry skin. Comprising Body Scrub Wash (250ml), Body Lotion (250ml), and Body Mist (80ml), the body care product line offers a comprehensive skincare solution.

Hyunjun Roh, CEO of NACIFIC, stated, “xikers were selected as our new models based on their diverse charm, freshness, and vibrant energy, which effectively resonate with the values of our brand, promoting healthy beauty. We believe their image will effectively convey the essence of the brand. With the launch of this xikers photocard event, we anticipate a range of exciting collaborations between xikers and NACIFIC, and sincerely request your continued interest and support.”

Meanwhile, xikers has received a warm reception following their successful comeback with their 3rd mini-album, “HOUSE OF TRICKY: Trial And Error,” released on March 8th.

Media Contact
Brand: NACIFIC
Contact: Global Sales Team
Email: b2c@abillkorea.com 
HK: https://www.hktvmall.com/hktv/zh/main/nacifichk/s/U0005001
SG: https://shopee.sg/nacific.sg
PH: https://shopee.ph/nacificofficial.ph
MY: https://shopee.com.my/nacific.os
TW: https://shopee.tw/nacific_official.tw
MX: https://shopee.com.mx/nacificofficial.mx
TH: https://www.lazada.co.th/shop/nacific-official-store/
BR: https://shopee.com.br/nacificofficial.br

SOURCE: NACIFIC



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Discover BLUETTI AC240 All-Weather Power Solution: Power Beyond Limits, Rain or Shine

SYDNEY, AU, Mar 19, 2024 – (ACN Newswire) – BLUETTI, the pioneer in portable power solutions, will launch another IP65-rated Water Resistant Portable Power Station, the AC240, on April 2nd. This latest offering marks a significant leap forward from its predecessor the AC60, with increased power and faster charging. Designed to thrive in harsh environments, the AC240 is a game-changer for adventurers and emergency responders alike.

IP65-rated Protection Against All Elements

Even in adverse weather conditions, the AC240 ensures that water stays out while the power stays on. It’s impervious to dust and resistant to low-pressure water jets from any angle, thanks to its patented technology and design, including independent air ducts, sealed electronic compartments, double-layer protected ports, and more.

Comprehensive Outdoor Power Solution

At around 72 lbs (33kg), the AC240 conveniently fits into any car trunk for portable power needs. Boasting a formidable 2,400W output, it effortlessly powers a range of devices such as air conditioners, microwaves, heaters, and coffee makers. Its 1,536Wh LFP battery can sustain a 20 cu. ft. fridge (1.2kWh/day) for at least one day.

Featuring multiple outlets, including AC outlets, USB-A, USB-C, and a 12V/30A RV port, the AC240 caters to diverse power needs. Supporting rapid max 2,400W AC charging and compatibility with various solar panels for up to 1,200W solar intake, the AC240 provides constant clean power for self-sustained adventures.

Expandable Power, Uninterrupted Backup

The AC240 is expandable with up to four B210 expansion battery packs, 2,150Wh each, for a combined capacity of 10,136Wh. These packs also double as independent, water-resistant power banks with three DC outputs and various charging options.

Additionally, the AC240 promises an uninterrupted power supply with its responsive UPS function, which detects outages and switches to battery power within just 15 milliseconds-industry-leading speed.

Availability and Pricing of the BLUETTI AC240

The BLUETTI AC240, backed by a 6-year warranty, will be purchasable on BLUETTI’s official website and Amazon store starting April 2nd, with exclusive early bird pricing.

About BLUETT

Committed to a sustainable future, BLUETTI provides affordable green energy storage solutions for both indoor and outdoor use. Through initiatives like the LAAF (Lighting An African Family) program, BLUETTI has empowered over 100,000 African families in off-grid regions. With a dedication to innovation and addressing customer needs, BLUETTI has established itself as a trusted industry leader across more than 100 countries worldwide.

CONTACT:
Bluetti Power Inc
pr@bluetti.com

SOURCE: Bluetti Power Inc.



Copyright 2024 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SAP and NVIDIA to Accelerate Generative AI Adoption Across Enterprise Applications Powering Global Industries

HONG KONG, Mar 19, 2024 – (ACN Newswire) – SAP SE (NYSE: SAP) and NVIDIA (NASDAQ: NVDA) today announced a partnership expansion focused on accelerating enterprise customers’ ability to harness the transformative power of data and generative AI across SAP’s portfolio of cloud solutions and applications.

The companies are collaborating to build and deliver SAP Business AI, including scalable, business-specific generative AI capabilities inside the Joule copilot from SAP and across SAP’s portfolio of cloud solutions and applications – all of which are underpinned by the SAP generative AI hub. The generative AI hub facilitates relevant, reliable and responsible business AI and provides instant access to a broad range of large language models (LLMs).

