Announcement • Jun 17
Blue River Holdings Limited to Report Fiscal Year 2026 Results on Jun 30, 2026 Blue River Holdings Limited announced that they will report fiscal year 2026 results at 12:30 PM, China Standard Time on Jun 30, 2026 Announcement • Nov 18
Blue River Holdings Limited to Report First Half, 2026 Results on Nov 28, 2025 Blue River Holdings Limited announced that they will report first half, 2026 results on Nov 28, 2025 Announcement • Jun 26
Blue River Holdings Limited, Annual General Meeting, Aug 28, 2025 Blue River Holdings Limited, Annual General Meeting, Aug 28, 2025. Announcement • Jun 20
Blue River Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 March 2025 Blue River Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 March 2025. For the year, the group is expected to record a loss attributable to Shareholders of approximately HKD 175 million for the Year, as compared with a loss attributable to Shareholders of approximately HKD 265 million for the corresponding year in 2024. Such expected reduction in loss for the Year was mainly attributable to the net impact of: (a) net loss from share of results of associates decreased from approximately HKD 231 million for the Year 2024 to approximately HKD 91 million for the Year; (b) decrease in administrative expenses from approximately HKD 107 million for the Year 2024 to approximately HKD 45 million for the Year; (c) no impairment loss reversal on amounts due from the former subsidiaries in liquidation for the Year, as compared with reversal of impairment loss of approximately HKD 31 million for the Year 2024; (d) absence of gain on disposal of subsidiaries for the Year, as compared with gain on disposal of certain loss-making subsidiaries from the Group's ports and logistics business of approximately HKD 59 million for the Year 2024; and (e) no gain on forfeiture of deposit and earnest money received for the Year, as compared with gain on forfeiture of deposit and earnest money received approximately HKD 8 million for the Year 2024. Announcement • Jan 17
Blue River Holdings Limited Announces Resignation of Independent Non-Executive Director and Change in the Composition of Board Committees The board of directors of Blue River Holdings Limited announced that Mr. William Nicholas Giles has tendered his resignation as an independent non-executive director of the Company, the chairman of corporate governance and compliance committee of the Company and the share repurchase committee of the Company, a member of the audit committee of the Company, the remuneration Committee of the Company and the nomination committee of the Company, with effect from 17 January 2025 due to his other business engagements. The Board announces that with effect from 17 January 2025, (a) Mr. Giles has tendered his resignation as the chairman of Corporate Governance and Compliance Committee and the Share Repurchase Committee, a member of the Audit Committee, the Remuneration Committee, and the Nomination Committee; and (b) Ms. Liu Jianyi has been appointed as the chairman of the Corporate Governance and Compliance Committee and the Share Repurchase Committee and a member of the Audit Committee, the Remuneration Committee and the Nomination Committee. Announcement • Nov 27
Blue River Holdings Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended 30 September 2024 Blue River Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the six months ended 30 September 2024. For the period, the group expects to record a loss attributable to Shareholders of approximately HKD 123 million as compared with a loss attributable to Shareholders of approximately HKD 82 million for the corresponding period in 2023. Such expected increase in loss for the Period was mainly attributable to the net impact of: share of results of associates increased from a loss of approximately HKD 36 million for the Period 2023 to a loss of approximately HKD 76 million for the Period; decrease in administrative expenses from approximately HKD 55 million for the Period 2023 to approximately HKD 24 million for the Period; and reversal of impairment loss on amounts due from the former subsidiaries in liquidation of approximately HKD 24 million for the Period 2023 (Period: Nil). Announcement • Nov 18
Blue River Holdings Limited to Report First Half, 2025 Results on Nov 29, 2024 Blue River Holdings Limited announced that they will report first half, 2025 results on Nov 29, 2024 Reported Earnings • Jul 30
