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scmp group ltd (583) Details

SCMP Group Limited, an investment holding company, engages in publishing, printing, and distributing newspapers, magazines, books, and other related print and digital publications in Hong Kong. The company operates in three segments: Newspaper, Magazine, and Property. The Newspaper segment publishes South China Morning Post, Sunday Morning Post, and other related print and digital publications. The Magazine segment engages in the publication of various magazines in Chinese language, which include Cosmopolitan, Harper’s Bazaar, and CosmoGirl! magazines. The Property segment holds various commercial and industrial properties. It also owns advertising billboards for outdoor advertising. The company also operates scmp.com, a news site; smartjob.com, a mid-tier recruitment site; EducationPost.com.hk, an education listings portal; and LuxeHomes.com, a property listing site. In addition, it engages in the provision of consulting and advisory services, as well as acts as an advertising and employment agent. The company was founded in 1903 and is headquartered in New Territories, Hong Kong. SCMP Group Limited is a subsidiary of Kerry Media Limited.

Founded in 1903

scmp group ltd (583) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $7.3M
Executive Director, Chairman of Strategy Comm...
Total Annual Compensation: $1.0M
Compensation as of Fiscal Year 2012.

scmp group ltd (583) Key Developments

SCMP Group Ltd. Announces Financial Results for the Year Ended December 31, 2012

SCMP Group Ltd. announced financial results for the year ended December 31, 2012. For the period, the company's group revenue rose 8% from $946.1 million in 2011 to $1019.6 million in 2012, driven largely by new revenue sources, including the newly acquired Elle magazine and the contract printing opportunity, and higher revenue contribution from the Magazine publishing business. Net profit attributable to shareholders declined by 20% from $409.9 million to $329.1 million, with profit and earnings from normal operations largely impacted by increased investment in new digital products, as well as the increase in costs associated with the new Elle acquisition and the new contract printing business. Net profit declined by 19% to $97.5 million in 2012 from $120.5 million in 2011, again due to an increase in costs and investments. Net profit from normal operations decreased 8% from $172.2 million to $158.4 million in 2012. Earnings per share was 21.1 cents, reflecting a 20% decrease from 26.3 cents in 2011.

SCMP Group Ltd. Recommends Final Dividend for the Year Ended December 31, 2012 Payable on June 14, 2013

SCMP Group Ltd. announced that the directors recommend to pay a final dividend of 4.5 Hong Kong cents per share against 4 Hong Kong cents per share last year. This final dividend, together with the interim dividend of 3 Hong Kong cents per share, will make a total dividend of 7.5 Hong Kong cents per share for the year ended December 31, 2012 against 8 Hong Kong cents per share last year. The proposed final dividend, if approved, will be paid on June 14, 2013 to shareholders whose names appear on the register of members of the company on June 6, 2013. All transfers of shares accompanied by the relevant share certificates must be lodged with the company's Hong Kong branch share registrars, Computershare Hong Kong Investor Services Limited of Room no. 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Hong Kong for registration not later than 4:30 p.m. on June 4, 2013 so as to qualify for the proposed final dividend, if approved at the AGM. The proposed final dividend distribution of HKD 70,248,000 for the year ended December 31, 2012 is to be paid out of the company's retained profits.

SCMP Group Ltd. to Report Fiscal Year 2012 Results on Mar 25, 2013

SCMP Group Ltd. announced that they will report fiscal year 2012 results on Mar 25, 2013

 

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Valuation 583 Industry Range
Price/Earnings 9.2x
Price/Sales 3.0x
Price/Book 1.0x
Price/Cash Flow 7.9x
TEV/Sales 2.6x
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