Valuation Update With 7 Day Price Move • 6h
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥14.37, the stock trades at a trailing P/E ratio of 53.9x. Average trailing P/E is 30x in the Consumer Durables industry in China. Total returns to shareholders of 37% over the past three years. Announcement • Jun 30
Keeson Technology Corporation Limited to Report First Half, 2026 Results on Aug 27, 2026 Keeson Technology Corporation Limited announced that they will report first half, 2026 results on Aug 27, 2026 Declared Dividend • May 25
Dividend of CN¥0.14 announced Shareholders will receive a dividend of CN¥0.14. Ex-date: 26th May 2026 Payment date: 26th May 2026 Dividend yield will be 0.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥19.30, the stock trades at a trailing P/E ratio of 72.3x. Average trailing P/E is 37x in the Consumer Durables industry in China. Total returns to shareholders of 85% over the past three years. Reported Earnings • Apr 23
Full year 2025 earnings released: EPS: CN¥0.29 (vs CN¥0.44 in FY 2024) Full year 2025 results: EPS: CN¥0.29 (down from CN¥0.44 in FY 2024). Revenue: CN¥3.03b (up 2.4% from FY 2024). Net income: CN¥104.9m (down 33% from FY 2024). Profit margin: 3.5% (down from 5.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Apr 20
Keeson Technology Corporation Limited, Annual General Meeting, May 11, 2026 Keeson Technology Corporation Limited, Annual General Meeting, May 11, 2026, at 14:30 China Standard Time. Location: 10F, Tower A, No. 1508, Xiushui Avenue, Wangjiangjing Town, Xiuzhou District, Jiaxing, Zhejiang China New Risk • Apr 13
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Announcement • Mar 30
Keeson Technology Corporation Limited to Report Q1, 2026 Results on Apr 28, 2026 Keeson Technology Corporation Limited announced that they will report Q1, 2026 results on Apr 28, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥15.84, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Consumer Durables industry in China. Total returns to shareholders of 43% over the past three years. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. Supervisor Guomin Ling was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Dec 26
Keeson Technology Corporation Limited to Report Fiscal Year 2025 Results on Apr 18, 2026 Keeson Technology Corporation Limited announced that they will report fiscal year 2025 results on Apr 18, 2026 Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥19.76, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Consumer Durables industry in China. Total returns to shareholders of 56% over the past three years. Reported Earnings • Oct 25
Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.19 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.19 in 3Q 2024). Revenue: CN¥764.4m (flat on 3Q 2024). Net income: CN¥41.3m (down 37% from 3Q 2024). Profit margin: 5.4% (down from 8.6% in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Keeson Technology Corporation Limited to Report Q3, 2025 Results on Oct 25, 2025 Keeson Technology Corporation Limited announced that they will report Q3, 2025 results on Oct 25, 2025 Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.51, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 18x in the Consumer Durables industry in China. Total returns to shareholders of 47% over the past three years. Reported Earnings • Aug 24
Second quarter 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.11 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.17 (up from CN¥0.11 in 2Q 2024). Revenue: CN¥672.8m (down 4.2% from 2Q 2024). Net income: CN¥61.2m (up 52% from 2Q 2024). Profit margin: 9.1% (up from 5.7% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥15.12, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 19x in the Consumer Durables industry in China. Total returns to shareholders of 27% over the past three years. Announcement • Jun 30
Keeson Technology Corporation Limited to Report First Half, 2025 Results on Aug 23, 2025 Keeson Technology Corporation Limited announced that they will report first half, 2025 results on Aug 23, 2025 New Risk • Jun 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. New Risk • May 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥12.43, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Consumer Durables industry in China. Total returns to shareholders of 9.6% over the past three years. Reported Earnings • Apr 23
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.44 (down from CN¥0.58 in FY 2023). Revenue: CN¥2.96b (down 4.7% from FY 2023). Net income: CN¥156.0m (down 24% from FY 2023). Profit margin: 5.3% (down from 6.6% in FY 2023). Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.7% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Apr 20
Keeson Technology Corporation Limited, Annual General Meeting, May 12, 2025 Keeson Technology Corporation Limited, Annual General Meeting, May 12, 2025, at 14:30 China Standard Time. Location: 5F, No. 179, Xinyue Road, Wangjiangjing Town, Xiuzhou District, Jiaxing, Zhejiang China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to CN¥9.19, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Consumer Durables industry in China. Total loss to shareholders of 27% over the past three years. Announcement • Mar 28
Keeson Technology Corporation Limited to Report Q1, 2025 Results on Apr 29, 2025 Keeson Technology Corporation Limited announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Feb 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 208% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.57, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Consumer Durables industry in China. Total loss to shareholders of 40% over the past three years. Announcement • Dec 27
Keeson Technology Corporation Limited to Report Fiscal Year 2024 Results on Apr 19, 2025 Keeson Technology Corporation Limited announced that they will report fiscal year 2024 results on Apr 19, 2025 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥12.87, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the Consumer Durables industry in China. Total loss to shareholders of 29% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.19 (in line with 3Q 2023). Revenue: CN¥763.7m (down 12% from 3Q 2023). Net income: CN¥66.0m (up 1.8% from 3Q 2023). Profit margin: 8.6% (up from 7.5% in 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Keeson Technology Corporation Limited to Report Q3, 2024 Results on Oct 26, 2024 Keeson Technology Corporation Limited announced that they will report Q3, 2024 results on Oct 26, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥9.19, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Consumer Durables industry in China. Total loss to shareholders of 51% over the past three years. Buy Or Sell Opportunity • Jul 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to CN¥9.10. The fair value is estimated to be CN¥11.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 50% in the next 2 years. Announcement • Jun 28
