Announcement • Apr 30
C&N Holdings Limited, Annual General Meeting, Jun 30, 2026 C&N Holdings Limited, Annual General Meeting, Jun 30, 2026, at 10:30 Singapore Standard Time. Location: no 3 soon lee street, 06-04 pioneer junction, singapore 627606, Singapore Reported Earnings • Apr 04
Full year 2025 earnings released: S$0.018 loss per share (vs S$0.002 loss in FY 2024) Full year 2025 results: S$0.018 loss per share (further deteriorated from S$0.002 loss in FY 2024). Revenue: S$17.6m (down 32% from FY 2024). Net loss: S$3.01m (loss widened S$2.60m from FY 2024). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings. Announcement • Mar 05
C&N Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 C&N Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 New Risk • Nov 24
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 Hong Kong stocks, typically moving 16% 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 Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 4.1% per year over the past 5 years. Market cap is less than US$10m (HK$16.0m market cap, or US$2.06m). New Risk • Sep 29
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 Hong Kong stocks, typically moving 17% 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 Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 4.1% per year over the past 5 years. Market cap is less than US$10m (HK$28.4m market cap, or US$3.64m). Reported Earnings • Sep 04
First half 2025 earnings released: S$0.002 loss per share (vs S$0.004 loss in 1H 2024) First half 2025 results: S$0.002 loss per share (improved from S$0.004 loss in 1H 2024). Revenue: S$10.4m (down 24% from 1H 2024). Net loss: S$361.1k (loss narrowed 47% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Announcement • Aug 09
C&N Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025 C&N Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025 New Risk • Jul 25
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 Hong Kong stocks, typically moving 12% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-S$106k free cash flow). Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (HK$28.0m market cap, or US$3.57m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Jun 05
C&N Holdings Limited, Annual General Meeting, Jun 30, 2025 C&N Holdings Limited, Annual General Meeting, Jun 30, 2025, at 10:30 Singapore Standard Time. Location: no 3 soon lee street, 06-03 pioneer junction, 627606, Singapore Reported Earnings • Apr 02
Full year 2024 earnings released: S$0.002 loss per share (vs S$0.034 loss in FY 2023) Full year 2024 results: S$0.002 loss per share (improved from S$0.034 loss in FY 2023). Revenue: S$25.8m (up 10.0% from FY 2023). Net loss: S$411.6k (loss narrowed 92% from FY 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Announcement • Mar 18
C&N Holdings Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 C&N Holdings Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 New Risk • Oct 02
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 Hong Kong stocks, typically moving 23% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-S$5.8m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (HK$30.0m market cap, or US$3.87m). Reported Earnings • Sep 28
First half 2024 earnings released: S$0.004 loss per share (vs S$0.016 loss in 1H 2023) First half 2024 results: S$0.004 loss per share (improved from S$0.016 loss in 1H 2023). Revenue: S$13.8m (up 36% from 1H 2023). Net loss: S$677.7k (loss narrowed 68% from 1H 2023). Announcement • Aug 20
C&N Holdings Limited to Report First Half, 2024 Results on Aug 30, 2024 C&N Holdings Limited announced that they will report first half, 2024 results on Aug 30, 2024 Board Change • Aug 01
High number of new directors Independent Non-Executive Director HongJing Li was the last director to join the board, commencing their role in 2024. Announcement • Jun 06
C&N Holdings Limited, Annual General Meeting, Jun 28, 2024 C&N Holdings Limited, Annual General Meeting, Jun 28, 2024, at 10:30 Singapore Standard Time. Location: no 3 soon lee street, 06-03 pioneer junction, singapore 627606, Singapore Reported Earnings • Mar 30
Full year 2023 earnings released: S$0.034 loss per share (vs S$0.20 loss in FY 2022) Full year 2023 results: S$0.034 loss per share (improved from S$0.20 loss in FY 2022). Revenue: S$23.5m (down 11% from FY 2022). Net loss: S$5.11m (loss narrowed 41% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings. Announcement • Mar 19
