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Volume 2.4M
103 On Other Exchanges
Hong Kong
As of 4:01 AM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

shougang concord century hld (103) Snapshot

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shougang concord century hld (103) Details

Shougang Concord Century Holdings Limited, an investment holding company, manufactures and sells steel cords for use in radial tires in the People’s Republic of China, Hong Kong, the United States, Japan, and South Korea. The company is also involved in the processing and trading of copper and brass products; and manufacturing of sawing wires. In addition, it invests in properties and trades in metals, as well as provides management services. The company is based in Wanchai, Hong Kong. Shougang Concord Century Holdings Limited is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange.

2,352 Employees
Last Reported Date: 04/14/14

shougang concord century hld (103) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: $2.6M
Chairman, Chairman of Nomination Committee an...
Total Annual Compensation: --
Deputy Managing Director and Executive Direct...
Total Annual Compensation: $2.0M
Compensation as of Fiscal Year 2013.

shougang concord century hld (103) Key Developments

Shougang Concord Century Holdings Ltd. Reports Audited Consolidated Cash Flow Results for the Year Ended December 31, 2013

Shougang Concord Century Holdings Ltd. reported audited consolidated cash flow results for the year ended December 31, 2013. For the period, the company reported net cash used in operating activities of HKD 87,264,000 against HKD 13,022,000 a year ago. Purchase of property, plant and equipment was HKD 9,860,000 against HKD 106,277,000 a year ago.

Shougang Concord Century Holdings Ltd. Announces Consolidated Earnings Results for the Full Year Ended December 31, 2013; Provides Earnings Guidance for the Full Year of 2014

Shougang Concord Century Holdings Ltd. announced consolidated earnings results for the full year ended December 31, 2013. For the period, the company reported revenues of HKD 1,857,665,000 compared with HKD 1,688,107,000 for the same period a year ago. Adjusted EBITDA was HKD 209,929,000 compared with HKD 96,661,000 for the same period a year ago. Net asset value per share was HKD 1.10 compared with HKD 1.07 for the same period a year ago. Loss before tax was HKD 5,487,000 compared with HKD 307,499,000 for the same period a year ago. Loss for the year was HKD 16,590,000 or 0.86 cents per basic and diluted share compared with HKD 299,686,000 or 15.59 cents per basic and diluted share for the same period a year ago. The company provided earnings guidance for the full year of 2014. The company is confident to achieve a turnaround in profitability in 2014, in summary, will focus on carrying out its control measures, carefully expand its client base and develop potential overseas markets, and improve its cash flow position to abate any unexpected adverse incident and uncertain global market conditions.

Shougang Concord Century Holdings Ltd. Proposes Amendments to the Memorandum and Articles of Association

Shougang Concord Century Holdings Ltd. proposed amendments to the memorandum and articles of association.


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