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bestway intl holdings ltd (718) Details

Bestway International Holdings Limited, an investment holding company, engages in the trade of cotton yarn in the People's Republic of China. It is also involved in mining and exploitation of natural resources in Mongolia. The company is headquartered in Hong Kong, Hong Kong.

11 Employees
Last Reported Date: 06/29/14

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bestway intl holdings ltd (718) Key Developments

Bestway International Holdings Limited Announces Management Changes

The board of directors of Bestway International Holdings Limited announced that Mr. Ha Wing Ho, Peter has tendered his resignation as an executive Director and authorised representative of the company with effect from 11 July 2014 due to devotion to his personal career development; Mr. Mung Bun Man, Alan, an executive Director, has been appointed as authorised representative of the company with effect from 11 July 2014; Mr. Hu Yebi has been elected as an executive Director and as the Chairman with effect from 11 July 2014; and Mr. Liu Xueheng has been appointed as an executive Director and Chief Executive Officer with effect from 11 July 2014. Mr. Hu is the founder and chairman of Vision Finance Group Limited, the holding company of Vision Finance International Company Limited, from 1 July 2006 to present. Mr. Liu entered into an appointment letter with the company on 11 July 2014 for an initial term of one year commencing from 11 July 2014.

Bestway International Holdings Limited Announces Audited Consolidated Earnings Results for the Year Ended March 31, 2014

Bestway International Holdings Limited announced audited consolidated earnings results for the year ended March 31, 2014. For the year, the company reported revenue of HKD 2,255,000 compared to HKD 524,000 a year ago. Loss before taxation was HKD 6,894,000 compared to HKD 8,957,000 a year ago. Loss for the period was HKD 6,894,000 or 0.85 cents per basic and diluted share compared to HKD 8,957,000 or 1.21 cents per basic and diluted share a year ago. The decrease in the loss was mainly due to the increase in the Group's revenue and the decrease in administrative expenses.

Bestway International Holdings Limited to Report Fiscal Year 2014 Results on Jun 27, 2014

Bestway International Holdings Limited announced that they will report fiscal year 2014 results on Jun 27, 2014

 

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718

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Valuation 718 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 273.9x
Price/Book 1.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 314.0x
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