Commercial Services and Supplies
Company Overview of Midas International Holdings Limited
Midas International Holdings Limited, an investment holding company, engages in the manufacture and trade of printed and packaging printed products. The company prints various books, including art books, photography books, cookbooks, textbooks, and children’s books in various binding styles, such as case-bound, flexi-bound, limp-bound, perfect-bound, notch-bound, saddle-stitched, wire-o, spiral, etc. It also offers stationery items, including stationery sets, greeting cards, hand-made cards with accessories, photo frames, albums, etc. In addition, the company engages in commercial printing of books, such as magazines, periodicals, annual reports, corporate brochures, point-of-sale items, cat...
18 Chater Road
Founded in 1990
Key Executives for Midas International Holdings Limited
Total Annual Compensation: $2.0M
Executive Director and Member of Corporate Governance Committee
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2013.
Midas International Holdings Limited Key Developments
Midas International Holdings Limited Announces Unaudited Consolidated Cash Flow Results for the Six Months Ended September 30, 2013
Dec 13 13
Midas International Holdings Limited announced unaudited consolidated cash flow results for the six months ended September 30, 2013. For the period, the company's net cash used in operating activities was HKD 16.93 million compared with HKD 37.31 million a year ago. The group acquired property, plant and equipment was HKD 5.99 million compared with HKD 5.69 million a year ago. Incurred expenditures on cemetery assets were HKD 3.72 million.
Midas International Holdings Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2013
Nov 25 13
Midas International Holdings Limited reported unaudited consolidated earnings results for the six months ended September 30, 2013. For the period, the company reported revenues of HKD 186.0 million, compared to HKD 157.4 million, representing an increase of 18.2% from that of last year, principally as a result of increase in printing product sales. Gross profit margin of the Group increased from 19.7% to 22.9%. The improvement was mainly resulted from increment of revenues and effective cost control in raw materials. Operating loss was HKD 8,967,000, compared to HKD 15,292,000 for the last year. Loss before taxation was HKD 14,680,000, compared to HKD 22,757,000 for the last year. Loss for the period attributable to equity holders of the company was HKD 14,288,000 or 0.6 cents per basic and diluted share, compared to HKD 22,018,000 or 1.0 cents per basic and diluted share for the last year. As at 30th September, 2013, the Group had capital expenditure commitments contracted but not provided for in respect of property, plant and equipment amounting to HKD 3,847,000. Net asset value attributable to equity holders of the company as at 30th September, 2013 amounted to HKD 0.224 per share.
Midas International Holdings Limited, Board Meeting, Nov 13, 2013
Nov 14 13
Midas International Holdings Limited, Board Meeting, Nov 13, 2013.
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August 28, 2013