C&N Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 C&N Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: S$0 (vs S$0.044 loss in 3Q 2022) Third quarter 2023 results: EPS: S$0 (improved from S$0.044 loss in 3Q 2022). Revenue: S$5.41m (down 20% from 3Q 2022). Net loss: S$45.9k (loss narrowed 98% from 3Q 2022). Announcement • Nov 03
C&N Holdings Limited to Report Q3, 2023 Results on Nov 14, 2023 C&N Holdings Limited announced that they will report Q3, 2023 results on Nov 14, 2023 Reported Earnings • Aug 16
Second quarter 2023 earnings released: S$0.002 loss per share (vs S$0.04 loss in 2Q 2022) Second quarter 2023 results: S$0.002 loss per share (improved from S$0.04 loss in 2Q 2022). Revenue: S$5.11m (down 25% from 2Q 2022). Net loss: S$406.6k (loss narrowed 76% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Announcement • Aug 03
C&N Holdings Limited to Report First Half, 2023 Results on Aug 14, 2023 C&N Holdings Limited announced that they will report first half, 2023 results on Aug 14, 2023 Board Change • Aug 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, CEO & Compliance Officer Kang Lim Chua is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 22
C&N Holdings Limited Announces Executive Changes The Board of C&N Holdings Limited announced that Mr. Lai Nga Ming Edmund (``Mr. Lai'') has tendered his resignation as the company secretary, an authorised representative of the Company for the purpose of Rule 5.24 of the GEM Listing Rules and an authorised representative of the Company for accepting service of process and notices on its behalf in Hong Kong under the Companies Ordinance with effect from 19 July 2023. Mr. Lai confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of holders of the securities of the Company. The Board also announced that Ms. Jim Shuk Yan (``Ms. Jim'') has been appointed as the company secretary, an authorised representative of the Company for the purpose of Rule 5.24 of the GEM Listing Rules and an authorised representative of the Company for accepting service of process and notices on its behalf in Hong Kong under the Companies Ordinance with effect from 19 July 2023. Ms. Jim, aged 34, is the sole proprietor of Ignitions CPA & Co. since 2019, and a practicing partner of The Dawn CPA & Co. since 2023. Ms. Jim received a Bachelor of Arts (Honours) in Accountancy from the Edinburgh Napier University and is a fellow member of the Hong Kong Institute of Certified Public Accountants. She has accumulated extensive experience in accounting and audit field. Announcement • Jul 01
C&N Holdings Limited Announces Board Changes The Board of Directors of the C&N Holdings Limited announced that with effect from 1 July 2023, Ms. Lo Suet Lai (``Ms. Lo'') has resigned as an independent non-executive Director, the Chairwoman of the nomination committee of the Board (the ``Nomination Committee''), a member of each of the remuneration committee of the Board (the ``Remuneration Committee'') and the audit committee of the Board (the ``Audit Committee'') as she would like to devote more time to her own profession and business. The Board announced the appointment of Ms. Wong Ching Wan (``Ms. Wong'') to the following offices, all effective from 1 July 2023: an independent non-executive Director; the Chairwoman of the Nomination Committee; a member of the Remuneration Committee; and a member of the Audit Committee. Ms. Wong, aged 60, has over 30 years of management experience in construction and human resources industries. She is currently serving as a director at a sizeable human resources consultancy firm. The Company has entered into a letter of appointment with Ms. Wong in relation to her appointment as an independent non-executive Director of the Company for a term of one (1) year commencing on 1 July 2023 which is determinable by either party serving on the other not less than one month's written notice, subject to retirement by rotation and re-election in accordance with the articles of association of the Company and the GEM Listing Rules. Ms. Wong will be entitled to a Director's fee of HKD 60,000 per annum, which was recommended by the Remuneration Committee and has been determined with reference to the prevailing market conditions and her roles and responsibilities in the Group, subject to review by the Board and the Remuneration Committee from time to time. She has not entered into nor proposed to enter into any service contracts, which fall within the meanings of Rule 17.90 of the GEM Listing Rules requiring the prior approval of shareholders of the Company at general meetings, with the Company. Announcement • May 30
