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hong kong resources holdings (2882) Details

Hong Kong Resources Holdings Company Limited, an investment holding company, engages in the retail and franchise of gold and jewelry products in Mainland China, Hong Kong, and Macau. The company offers diamonds, gold, K gold, pearls, jade products, and platinum, as well as silver. As of June 30, 2014, it operated 5 points-of-sale in Hong Kong; 4 points-of-sale in Macau; and 402 points-of-sale in Mainland China, which include 105 self operated points-of-sale and 297 licensee points-of-sale under the 3D-GOLD brand name. The company is also involved in jewelry design under the 3D-GOLD brand; trading precious metal related products; online marketing and E-commerce business; rental holding activities; holding trademarks; and providing management services. Hong Kong Resources Holdings Company Limited is headquartered in Hunghom, Hong Kong.

1,742 Employees
Last Reported Date: 10/23/14

hong kong resources holdings (2882) Top Compensated Officers

Executive Chairman, Member of Nomination Comm...
Total Annual Compensation: $6.1M
Chief Financial Officer, Executive Director, ...
Total Annual Compensation: $2.5M
Group Director of Administration, Executive D...
Total Annual Compensation: $1.8M
Group Vice President, Executive Director and ...
Total Annual Compensation: $2.1M
Compensation as of Fiscal Year 2014.

hong kong resources holdings (2882) Key Developments

Hong Kong Resources Holdings Company Limited, Annual General Meeting, Dec 05, 2014

Hong Kong Resources Holdings Company Limited, Annual General Meeting, Dec 05, 2014., at 09:30 China Standard Time. Location: Units 1701-11, 17/F., Peninsula Square. Agenda: To receive and adopt the audited financial statements and the reports of the Directors and the auditors of the company for the year ended 30 June 2014; to re-elect the retiring Directors and authorize the Board of Directors to fix the remuneration of the Directors; and to re-appoint auditors of the company and authorize the Board of Directors to fix their remuneration.

Hong Kong Resources Holdings Company Limited Reports Audited Consolidated Earnings Results for the Year Ended June 30, 2014

Hong Kong Resources Holdings Company Limited reported audited consolidated earnings results for the year ended June 30, 2014. For the period, the company reported turnover of HKD 1,561,659,000 compared to HKD 2,886,550,000 a year ago. Loss from operations was HKD 141,377,000 compared to HKD 23,527,000 a year ago. Loss before taxation was HKD 200,293,000 compared to HKD 107,054,000 a year ago. Loss for the year was HKD 192,009,000 compared to HKD 115,802,000 a year ago. Loss for the year attributable to owners of the company was HKD 184,126,000 or HKD 0.059 per basic and diluted share compared to HKD 100,554,000 or HKD 0.046 per basic and diluted share a year ago. Capital expenditure in respect of property, plant and equipment contracted for but not provided in the consolidated financial statements was HKD 2,147,000 compared to HKD 5,375,000 a year ago.

Hong Kong Resources Holdings Company Limited Provides Consolidated Earnings Guidance for the Year Ended June 30, 2014

Hong Kong Resources Holdings Company Limited provided consolidated earnings guidance for the year ended June 30, 2014. The group is expected to record an increase in the net loss for the year ended June 30, 2014 as compared to the corresponding year in 2013. The increase in loss of the group for the year ended June 30, 2014 was in line with that of the interim results of the group for the six months ended December 31, 2013 and was primarily attributable to worsening of the business conditions and the downturn in the economic growth in the Mainland China during the year 2014 that resulted in decline in turnover and gross profit.

 

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