Full year 2024 earnings released: HK$0.26 loss per share (vs HK$0.13 loss in FY 2023) Full year 2024 results: HK$0.26 loss per share (further deteriorated from HK$0.13 loss in FY 2023). Net loss: HK$265.3m (loss widened 84% from FY 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Announcement • Jun 27
Blue River Holdings Limited, Annual General Meeting, Aug 28, 2024 Blue River Holdings Limited, Annual General Meeting, Aug 28, 2024. Reported Earnings • Jun 27
Full year 2024 earnings released: HK$0.26 loss per share (vs HK$0.13 loss in FY 2023) Full year 2024 results: HK$0.26 loss per share (further deteriorated from HK$0.13 loss in FY 2023). Net loss: HK$265.3m (loss widened 84% from FY 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. Announcement • Jun 14
Blue River Holdings Limited to Report Fiscal Year 2024 Results on Jun 26, 2024 Blue River Holdings Limited announced that they will report fiscal year 2024 results on Jun 26, 2024 Announcement • Dec 08
Blue River Holdings Limited to Report First Half, 2024 Results on Dec 20, 2023 Blue River Holdings Limited announced that they will report first half, 2024 results on Dec 20, 2023 Reported Earnings • Nov 30
First half 2024 earnings released: HK$0.079 loss per share (vs HK$0.15 loss in 1H 2023) First half 2024 results: HK$0.079 loss per share (improved from HK$0.15 loss in 1H 2023). Net loss: HK$81.8m (loss narrowed 52% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Nov 23
Blue River Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 September 2023 Blue River Holdings Limited provided earnings guidance for the six months ended 30 September 2023. For the period, the Group is expected to record a loss attributable to Shareholders of approximately HKD 80 million for the Period, as compared with a loss attributable to Shareholders of approximately HKD 170 million for the corresponding period in 2022. Announcement • Nov 17
Blue River Holdings Limited to Report First Half, 2024 Results on Nov 29, 2023 Blue River Holdings Limited announced that they will report first half, 2024 results on Nov 29, 2023 Recent Insider Transactions • Aug 22
MD & Executive Chairman of the Board recently sold €1.3m worth of stock On the 18th of August, Kai Sing Kwong sold around 40m shares on-market at roughly €0.033 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Kai Sing's only on-market trade for the last 12 months. Reported Earnings • Jul 31
Full year 2023 earnings released: HK$0.13 loss per share (vs HK$1.04 loss in FY 2022) Full year 2023 results: HK$0.13 loss per share (improved from HK$1.04 loss in FY 2022). Net loss: HK$144.5m (loss narrowed 87% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Announcement • Jul 29
Blue River Holdings Limited, Annual General Meeting, Aug 30, 2023 Blue River Holdings Limited, Annual General Meeting, Aug 30, 2023, at 10:30 China Standard Time. Location: Harbour Plaza Rooms I & II, B1/F, Harbour Plaza North Point, 665 King's Road North Point Hong Kong Agenda: To receive, consider and adopt the audited financial statements and the reports of the directors and the independent auditor for the year ended 31 March 2023; to re-appoint Crowe (HK) CPA Limited as auditor of the Company and to authorise the Board to fix its remuneration; and to consider any other matters. Reported Earnings • Jun 29
Full year 2023 earnings released: HK$0.13 loss per share (vs HK$1.48 loss in FY 2022) Full year 2023 results: HK$0.13 loss per share (improved from HK$1.48 loss in FY 2022). Net loss: HK$144.5m (loss narrowed 91% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 75% per year, which means it is well ahead of earnings. New Risk • Jun 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 67% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Market cap is less than US$100m (€64.7m market cap, or US$70.5m). Announcement • Jun 16
Blue River Holdings Limited to Report Fiscal Year 2023 Results on Jun 29, 2023 Blue River Holdings Limited announced that they will report fiscal year 2023 results on Jun 29, 2023 Recent Insider Transactions • Feb 02
Insider recently sold €517k worth of stock On the 31st of January, Kitchell Bin sold around 5m shares on-market at roughly €0.10 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €520k. Insiders have been net sellers, collectively disposing of €1.0m more than they bought in the last 12 months. Recent Insider Transactions • Dec 29
Insider recently sold €520k worth of stock On the 21st of December, Kitchell Bin sold around 5m shares on-market at roughly €0.10 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Nov 30
First half 2023 earnings released First half 2023 results: Revenue: HK$4.62b (flat on 1H 2022). Net loss: HK$169.4m (loss narrowed 84% from 1H 2022). Announcement • Nov 26
