Oriental Rise Holdings Announces Interim 2024 Results
Ticker: ORIS · Form: 6-K · Filed: Dec 30, 2024 · CIK: 1964664
| Field | Detail |
|---|---|
| Company | Oriental Rise Holdings Ltd (ORIS) |
| Form Type | 6-K |
| Filed Date | Dec 30, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $4.00, $7.7 million, $2.2 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: results, tea, foreign-private-issuer
TL;DR
Oriental Rise Holdings dropped its interim 2024 results, confirming its focus on white tea from Fujian.
AI Summary
Oriental Rise Holdings Limited announced its interim 2024 results on December 30, 2024. The company is a vertically integrated tea producer, focusing on white tea from Fujian Province. This filing is a Report of Foreign Private Issuer under the Securities Exchange Act of 1934.
Why It Matters
This filing provides an update on the financial performance of Oriental Rise Holdings Limited, a company involved in the tea industry, which can inform investors about its operational status.
Risk Assessment
Risk Level: low — This is a routine filing announcing interim results and does not appear to contain significant new risks or material adverse information.
Key Players & Entities
- Oriental Rise Holdings Limited (company) — Registrant
- Fujian Province (location) — Source of tea gardens
FAQ
What is the primary business of Oriental Rise Holdings Limited?
Oriental Rise Holdings Limited is a vertically integrated tea company engaged in the planting, cultivation, processing, and sales of primarily-processed and refined tea, with a focus on primarily-processed white tea.
Where are the company's tea gardens located?
The company sources its tea from tea gardens in Fujian Province.
What form is this SEC filing?
This is a Form 6-K, Report of Foreign Private Issuer.
When was this filing submitted?
The filing was submitted on December 30, 2024.
Does Oriental Rise Holdings file annual reports under Form 20-F or 40-F?
The registrant indicates it files annual reports under cover of Form 20-F.
Filing Stats: 2,214 words · 9 min read · ~7 pages · Grade level 13.2 · Accepted 2024-12-30 10:24:34
Key Financial Figures
- $4.00 — of the Company at an offering price of $4.00 per share, and is listed on the Nasdaq
- $7.7 million — ths ended June 30, 2024, we generated US$7.7 million in revenue and US$2.2 million in net pr
- $2.2 million — nerated US$7.7 million in revenue and US$2.2 million in net profit. However, the second half
Filing Documents
- ea0226234-6k_oriental.htm (6-K) — 100KB
- ea022623401ex99-1_oriental.htm (EX-99.1) — 90KB
- 0001213900-24-113303.txt ( ) — 191KB
FORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS This report contains forward-looking statements. All statements contained in this report other than statements of historical fact, including statements regarding our future results of operations and financial position, our business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in the “Risk Factors” section. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events and trends discussed in this report may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. 1 Comparison of Interim Financial Results for the six months ended June 30, 2024 and 2023 The following table summarizes the results of our operations during the six months ended June 30, 2024 and 2023, respectively, and provides information r
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: December 30, 2024 Oriental Rise Holdings Limited By: /s/ Dezhi Liu Dezhi Liu Chief Executive Officer 7 EXHIBIT INDEX Exhibit No. Description 99.1 Unaudited Condensed Consolidated Financial Statements for the Six Months Ended June 30, 2024 8