 As part of SAP’s ongoing initiative to build generative AI directly into the applications that power the world’s businesses, the partnership aims to help customers adopt generative AI capabilities at scale across their organizations. SAP will use NVIDIA’s generative AI foundry service to fine-tune LLMs for domain-specific scenarios and deploy applications with new NVIDIA NIM™ microservices. SAP and NVIDIA plan to make the new integrated capabilities available by the end of 2024.

“Enterprise customers want to leverage state-of-the-art technology that delivers real business value,” said Christian Klein, CEO and Member of the Executive Board of SAP SE. “Strategic technology partnerships, like the one between SAP and NVIDIA, are at the core of our strategy to invest in technology that maximizes the potential and opportunity of AI for business. NVIDIA’s expertise in delivering AI capabilities at scale will help SAP accelerate the pace of transformation and better serve our customers in the cloud.”

“SAP is sitting on a gold mine of enterprise data that can be transformed into custom generative AI agents to help customers automate their businesses,” said Jensen Huang, founder and CEO of NVIDIA. “Together, NVIDIA and SAP will bring custom generative AI to the thousands of enterprises around the world that rely on SAP to power their operations.”

Harnessing Business Data and Generative AI to Advance Customer Insights

SAP and NVIDIA plan to collaborate to integrate generative AI into cloud solutions from SAP, which include the latest release of the SAP Datasphere solution, SAP Business Technology Platform (SAP BTP) and RISE with SAP.

SAP plans to build additional generative AI capabilities within SAP BTP using NVIDIA’s generative AI foundry service, featuring NVIDIA DGX™ Cloud AI supercomputing, NVIDIA AI Enterprise software and NVIDIA AI Foundation models. These new capabilities are designed to be the basis of SAP’s development and deployment of generative AI for customers and is expected to be accessible in the generative AI hub in SAP AI Core and SAP Datasphere.

Additional generative AI initiatives include:

— New capabilities for the Joule copilot: Joule can leverage retrieval-augmented generation (RAG) capabilities built by NVIDIA and SAP, which can be deployed on leading hyperscalers or SAP’s own cloud environments. As a natural-language, generative AI copilot, Joule helps customers unlock the potential in their business by automating time-consuming tasks and quickly analyzing business-critical data to deliver more intelligent, personalized experiences.

— Innovative use cases leveraging SAP S/4HANA Cloud, SAP SuccessFactors and SAP Signavio: SAP and NVIDIA are exploring more than 20 generative AI use cases where the companies can combine assets to simplify and enhance digital transformation. Among these are generative AI features that can automate enterprise resource planning with intelligent invoice matching in SAP S/4HANA Cloud; improve human resources use cases leveraging SAP SuccessFactors; and accelerate new generative AI insights from SAP Signavio to better process business recommendations and optimize SAP’s customer support processes.

— Unifying AI data sources with SAP Datasphere: Built on SAP BTP, SAP Datasphere enables integration and a unified view of semantically rich SAP data with third-party data across the enterprise landscape to help customers adapt faster to market changes and make more efficient and better informed decisions. With SAP Datasphere, customers can confidently access a high-quality data fabric using AI and machine learning (ML) models. To accelerate SAP’s federated machine learning (FedML) capabilities for SAP Datasphere, NVIDIA and SAP are facilitating easier access to data for data scientists and enhancing ML workload performance with the support of NVIDIA accelerated computing platforms and NVIDIA AI Enterprise data science software such as NVIDIA RAPIDS™.

— Using LLMs for the ABAP programming language: To aid developers in creating domain-specific language code, SAP plans to use NVIDIA AI foundry services to assist in fine-tuning LLMs. This will build on SAP’s use of generative AI models to assist developers who use ABAP through the company’s ABAP Cloud model and SAP Cloud Application Programming model.

NVIDIA AI Enterprise Powers Production-Grade Generative AI Across Cloud Solutions from SAP

Once models are ready for deployment in cloud solutions from SAP, SAP plans to use NVIDIA AI Enterprise software, including NVIDIA NIM inference microservices and NVIDIA NeMo Retriever™ microservices. NVIDIA NIM can be used to accelerate and maximize inference performance across the accelerated infrastructure from SAP. Using NVIDIA NeMo Retriever microservices, SAP plans to add RAG capabilities that enable generative AI applications to more securely access data running on SAP software to improve accuracy and insights. Customers can plan to use RAG on both SAP and third-party data.

To learn more about the SAP and NVIDIA partnership, watch the replay of Huang’s GTC keynote address.