Blue River Holdings Limited Provides Group Earnings Guidance for the Six Months Ended September 30, 2022 Blue River Holdings Limited provided group earnings guidance for the six months ended September 30, 2022. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary review on the draft unaudited consolidated management accounts of the Group for the six months ended 30 September 2022 and other information currently available to the company, the Group is expected to record a loss attributable to Shareholders of approximately HKD 170 million for the Period, as compared with a loss attributable to Shareholders of approximately HKD 1,037 million for the corresponding period in 2021. Announcement • Nov 17
Blue River Holdings Limited to Report First Half, 2023 Results on Nov 29, 2022 Blue River Holdings Limited announced that they will report first half, 2023 results on Nov 29, 2022 Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Executive Director & MD Marc Andreas Tschirner is the most experienced director on the board, commencing their role in 2021. Independent Non-executive Director John Lam was the last independent 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: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Sep 28
Blue River Holdings Limited Announces Management Changes The board of directors of Blue River Holdings Limited announced that Mr. Ma Ka Ki (Mr. Ma) has tendered his resignation as an independent non-executive director of the Company (the Independent Non-executive Director) with effect from 28 September 2022 due to his other business engagements. The Board announces that with effect from 28 September 2022: Mr. Yu Chung Leung (Mr. Yu), an existing Independent Non-executive Director, will be appointed as the chairman of the audit committee of the Company (the Audit Committee); Mr. Lam John Cheung-wah (Mr. Lam), an existing Independent Non- executive Director, will be appointed as the chairman of the remuneration committee of the Company (the Remuneration Committee) and the nomination committee of the Company (the Nomination Committee); Mr. William Nicholas Giles (Mr. Giles), an existing Independent Non-executive Director, will be appointed as the chairman of the corporate governance and compliance committee of the Company (the Corporate Governance and Compliance Committee) and the share repurchase committee of the Company (the Share Repurchase Committee); and Mr. Ma has tendered his resignation as the chairman of the Audit Committee, the Remuneration Committee, the Nomination Committee, the Corporate Governance and Compliance Committee and the Share Repurchase Committee. Board Change • Aug 03
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. Executive Director & MD Marc Andreas Tschirner is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Aug 02
Blue River Holdings Limited Announces Board and Committee Changes The board of directors of Blue River Holdings Limited announced that with effect from 1 August 2022, Mr. Yu Chung Leung ('Mr. Yu') and Mr. Lam John Cheung-wah ('Mr. Lam')have been appointed as independent non-executive directors of the Company. The Board announced that with effect from 1 August 2022, Mr. Leung Chung Ki ('Mr. Leung') has resigned as an Independent Non-executive Director. Mr. Yu and Mr. Lam have been appointed as members of the audit committee of the Company, the remuneration committee of the Company, the nomination committee of the Company and the corporate governance and compliance committee of the Company respectively; and Mr. Leung has resigned as a member of the Audit Committee, the Remuneration Committee, the Nomination Committee and the Corporate Governance and Compliance Committee. Mr. Yu, aged 51, has over 28 years of experience in auditing and accounting. He holds a Master of Arts in international accounting from City University of Hong Kong. Mr. Yu is a member and an authorised supervisor of the Hong Kong Institute of Certified Public Accountants. He is a fellow member of The Association of Chartered Certified Accountants, a chartered tax adviser of The Taxation Institute of Hong Kong and a practising certified public accountant in Hong Kong. He is also a member of the Process Review Panel for the Financial Reporting Council. Mr. Yu is a partner of Lee & Yu Certified Public Accountants. He was awarded the Chief Executive's Commendation for Community Service in 2022. He has been an independent non-executive director of Narnia (Hong Kong) Group Company Limited, whose shares are listed on GEM of The Stock Exchange of Hong Kong Limited, since January 2019 and