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cst mining group ltd (985) Details

CST Mining Group Limited, an investment holding company, engages in the acquisition, exploration, development, and mining of copper and other mineral resources. The company owns 100% interest in Lady Annie, a copper mine, which is located in Queensland, Australia. It is also involved in trading securities; and investing in available-for-sale investments and convertible notes, as well as in properties letting activities. In addition, the company provides secretarial services; and engages in the vessel holding business. It also has operations in the People’s Republic of China, Hong Kong, and Singapore. The company was formerly known as China Sci-Tech Holdings Limited. CST Mining Group Limited is headquartered in Wanchai, Hong Kong.

213 Employees
Last Reported Date: 06/23/14

cst mining group ltd (985) Top Compensated Officers

Chairman, Chairman of Nomination Committee an...
Total Annual Compensation: $6.2M
Chief Financial Officer and Executive Directo...
Total Annual Compensation: $355.0K
Executive Director
Total Annual Compensation: $332.0K
Executive Director
Total Annual Compensation: $198.0K
Executive Director
Total Annual Compensation: $181.0K
Compensation as of Fiscal Year 2013.

cst mining group ltd (985) Key Developments

CST Mining Group Limited Announces Audited Consolidated Earnings Results for the Year Ended March 31, 2014

CST Mining Group Limited announced audited consolidated earnings results for the year ended March 31, 2014. For the year, the company reported revenue of $156,670,000 against $172,340,000 a year ago. Loss before taxation was $70,288,000 against profit before taxation of $201,146,000 a year ago. Loss profit for the year attributable to owners of the company was $61,744,000 or 0.23 cents basic and diluted per share against profit for the year attributable to owners of the company of $119,675,000 or 0.44 cents basic and diluted per share a year ago. The slight decline in revenue was largely driven by a decrease in the operating revenue at Lady Annie Operations, which fell from approximately $167.61 million to approximately $151.86 million, representing a decrease of approximately 9.40% over the Year. Decrease in the market price of copper is the main reason behind the decrease in revenue. This decrease in revenue combined with an increase in the cost of sales driven largely by increases in the costs of direct materials and depreciation expenses for the Year, resulted in a significant reduction in gross profit for the year.

CST Mining Group Limited to Report Fiscal Year 2014 Results on Jun 23, 2014

CST Mining Group Limited announced that they will report fiscal year 2014 results on Jun 23, 2014

CST Mining Group Limited, Board Meeting, Jun 23, 2014

CST Mining Group Limited, Board Meeting, Jun 23, 2014., at 10:30 China Standard Time. Agenda: To consider and approve final results of the company and its subsidiaries for the financial year ended March 31, 2014; and to transact any other business.

 

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