智通财经获悉，1月5日，龙湖集团(00960)如期完成"21龙湖02"的本金兑付与付息，涉及总金额约10.38 亿元。公开资料显示，"21龙湖02"发行金额为10亿元，票面利率4.4%，回售资金兑付日为2026年1月7 日，本次兑付包含行权到期本金9.94亿元以及利息0.44亿元。 实际上，自2023年起，龙湖就坚持用正向的经营性现金流驱动业务增长，以安全稳定的债务结构构建起 可持续发展的基本盘。截至2025年上半年，龙湖集团已连续实现含资本性支出的经营性现金流为正。自 2022年中期以来，三年累计压降有息负债超过400亿元，财务指标持续优化。根据规划，龙湖集团的有 息负债自2026年起每年还将净减少约100亿元，负债规模基本稳定，无偿债压力。 在主动摒弃对杠杆与规模的依赖之上，龙湖集团还凭借运营及服务业务的持续发展，筑牢公司的增长 盘，用以应对存量时代的转型诉求，帮助整个集团走通高质量发展的新路径。 而根据稍早前消息，龙湖集团已于12月初将港币银团提前结清。该笔银团贷款总规模为92.27亿港元(约 合人民币85亿元)，起息日为2020年12月21日，期限为5年。根据公开信息，龙湖集团自第三季度起，便 分阶段 ...

转自：经济日报 近年来，撒哈拉以南非洲在全球经济中的重要地位愈加突出，被视为全球增长引擎及投资热土之一。 2025年，该地区宏观经济总体呈稳定增长态势并展现出韧性，各国实现幅度不等的增长。同时，该地区 经济仍然面临诸多压力，经济改革及结构转型任重道远。 保持稳定增长 多家国际经济金融组织预测2025年撒哈拉以南非洲经济增长率为4.1％左右，显示该地区经济保持稳定 增长。 国际货币基金组织2025年10月发布的《2025年撒哈拉以南非洲经济展望》报告指出，尽管外部环境充满 挑战，但撒哈拉以南非洲经济仍显示较强韧性，前景可期。预计2025年该地区经济增长率为4.1％，与 2024年持平，2026年将小幅提升。该地区在过去几年中面对一系列冲击展现韧性，涌现出多个位居世界 经济增长最快行列的经济体，包括贝宁、科特迪瓦、埃塞俄比亚、卢旺达和乌干达等。此外，在外部融 资条件有所改善的情况下，一些国家如肯尼亚和安哥拉等能够进入国际资本市场。 非洲开发银行2025年11月发布的《非洲宏观经济表现与展望》报告预计非洲2025年和2026年的经济增长 率分别为4.2％和4.3％。报告预计2025年非洲平均通胀率为13.7％，20 ...

11月12日，在赞比亚坦赞铁路纪念园，几名当地人参观坦赞铁路纪念馆。 新华社记者 彭立军摄 近年来，撒哈拉以南非洲在全球经济中的重要地位愈加突出，被视为全球增长引擎及投资热土之一。2025 年，该地区宏观经济总体呈稳定增长态势并展现出韧性，各国实现幅度不等的增长。同时，该地区经济仍然 面临诸多压力，经济改革及结构转型任重道远。 保持稳定增长 国际货币基金组织相关报告指出，该地区多个资源密集型以及易受地缘冲突影响的国家，其经济增长仍面临 重大阻力，经济表现仍明显疲弱。该地区大部分经济体存在金融、财政等方面的脆弱性，在外部环境不确定 性的影响下，经济下行风险犹存。总体看，尽管国际金融借贷形势有所改善，但该地区各国仍面临较紧张的 借贷条件，而且不断上升的偿债成本正在挤占发展支出，债务压力不断加大。该地区不平等问题仍未明显减 少，基尼系数居高不下，经济增长缺乏包容性，未能充分惠及低收入群体。该地区国家之间经济增长的不平 等也需改进。 世界银行相关报告指出，该地区面临全球贸易政策不确定性、投资者兴趣下降、外部融资渠道萎缩，以及发 展援助减少等挑战。过去10年，该地区国家外债偿还额大幅增加，陷于债务困境或面临债务高风险的 ...

Cold storage warehouse operator Americold announced it has entered a cooperation agreement with activist investor Ancora Group Holdings. The deal adds two board members and establishes a new finance committee to oversee existing shareholder value initiatives. Strategic investors Joseph Reece, a managing partner at SilverBox Capital, and Stephen Sleigh, a senior advisor at Blue Wolf Capital Partners, were appointed to the board on Monday and will serve on the finance committee. Reece was also added to the ...