an independent non-executive director of Oshidori International Holdings Limited, whose shares are listed on the Main Board of the Stock Exchange, since July 2022. He was an independent non-executive director of CT Environmental Group Limited from April 2019 to February 2020, whose shares were delisted from the Main Board of the Stock Exchange in September 2021. Mr. Lam, aged 67, has substantial experience in the banking industry. From 1991 to 2005, he held various senior positions at Hongkong Bank of Canada, HSBC California and Hang Seng Bank Limited. Limited from September 2005 to February 2012 with his last position as an executive director, head of retail banking. After that, Mr. Lam acted as the vice chairman and an executive director of Nan Fung Property Holdings Limited in China Property Division between February 2013 and December 2021, and he has served as their consultant since January 2022. Mr. Lam has been an independent non-executive director of Wing Lee Property Investments Limited, whose shares are listed onthe Main Board of the Stock Exchange, since February 2013 and an independent non-executive director of Samson Paper Holdings Limited, whose shares are listed on the Main Board of the Stock Exchange, since May 2022. He was a non-executive director of Hong Kong Aerospace Technology Group Limited, whose shares are listed on the Main Board of the Stock Exchange, from October 2021 to July 2022. He graduated from Ryerson Polytechnical Institute in Toronto, Canada in June 1988 where he received his bachelor of business management degree. He is a fellow of The Institute of Canadian Bankers and a fellow of the Royal Institution of Chartered Surveyors. He was a member of the Chinese People's Political Consultative Conference Guangzhou Committee. Mr. Lam was a director of Eastway International Limited and Yue Feng Development (Hong Kong) Limited, which were companies incorporated in Hong Kong with limited liability, before their dissolution by deregistration under section 751 of the Companies Ordinance on 2 February 2018 and 6 August 2021, respectively. Announcement • Jul 30
Blue River Holdings Limited, Annual General Meeting, Sep 15, 2022 Blue River Holdings Limited, Annual General Meeting, Sep 15, 2022. Announcement • Jul 16
Blue River Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 March 2022 Blue River Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2022. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary review on the draft unaudited consolidated management accounts of the Group for the year ended 31 March 2022 and other information currently available to the company, the Group is expected to record a loss attributable to Shareholders of not less than HKD 1.6 billion for the Year, as compared with a profit attributable to Shareholders of approximately HKD 151 million for the year ended 31 March 2021. Such expected loss for the Year was mainly attributable to the combined impact of: fair value loss of investments in equity and debt instruments held for trading of approximately HKD 1,062 million (after netting off relevant deferred tax credit of approximately HKD 103 million from the fair value loss of approximately HKD 1,165 million), as compared with fair value gain of approximately HKD 856 million (after netting off relevant deferred tax charge of approximately HKD 103 million from the fair value gain of approximately HKD 959 million) in the Year 2021; impairment loss on financial assets of approximately HKD 118 million (after netting off share of loss by non-controlling interest of approximately HKD 6 million from the impairment loss on financial assets of approximately HKD 124 million), as compared with impairment loss of approximately HKD 252 million in the Year 2021. Announcement • Jun 21
Blue River Holdings Limited to Report Fiscal Year 2022 Results on Jun 30, 2022 Blue River Holdings Limited announced that they will report fiscal year 2022 results on Jun 30, 2022 Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Chung-Ki Leung is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Ka Ki Ma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Dec 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: HK$0.94 loss per share (down from HK$0.031 loss in 1H 2021). Revenue: HK$4.58b (up HK$4.39b from 1H 2021). Net loss: HK$1.04b (loss widened HK$1.00b from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Board Change • Dec 14
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Chung-Ki Leung is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Ka Ki Ma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.