Company Overview of China Keli Electric Company Ltd
China Keli Electric Company Ltd., through its subsidiaries, designs, develops, manufactures, markets, and installs electrical components and equipment in the People’s Republic of China. The company’s products include pre-assembled mini substations, electrical controllers, pressurized and vacuumed switchgears, and circuit breakers. Its products also comprise auto-control equipments, high voltage complete electric sets, high-power resistors, pre installed transformer stations, cable branch boxes, electricity distribution cabinets, vacuum breakers, load switches, low voltage distribution cabinet series, control series, and outdoor smart column switch series. The company was founded in 1995 and ...
Two Bentall Center
555 Burrard Street
Vancouver, BC V7X 1M8
Founded in 1995
Key Executives for China Keli Electric Company Ltd
Chief Executive Officer and Director
Total Annual Compensation: $116.8K
Chief Financial Officer
Total Annual Compensation: $24.0K
Executive Vice President of Finance & Corporate Development
Total Annual Compensation: $42.0K
Compensation as of Fiscal Year 2013.
China Keli Electric Company Ltd Key Developments
China Keli Electric Company Ltd Announces Earnings Results for the Second Quarter and Six Months Ended October 31, 2013
Dec 31 13
China Keli Electric Company Ltd. announced earnings results for the second quarter and six months ended October 31, 2013. For the three months ended October 31, 2013, total revenue was CAD 6,036,214, an increase of 33.3% over the second quarter of fiscal 2013 of CAD 4,527,803. The revenue increase was driven by ongoing investment in marketing and R&D to develop new customers and products. The company's net profit was CAD 216,640 compared to CAD 143,897 in the second quarter of fiscal 2013, and an increase of 50.6%. Basic and diluted earnings per share were CAD 0.002 against CAD 0.002 per share a year ago. EBITDA was CAD 556,988, an increase of 48.6% over CAD 374,860 in the second quarter of fiscal 2013.
For the six months, total revenue was CAD 11,380,405, an increase of 22.3% over CAD 9,304,675 for the equivalent 6 month period in fiscal 2013. The company recorded a net profit of CAD 471,612 compared to CAD 433,343 in same period in fiscal 2013. The company reported that the profit was CAD 0.005 per share compared to CAD 0.005 per share, for the same period ended October 31, 2012.
China Keli Electric Company Ltd, Annual General Meeting, Dec 19, 2013
Nov 8 13
China Keli Electric Company Ltd, Annual General Meeting, Dec 19, 2013., at 11:00 China Standard Time. Location: 32 Jinfeng West Road, Jinding Science and Technology Industry Zone. Agenda: To receive the audited financial statements of the company for the financial year ended April 30, 2013, together with the auditors' report on those financial statements; to set the number of directors of the company at six; to elect Sou Wa Wong, Lou Meng Cheong, Jian Wen Wu, Yan Zhang, Michael Raymont and George Dorin as directors of the company to serve until the close of the next annual meeting of shareholders of the company or until their successors are elected or appointed; to appoint Thompson Penner & Lo LLP as the auditors of the company for the financial year ending April 30, 2014; to consider, and, if deemed appropriate, to pass, an ordinary resolution reapproving the company's Stock Option Plan, as described in the accompanying Information Circular; and to transact such other business as may properly come before the Meeting or any adjournment or postponement thereof.
China Keli Electric Co., Ltd. Announces Earnings Results for the First Quarter Ended July 31, 2013
Oct 1 13
China Keli Electric Co. Ltd. announced earnings results for the first quarter ended July 31, 2013. For the three months ended July 31, 2013, total revenue was $5,344,191, an increase of 11.9% over the first quarter of 2013 of $4,776,872. The installation service business continues to drive the majority of revenue increases. As a result, the company's net profit was $254,972 in the first quarter of 2014 compared to $289,446 in the first quarter of 2013. Basic and diluted earnings per share (EPS) were $0.003 compared with $0.003 in the first quarter of 2013. The decreased net profit was primarily due to decreased gross profit and increase finance expense. EBITDA was $622,049 in the first quarter of 2014, an increase of 4.0% over the first quarter of 2013 at $582,203. After accounting for an unrealized foreign exchange translation gain of $420,869, the company reported total comprehensive income of $675,841 in the first quarter of 2014, compared with total comprehensive income of $355,615 in the first quarter of 2013.
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