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cosmopolitan intl hldgs (120) Details

Cosmopolitan International Holdings Limited, an investment holding company, is engaged in the investment and development of properties primarily in Hong Kong. It operates through Securities Trading, and Property Investment and Development segments. The company’s property portfolio primarily comprises duplex apartments and car parking spaces. It is also involved in trading equity and debt securities; and land re-forestation activities, as well as provision of management services. The company is headquartered in Causeway Bay, Hong Kong.

107 Employees
Last Reported Date: 04/29/14

cosmopolitan intl hldgs (120) Top Compensated Officers

Executive Director, Member of Remuneration Co...
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2013.

cosmopolitan intl hldgs (120) Key Developments

Cosmopolitan International Holdings Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Cosmopolitan International Holdings Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2014. Negative revenue was HKD 529,000, compared to revenue of HKD 3,383,000 for the six months ended September 30, 2013. Operating loss was HKD 42,618,000, compared to HKD 8,552,000 for the six months ended September 30, 2013. Loss for the period attributable to equity holders of the parent was HKD 78,052,000 or 3.55 cents per basic and diluted share, compared to HKD 45,336,000 or 3.59 cents per basic and diluted share for the six months ended September 30, 2013. Net asset value per ordinary share attributable to equity holders of the parent was HKD 0.51 as on June 30, 2014 compared to HKD 0.57 as on December 31, 2013. The loss incurred for the period under review was largely attributable to the non-capitalised interest accruing on the consideration payable for the development project in Chengdu acquired in September 2013. Net cash flows used in operating activities during the period under review amounted to HKD 118.1 million compared to HKD 31.0 million for the six months ended 30th September, 2013.

Cosmopolitan International Holdings Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Cosmopolitan International Holdings Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2014. Negative revenue was HKD 529,000, compared to revenue of HKD 3,383,000 for the six months ended September 30, 2013. Operating loss was HKD 42,618,000, compared to HKD 8,552,000 for the six months ended September 30, 2013. Loss for the period attributable to equity holders of the parent was HKD 78,052,000 or 3.55 cents per basic and diluted share, compared to HKD 45,336,000 or 3.59 cents per basic and diluted share for the six months ended September 30, 2013. Net asset value per ordinary share attributable to equity holders of the parent was HKD 0.51 as on June 30, 2014 compared to HKD 0.57 as on December 31, 2013. The loss incurred for the period under review was largely attributable to the non-capitalised interest accruing on the consideration payable for the development project in Chengdu acquired in September 2013. Net cash flows used in operating activities during the period under review amounted to HKD 118.1 million compared to HKD 31.0 million for the six months ended 30th September, 2013.

Cosmopolitan International Holdings Ltd. to Report First Half, 2014 Results on Aug 04, 2014

Cosmopolitan International Holdings Ltd. announced that they will report first half, 2014 results on Aug 04, 2014

 

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