October 22, 2014 11:25 AM ET

Hotels, Restaurants and Leisure

Company Overview of Little Sheep Group Limited

Company Overview

Little Sheep Group Limited, an investment holding company, engages in the operation of full-service restaurants chain, provision of catering services, and sale of related food products. It operates Chinese hot pot restaurants. The company also involved in the production of soup-based seasonings and sale of lamb meat; and provision of slaughtering and meat processing services. It operates and franchises full-service restaurants chain under the Little Sheep brand in Mainland China, Hong Kong, and Macau. As of December 31, 2010, Little Sheep Group operated 184 company-owned restaurants and 296 franchise restaurants. The company was founded in 1999 and is based in Baotou, China. Little Sheep Gro...

No 9 Wulan Road

Kun District

Baotou,  

China

Founded in 1999

14,047 Employees

Phone:

86 47 2513 7998

Fax:

86 21 6237 5648

Key Executives for Little Sheep Group Limited

Chief Executive Officer
Age: 46
Co-Founder
Age: 49
Non-Partcipating Founder
Chief Financial Officer
Age: 43
Chief Operating Officer and Executive Director
Age: 46
Compensation as of Fiscal Year 2014.

Little Sheep Group Limited Key Developments

Little Sheep Group Limited Provides Earnings Guidance for the Year Ending December 31, 2013

Little Sheep Group Limited provided earnings guidance for the year ending December 31, 2013. The Board announced shareholders and prospective investors of the Company that the consolidated net profit attributable to the owners of the company for the year ending December 31, 2013 is expected to increase significantly as compared with the same for the year ended December 31, 2012. The increases in the revenue, the sales volume, and the gross profit during the three months ended September 30, 2013 were primarily due to the continuous increases in the demand for solar modules and solar glass. Such increases in demand continue during the fourth quarter of 2013. The substantial increase in the profitability of the Group in 2013 was primarily due to the following principal reasons:- the continuous increases in the demand for solar modules globally outside Europe, such as Japan, the U.S., and China, which drive the continuous increases in the demand for solar glass; the increases in the average selling prices of the Group's ultra-clear photovoltaic raw glass and ultra-clear photovoltaic processed glass; and the continuous increase in the sales volume of the Group as a result of increased level of demand for solar modules and solar glass in China.

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