C&N Holdings Limited, Annual General Meeting, Jun 30, 2023 C&N Holdings Limited, Annual General Meeting, Jun 30, 2023, at 10:30 Singapore Standard Time. Location: No 3 Soon Lee Street, #0603 Pioneer Junction Singapore Singapore Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors and auditors of the Company for the year ended 31 December 2022; to re-elect Ms. Fung Mee Kuen as executive Director; to re-elect Mr. Cheung Wai Kin as independent non-executive Director; and to authorize the board of Directors to fix the Directors' remuneration; to re-appoint McMillan Woods (Hong Kong) CPA Limited as the auditors of the Company and to authorize the board of Directors to fix its remuneration; and to transact other business. Reported Earnings • May 17
First quarter 2023 earnings released: S$0.018 loss per share (vs S$0.043 loss in 1Q 2022) First quarter 2023 results: S$0.018 loss per share (improved from S$0.043 loss in 1Q 2022). Revenue: S$5.02m (down 25% from 1Q 2022). Net loss: S$1.71m (loss narrowed 1.1% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 08
Full year 2022 earnings released: S$0.20 loss per share (vs S$0.10 loss in FY 2021) Full year 2022 results: S$0.20 loss per share (further deteriorated from S$0.10 loss in FY 2021). Revenue: S$26.2m (flat on FY 2021). Net loss: S$8.66m (loss widened 140% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 16
Third quarter 2022 earnings released: S$0.002 loss per share (vs S$0.001 loss in 3Q 2021) Third quarter 2022 results: S$0.002 loss per share (further deteriorated from S$0.001 loss in 3Q 2021). Revenue: S$6.73m (up 5.8% from 3Q 2021). Net loss: S$1.83m (loss widened 120% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 20 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, CEO & Compliance Officer Kang Lim Chua is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released: S$0.002 loss per share (vs S$0.001 loss in 3Q 2021) Third quarter 2022 results: S$0.002 loss per share (further deteriorated from S$0.001 loss in 3Q 2021). Revenue: S$6.73m (up 5.8% from 3Q 2021). Net loss: S$1.83m (loss widened 120% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 18 percentage points per year, which is a significant difference in performance. Announcement • Nov 02
C&N Holdings Limited to Report Nine Months, 2022 Results on Nov 11, 2022 C&N Holdings Limited announced that they will report nine months, 2022 results on Nov 11, 2022 Board Change • Oct 28
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Chairman, CEO & Compliance Officer Kang Lim Chua is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 27
C&N Holdings Limited Announces Resignation of Chua Sui Feng as Executive Director The Board of Directors of the C&N Holdings Limited announced that with effect from 26 October 2022, Ms. Chua Sui Feng has resigned as executive Director, as she would like to devote more time to her other business commitment. Reported Earnings • Aug 14
Second quarter 2022 earnings released: S$0.002 loss per share (vs S$0.003 loss in 2Q 2021) Second quarter 2022 results: S$0.002 loss per share (up from S$0.003 loss in 2Q 2021). Revenue: S$6.77m (up 8.6% from 2Q 2021). Net loss: S$1.68m (loss narrowed 20% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. Announcement • Aug 03
C&N Holdings Limited to Report First Half, 2022 Results on Aug 12, 2022 C&N Holdings Limited announced that they will report first half, 2022 results on Aug 12, 2022 Reported Earnings • May 16
First quarter 2022 earnings released: S$0.002 loss per share (vs S$0.001 loss in 1Q 2021) First quarter 2022 results: S$0.002 loss per share (down from S$0.001 loss in 1Q 2021). Revenue: S$6.67m (down 6.0% from 1Q 2021). Net loss: S$1.73m (loss widened 288% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • May 14