Economic Insights - The IMF warns Kenya and Ethiopia about the risks of converting SGR loans from USD to RMB, highlighting potential currency risks despite cost savings[7] - Japan's central bank raised interest rates by 25 basis points to 0.75%, the highest level in 30 years, due to rising inflation pressures[10] - Australia's inflation rose to 3.8% in October, prompting the central bank to maintain interest rates at 3.6%[11] - Iran's economy has been in recession for 20 consecutive months, with a PMI of 46.6 indicating ongoing economic contraction[12][13] Fiscal Developments - Indonesia plans to impose a 1% to 5% export tax on coal starting in 2026, aiming to generate approximately 20 trillion IDR (about 1.2 billion USD) in additional revenue[17] - South Africa's economic outlook is improving, with GDP growth expectations raised for the second half of 2025, following fiscal reforms initiated in 2021[18][19] Political and Social Issues - Eight countries, including Turkey and Egypt, oppose Israel's unilateral opening of the Rafah crossing, emphasizing the need for a two-way opening to support Palestinian residents[21] - Ongoing conflict between Thailand and Cambodia has resulted in significant casualties, with over 51,200 people displaced[22][23] Credit Ratings - Fitch upgraded Ivory Coast's sovereign credit rating from BB- to BB, maintaining a stable outlook due to political stability and strong economic growth projections of 6.4% to 6.6% from 2025 to 2027[40]

Financial Data and Key Metrics Changes - Total revenue decreased approximately $27.9 million, or 5.9%, to approximately $444.9 million for the fiscal year ended September 30, 2025, compared to approximately $472.8 million in the prior year [6] - Operating income increased by $10.2 million, or 231.7%, compared to the prior year, excluding an $18.1 million goodwill impairment recorded in Fiscal Year 2024 [5] - Adjusted EBITDA for Fiscal Year 2025 was approximately $33.4 million, an increase of approximately $8.9 million, or 36.3%, compared to $24.5 million in the prior year [15] - Net income was approximately $22.7 million, with diluted EPS of $4.93, compared to a net loss of approximately $26.7 million and a loss per share of $8.48 in the prior year [14] - Gross profit increased approximately $900,000 to $145.7 million, with gross margin increasing 210 basis points to 32.7% [10][11] Business Line Data and Key Metrics Changes - Retail entertainment segment revenue increased by approximately $6.5 million, or 9.1%, to approximately $77.5 million, driven by strong consumer demand for vintage and collectible media [8] - Retail flooring segment revenue decreased by approximately $14.7 million, or 10.7%, to approximately $122.3 million, primarily due to the disposition of certain stores and decreased consumer demand [9] - Flooring manufacturing segment revenue decreased by approximately $11.5 million, or 8.6%, to approximately $121.6 million, attributed to reduced consumer demand [9] - Steel manufacturing segment revenue decreased by approximately $7.2 million, or 5.1%, to approximately $132.6 million, driven by lower sales volumes, partially offset by incremental revenue from Central Steel [10] Market Data and Key Metrics Changes - Continued softness in the new home construction and home refurbishment markets negatively impacted the retail flooring and flooring manufacturing segments [5][6] - The fourth quarter of 2025 showed year-over-year revenue improvement compared to the fourth quarter of 2024, indicating potential recovery [7] Company Strategy and Development Direction - The company is focused on driving sustainable profitability and enhancing overall performance across its businesses [18] - Strategic pricing initiatives and targeted cost reduction measures were implemented to strengthen operating disciplines [4] - The company aims to build a durable platform of businesses that are resilient in the real economy [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's position for continued progress, despite challenges in the housing market [18] - The company is excited about recent interest rate cuts, which are expected to benefit interest expenses and stimulate housing sales [30][31] Other Important Information - Total debt declined approximately $33.5 million in Fiscal Year 2025, leading to a decrease in interest expense by approximately $1.3 million, or 7.7% [13] - The company repurchased 59,704 shares of common stock at an average price of $8.85 per share during the fiscal year [17] Q&A Session Summary Question: Regarding share repurchases and issuance strategy - Management indicated that shares may be issued in connection with acquisitions and that repurchase levels are monitored based on market conditions [26][28] Question: Debt repayment intentions - Management confirmed a commitment to continue paying down debt, evaluating the optimal level for long-term sustainability [28] Question: Impact of interest rate reductions - Management noted that interest rate cuts have positively impacted the company, reducing interest expenses and potentially stimulating the housing market [30][31]

