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hoifu energy group ltd (7) Details

Hoifu Energy Group Limited, together with its subsidiaries, is engaged in the trading of natural resources and petrochemicals; oil and gas exploration and production; and the provision of financial services. The company operates through three segments: Trading Business; Mineral Mining, Oil and Gas Business, and Financial Business. The Trading Business segment sells natural resources and petrochemicals in the People’s Republic of China and Hong Kong. The Mineral Mining, Oil and Gas Business segment explores for and produces mineral, oil, and gas. It mines minerals in Kenya and produces oil and gas in Egypt, Tunisia, and Madagascar. The Financial Business segment provides financial services, including stock broking, futures and options broking, mutual funds, insurance-linked investment plans, and corporate financial services and immigration consultancy services, securities margin financing, and money lending in Hong Kong. The company was formerly known as Karl Thomson Holdings Limited and changed its name to Hoifu Energy Group Limited in January 2013. The company was founded in 1989 and is headquartered in Sheung Wan, Hong Kong. Hoifu Energy Group Limited is a subsidiary of Triumph Energy Group Limited.

105 Employees
Last Reported Date: 04/29/14
Founded in 1989

hoifu energy group ltd (7) Top Compensated Officers

Managing Director, Executive Director and Mem...
Total Annual Compensation: $1.2M
Chairman and Chairman of Nomination Committee
Total Annual Compensation: $3.0M
Co-Founder and Executive Director
Total Annual Compensation: $2.8M
Co-Founder and Executive Director
Total Annual Compensation: $984.0K
Deputy Chairman
Total Annual Compensation: $3.1M
Compensation as of Fiscal Year 2013.

hoifu energy group ltd (7) Key Developments

Hoifu Energy Group Limited, Annual General Meeting, Jun 20, 2014

Hoifu Energy Group Limited, Annual General Meeting, Jun 20, 2014., at 11:00 China Standard Time. Location: Units 1910­12, 19th Floor, China Merchants Tower. Agenda: To receive and consider the audited financial statements and the reports of the directors and the auditor for the year ended December 31, 2013; to re-elect the independent non-executive director; to re-appoint Elite Partners CPA Limited as auditor of the company and authorize the directors to fix their remuneration; to consider all the powers of the company to allot, issue and deal with additional shares in the capital of the company; to consider all powers of the company to repurchase the shares of the company; and to consider aggregate nominal value of the number of shares in the capital of the company which are repurchased by the company.

Hoifu Energy Group Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Hoifu Energy Group Limited announced audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported revenue of HKD 562,886,000 against HKD 18,974,000 a year ago. Loss before taxation was HKD 20,011,000 against HKD 19,995,000 a year ago. Loss for the year attributable to owners of the company was HKD 21,471,000 against HKD 21,265,000 a year ago. Basic loss per share was HKD 0.0147 against HKD 0.0281 a year ago. The significant increase in overall revenue was mainly attributable to new trading business for sales of natural resources and petrochemicals which brought additional revenue to the Company in the current year, with trading revenue amounting to HKD 537,326,000 (2012: Nil).

Hoifu Energy Group Limited to Report Fiscal Year 2013 Results on Mar 28, 2014

Hoifu Energy Group Limited announced that they will report fiscal year 2013 results on Mar 28, 2014

 

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