C&N Holdings Limited, Annual General Meeting, Jun 20, 2022 C&N Holdings Limited, Annual General Meeting, Jun 20, 2022, at 10:30 Singapore Standard Time. Location: No 3 Soon Lee Street, #0603 Pioneer Junction Singapore Singapore Agenda: To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiaries and the reports of the directors (the ``Directors'') and auditors of the Company for the year ended 31 December 2021; to consider the re-election of Directors; to authorise the board of Directors to fix the Directors' remuneration; to re-appoint McMillan Woods (Hong Kong) CPA Limited as the auditors of the Company and to authorise the board of Directors to fix its remuneration. Reported Earnings • Mar 30
Full year 2021 earnings released: S$0.005 loss per share (vs S$0.001 loss in FY 2020) Full year 2021 results: S$0.005 loss per share (down from S$0.001 loss in FY 2020). Revenue: S$26.2m (flat on FY 2020). Net loss: S$3.60m (loss widened 344% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Executive Departure • Oct 01
Independent Non-Executive Director Tak Sin Teo has left the company On the 29th of September, Tak Sin Teo's tenure as Independent Non-Executive Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Tak Sin's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Aug 25
Independent Non-Executive Director Choong Kuen Kwong has left the company On the 23rd of August, Choong Kuen Kwong's tenure as Independent Non-Executive Director ended after 3.9 years in the role. We don't have any record of a personal shareholding under Choong Kuen's name. A total of 2 executives have left over the last 12 months. Recent Insider Transactions Derivative • Aug 17
Executive Director exercised options to buy HK$960k worth of stock. On the 16th of August, Sui Feng Chua exercised options to buy 6m shares at a strike price of around HK$0.29, costing a total of HK$1.8m. As of today, Sui Feng currently holds no shares directly. Company insiders have collectively sold HK$55m more than they bought, via options and on-market transactions in the last 12 months. Executive Departure • Jul 20
Company Secretary Man Leong Chang has left the company On the 13th of July, Man Leong Chang's tenure as Company Secretary ended after 4.3 years in the role. We don't have any record of a personal shareholding under Man Leong's name. Man Leong is the only executive to leave the company over the last 12 months. Recent Insider Transactions • Jul 17
Insider recently bought HK$3.9m worth of stock On the 16th of July, Hufei Wang bought around 30m shares on-market at roughly HK$0.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$8.7m. Despite this recent purchase, insiders have collectively sold HK$57m more in shares than they bought in the last 12 months. Recent Insider Transactions • May 30
Chairman recently sold HK$13m worth of stock On the 25th of May, Kang Lim Chua sold around 40m shares on-market at roughly HK$0.32 per share. This was the largest sale by an insider in the last 3 months. This was Kang Lim's only on-market trade for the last 12 months. Reported Earnings • May 17
First quarter 2021 earnings released: S$0.001 loss per share (vs S$0.001 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: S$7.09m (up 11% from 1Q 2020). Net loss: S$446.0k (loss narrowed 29% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: S$0.001 loss per share (vs S$0.002 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: S$26.3m (down 8.6% from FY 2019). Net loss: S$811.4k (loss narrowed 17% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Mar 05
C&N Holdings Limited to Report Fiscal Year 2020 Results on Mar 22, 2021 C&N Holdings Limited announced that they will report fiscal year 2020 results on Mar 22, 2021 Announcement • Nov 11
C&N Holdings Limited Announces Board Changes The board of directors of C&N Holdings Limited announced that with effect from 10 November 2020, (i) Mr. Dax Teo Tak Sin has ceased to be the chairman but remained a member of the remuneration committee of the Company and been appointed as a chairman of the nomination committee of the Company; and (ii) Ms. Grace Choong Mai Foong has ceased to be the chairwoman but remained a member of the Nomination Committee and been appointed as a chairwoman of the Remuneration Committee. Is New 90 Day High Low • Nov 05
New 90-day high: HK$0.24 The company is up 493% from its price of HK$0.04 on 07 August 2020. The Hong Kong market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is down 2.0% over the same period. Announcement • Oct 29
C&N Holdings Limited to Report Nine Months, 2020 Results on Nov 10, 2020 C&N Holdings Limited announced that they will report nine months, 2020 results on Nov 10, 2020 