About NVIDIA

Since its founding in 1993, NVIDIA (NASDAQ: NVDA) has been a pioneer in accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics, ignited the era of modern AI and is fueling industrial digitalization across markets. NVIDIA is now a full-stack computing infrastructure company with data-center-scale offerings that are reshaping industry. More information at https://nvidianews.nvidia.com/.

About SAP

SAP’s strategy is to help every business run as an intelligent sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 26 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com/hk.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2022 Annual Report on Form 20-F.

© 2024 SAP SE. All rights reserved.

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Raychem RPG achieves significant milestone to facilitate faster execution in electricity distribution projects with its ‘Make India’ initiative

NEW DELHI, Mar 19, 2024 – (ACN Newswire) – Raychem RPG, established in 1989, is a 50:50 joint venture between TE Connectivity, U.S.A., and RPG Enterprises, India. Raychem RPG is the imprint of a successful Indo-US bilateral relationship that has lasted for nearly four decades, the longest of its kind.

Halol plant
Halol plant

Raychem RPG has added another significant feather to its already decorated portfolio, by completing the very stringent, yearlong Pre-Qualification (PQ) test protocols, at Central Power Research Institute (CPRI) for its 245KV cable accessories manufactured in India.

CPRI has now approved its 245 KV, Extra High Voltage Cable Accessories (EHVCA) for usage in India for different projects, which are so far dependent on imports from Europe. This marks a significant milestone and achievement, catapulting Raychem RPG to unprecedented heights within the EHVCA product portfolio.

Raychem RPG is the only organisation among its peers to have received the PQ test report following a rigorous process that took over a year to complete. The bagging of the test report also bears testimony to Raychem RPG’s hitherto unheralded technical and technological prowess in the area and the success of the “Make in India” initiative.

This success will enhance the acceptability of Raychem RPG’s 245kV cable accessories not only in the Indian markets but also in SAARC countries, namely Bangladesh, Nepal, and Srilanka where many infrastructure projects are currently ongoing, and this will significantly help in better project management. The product, belonging to the EHVCA category, is produced in the JV’s Halol plant in Gujarat using world class material. Raychem RPG’s product will now receive widespread acceptance across the country. India will no longer have to rely on imports to meet the growing domestic demand, which was entirely met through imports.

Commenting on the development, Mr Vivek Venkatachalam, CEO of Raychem RPG, said, “With unwavering dedication, we strive to champion the Make in India initiative and actively contribute to advancing our nation’s progress and self-reliance.”

Adding to this Mr. Sankara Raman, Sr. VP – Operations & Technology of Raychem RPG said, “Engineering excellence is not just a goal; it’s a commitment to pushing boundaries and ensuring our product development & testing capabilities reflect the forefront of innovation. At Raychem RPG, we embraced the challenge of EHVCA with unwavering dedication and the recent attainment of the PQ test report for our 245kV cable accessories marks a significant milestone that will undoubtedly propel Raychem RPG to unprecedented heights within the EHVCA product portfolio.”

Mr. Tamal Kanti Saha, Sr. VP and Head – Global Sales & Marketing, Raychem RPG commented, “As we continue in the journey of self-reliance & ‘Make in India’ initiative a success, we stand determined to support all our customers and large infrastructure projects, with our commitment in delivering world-class products with speed, affordability, and unwavering reliability. With comprehensive installation and after-sales services, coupled with manufacturing warranty, we pave the way for faster project execution and unparalleled peace of mind in every infrastructure project in India and SAARC countries wherever EHVCA are currently used through costly imports with long lead time and associated execution challenges.”

Besides Halol, Raychem RPG’s operation facilities are located at Vasai, Chakan, and Naigaon in Maharashtra, India. All the facilities are covered under a multi-site certification to management systems, thus providing the company with one platform to carry out good management practices across locations without diluting the focus of each plant.

About Raychem RPG:

A Joint Venture between TE Connectivity, U.S.A. and RPG Enterprises, India, Raychem RPG has the distinction of being one of the longest, most successful joint ventures in India for nearly four decades. Raychem RPG caters to the infrastructure segment of multiple industries. Its pioneering technologies provide solutions for various businesses in the domestic and global markets. The company caters to segments such as Cable Management & Connection Systems, Asset & Theft Protection Systems, Loss Reduction Systems, Electrical Safety Products, Energy Efficient Transformers, Gas Flow Metering and Manufacturing Processing Outsourcing.

For media inquiries, please contact:

Raychem RPG: Anuneha Sinha, Global Lead – Communications, +91-8879114246, Email address: Anuneha_Sinha@raychemrpg.com

Website: https://www.raychemrpg.com/ 

 



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