ta yang group holdings ltd (1991) Snapshot

Ta Yang Group Holdings Limited reported unaudited consolidated earnings results for the six months ended January 31, 2013. For the period, the company reported turnover was HKD 308,796,000 compared to HKD 293,828,000 for the same period last year. Loss before taxation was HKD 38,479,000 compared to HKD 16,862,000 for the same period last year. Loss for the period attributable to owners of the company was HKD 38,842,000 or 4.99 cents loss per share compared to HKD 17,084,000 or 2.19 cents loss per share for the same period last year. During the six months ended 31 January 2013, the Group acquired items of property, plant and equipment with a cost of approximately HKD 4,251,000 compared to HKD 19,992,000 for the same period last year, for the expansion of production facilities. The major contributors of the Revenues were still from keypads for consumer electronic devices, computers and notebooks which accounted for approximately 70% of total turnover. However, due to the economic uncertainties and weak demand on traditional electronic devices, their turnovers were decreased. Meanwhile, with effort on diversification of products mix, such decrease was fully compensated by the increase in sales orders from lifestyle products. With the recent popularity of use of silicone material for lifestyle products, it is believed it will become the new driving force of the Group.

Ta Yang Group Holdings Limited announced that they will report first half, 2013 results on Mar 25, 2013

Ta Yang Group Holdings Limited, Board Meeting, Mar 25, 2013., at 10:00 China Standard Time. Agenda: To consider the interim results of the company and its subsidiaries for the six months ended January 31, 2013; and to consider the payment of an interim dividend, if any.