Keeson Technology Corporation Limited to Report First Half, 2024 Results on Aug 24, 2024 Keeson Technology Corporation Limited announced that they will report first half, 2024 results on Aug 24, 2024 Reported Earnings • Apr 27
First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.07 in 1Q 2023). Revenue: CN¥756.0m (up 8.5% from 1Q 2023). Net income: CN¥44.9m (up 88% from 1Q 2023). Profit margin: 5.9% (up from 3.4% in 1Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Apr 20
Keeson Technology Corporation Limited, Annual General Meeting, May 10, 2024 Keeson Technology Corporation Limited, Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: 5F, No. 179, Xinyue Road, Wangjiangjing Town, Xiuzhou District, Jiaxing, Zhejiang China Reported Earnings • Apr 19
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.58 (up from CN¥0.07 in FY 2022). Revenue: CN¥3.10b (up 17% from FY 2022). Net income: CN¥205.7m (up CN¥180.0m from FY 2022). Profit margin: 6.6% (up from 1.0% in FY 2022). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Mar 29
Keeson Technology Corporation Limited to Report Q1, 2024 Results on Apr 27, 2024 Keeson Technology Corporation Limited announced that they will report Q1, 2024 results on Apr 27, 2024 New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥10.24, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Consumer Durables industry in China. Total loss to shareholders of 30% over the past three years. Announcement • Dec 30
Keeson Technology Corporation Limited to Report Fiscal Year 2023 Results on Apr 19, 2024 Keeson Technology Corporation Limited announced that they will report fiscal year 2023 results on Apr 19, 2024 Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥826.2m (up 20% from 2Q 2022). Net income: CN¥97.9m (up 136% from 2Q 2022). Profit margin: 12% (up from 6.0% in 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Keeson Technology Corporation Limited to Report First Half, 2023 Results on Aug 15, 2023 Keeson Technology Corporation Limited announced that they will report first half, 2023 results on Aug 15, 2023 Reported Earnings • Apr 23
Full year 2022 earnings released: EPS: CN¥0.07 (vs CN¥1.00 in FY 2021) Full year 2022 results: EPS: CN¥0.07 (down from CN¥1.00 in FY 2021). Revenue: CN¥2.66b (down 10% from FY 2021). Net income: CN¥25.6m (down 93% from FY 2021). Profit margin: 1.0% (down from 12% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.20 (vs CN¥0.33 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.33 in 3Q 2021). Revenue: CN¥678.5m (down 20% from 3Q 2021). Net income: CN¥69.1m (down 41% from 3Q 2021). Profit margin: 10% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Durables industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 15% per year. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.17 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.17 in 2Q 2021). Revenue: CN¥689.1m (up 2.2% from 2Q 2021). Net income: CN¥41.5m (down 34% from 2Q 2021). Profit margin: 6.0% (down from 9.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 26%, compared to a 14% growth forecast for the Consumer Durables industry in China. Reported Earnings • May 02
First quarter 2022 earnings: EPS in line with expectations, revenues disappoint First quarter 2022 results: EPS: CN¥0.20 (down from CN¥0.26 in 1Q 2021). Revenue: CN¥744.2m (up 14% from 1Q 2021). Net income: CN¥56.2m (down 22% from 1Q 2021). Profit margin: 7.5% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 21%, compared to a 15% growth forecast for the industry in China. Reported Earnings • Apr 18
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥1.28 (up from CN¥0.98 in FY 2020). Revenue: CN¥2.97b (up 31% from FY 2020). Net income: CN¥357.1m (up 31% from FY 2020). Profit margin: 12% (in line with FY 2020). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 24%, compared to a 14% growth forecast for the industry in China. Reported Earnings • Oct 21
Third quarter 2021 earnings released: EPS CN¥0.42 (vs CN¥0.22 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥850.7m (up 48% from 3Q 2020). Net income: CN¥116.6m (up 89% from 3Q 2020). Profit margin: 14% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥22.41, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Consumer Durables industry in China. Total returns to shareholders of 1.4% over the past year. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.21 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥674.5m (up 42% from 2Q 2020). Net income: CN¥63.0m (up 6.9% from 2Q 2020). Profit margin: 9.3% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. Upcoming Dividend • May 31
Upcoming dividend of CN¥0.50 per share Eligible shareholders must have bought the stock before 07 June 2021. Payment date: 07 June 2021. Trailing yield: 1.9%. Within top quartile of Chinese dividend payers (1.8%). Lower than average of industry peers (2.3%). Reported Earnings • Apr 20
Full year 2020 earnings released: EPS CN¥1.32 (vs CN¥2.41 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥2.26b (down 11% from FY 2019). Net income: CN¥273.4m (down 31% from FY 2019). Profit margin: 12% (down from 16% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Dec 08
New 90-day low: CN¥26.70 The company is down 12% from its price of CN¥30.40 on 09 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period. Is New 90 Day High Low • Nov 18
New 90-day low: CN¥26.72 The company is down 28% from its price of CN¥37.36 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 15% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥28.57 The company is down 12% from its price of CN¥32.41 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥313.5m, down 6.6% from the prior year. Total revenue was CN¥2.16b over the last 12 months, down 11% from the prior year. Announcement • Oct 28
Keeson Technology Corporation Limited to Report Q3, 2020 Results on Oct 30, 2020 Keeson Technology Corporation Limited announced that they will report Q3, 2020 results on Oct 30, 2020 Is New 90 Day High Low • Sep 25
New 90-day low: CN¥29.78 The company is down 7.0% from its price of CN¥32.11 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 14% over the same period. Announcement • Jul 09
Keeson Technology Corporation Limited to Report First Half, 2020 Results on Aug 22, 2020 Keeson Technology Corporation Limited announced that they will report first half, 2020 results on Aug 22, 2020