Financial Data and Key Metrics Changes - Total revenue for Fiscal Year 2025 decreased approximately $27.9 million, or 5.9%, to approximately $444.9 million compared to approximately $472.8 million in the prior year [6] - Operating income increased by $10.2 million, or 231.7%, compared to the prior year, excluding an $18.1 million goodwill impairment recorded in Fiscal Year 2024 [5] - Net income for Fiscal Year 2025 was approximately $22.7 million, with diluted EPS of $4.93, compared to a net loss of approximately $26.7 million and a loss per share of $8.48 in the prior year [14] - Adjusted EBITDA for Fiscal Year 2025 was approximately $33.4 million, an increase of approximately $8.9 million, or 36.3%, compared to $24.5 million in the prior year [15] Business Line Data and Key Metrics Changes - Retail entertainment segment revenue for Fiscal Year 2025 was approximately $77.5 million, an increase of $6.5 million, or 9.1%, compared to the prior year [8] - Retail flooring segment revenue decreased by approximately $14.7 million, or 10.7%, to approximately $122.3 million, primarily due to the disposition of certain stores and decreased consumer demand [9] - Flooring manufacturing segment revenue decreased by approximately $11.5 million, or 8.6%, to approximately $121.6 million, driven by reduced consumer demand [10] - Steel manufacturing segment revenue decreased by approximately $7.2 million, or 5.1%, to approximately $132.6 million, primarily due to lower sales volumes, partially offset by incremental revenue from an acquisition [10] Market Data and Key Metrics Changes - The company reported continued softness in the new home construction and home refurbishment markets, which negatively impacted the retail flooring and flooring manufacturing segments [6][17] - Despite revenue declines, the fourth quarter of 2025 showed year-over-year improvement, generating higher revenues than the fourth quarter of 2024 [7] Company Strategy and Development Direction - The company is focused on driving sustainable profitability and enhancing overall performance across its businesses [18] - Strategic pricing initiatives and targeted cost reduction measures were implemented to strengthen operating disciplines and optimize cost structures [4] - The company aims to build a durable platform of businesses that are resilient in the real economy [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's position for continued progress, citing actions taken during the year to strengthen operational discipline [18] - The company anticipates that interest rate reductions will benefit its financial performance, particularly as they may stimulate the housing market [30][31] Other Important Information - Total debt declined approximately $33.5 million in Fiscal Year 2025, leading to a decrease in interest expense by approximately $1.3 million, or 7.7% [13] - The company ended the fiscal year with total cash availability of approximately $38.1 million and working capital of approximately $62.1 million [15] Q&A Session Summary Question: Regarding share repurchases and issuance - Management indicated that shares may be issued in connection with acquisitions and that repurchase levels are monitored based on market conditions [26][28] Question: Debt repayment strategy - Management confirmed a commitment to continue paying down debt, with future evaluations on whether to maintain a certain level of debt for optimal returns [28] Question: Impact of interest rate reductions - Management noted that interest rate cuts have positively impacted the company, reducing interest expenses and potentially stimulating the housing market [30][31]

近日，面对近期市场波动，万科A通过明确债券回售安排，向市场传递了清晰信号。该公司针对"21万科02"债券发 布公告，明确投资者可在2026年1月22日按100元面值进行回售。 目前，该债券市价约21.71元，此举被市场视为对其偿付能力的强烈信心宣示。 此前，市场曾出现针对万科债券的做空操作及相关传言，导致其部分债券价格短期内出现大幅下跌，并引发股价 波动。万科此次行动旨在回应市场疑虑，稳定投资者预期。 根据公开信息，万科目前存续的境内债务包括在深交所上市的公司债与在银行间市场发行的票据。其中，公司债 部分明确为刚兑主体。 对于部分票据的展期安排，相关方案已获得主要股东深圳地铁集团及深圳国企意向性担保支持，通过概率较高。 市场分析认为，万科此次主动管理债务预期，有助于打破非理性恐慌，修复债券合理估值，并对稳定地产行业整 体融资环境具有积极意义。 责编：李霞 编审：莫 非 监制：张立果 出品：城楼网/城楼财经 ...

【财华社讯】12月2日，佳兆业(01638.HK)公告，提出以发行股份代替现金支付，即"以股代息"的创新 型债务管理方案，并啟动同意征求程序，旨在展现资本韧性，稳守资产价值，并透过债务管理、央地协 同与多元生态三大维度实现突破，助力集团穿越市场周期。 本文源自：财华网 根据同意征求声明所载条款及在其条件规限下，公司就公司、附属公司担保人及GLAS Agency (Hong Kong) Limited(作为各系列票据的受托人)订立日期为2025年9月15日有关各系列的契约的建议修订，向 截至记录日期(即2025年12月1日)的未偿还票据的合资格票据持有人开始进行同意征求。同意征求的主 要目的是根据同意征求声明所载条款及在其所载条件的规限下修订契约条款，以股份形式代替现金支付 于2025年12月28日就票据应付的最低现金利息，且公司可选择以股份形式代替现金支付于2026年6月28 日及2026年12月28日就票据应付的最低现金利息。 此外，公司接纳同意及支付同意费的责任须待就各系列票据的建议修订获持有各系列票据本金总额不少 于75%的合资格持有人有效交付同意后，方可作实。 票据的同意征求于2025年12月2日开始 ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When a Boston caller asked "The Ramsey Show" whether he should sell his small printing business to tackle some of his $147,000 debt, the advice he received pointed him in a different direction. Rather than unloading the equipment and starting over, the hosts suggested reframing the business as a side hustle — at least for now. A First-Year Business and Mounting Personal Debt The caller, Miguel, explained ...