Last $0.60 HKD
Change Today 0.00 / 0.00%
Volume 4.0M
299 On Other Exchanges
Hong Kong
As of 4:01 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

sinocom software group ltd (299) Snapshot

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08/4/14 - $1.10
52 Week Low
08/15/14 - $0.55
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sinocom software group ltd (299) Details

SinoCom Software Group Limited, an investment holding company, provides outsourcing software development and technical support services in the People’s Republic of China and Japan. The company’s software outsourcing services include basic design, functional design, detailed design, programme testing, installation, and maintenance. It handles IT outsourcing projects that cover various fields, such as bond, finance, insurance, telecom, currency, e-business, etc. The company was founded in 1995 and is headquartered in Beijing, the People’s Republic of China. SinoCom Software Group Limited is a subsidiary of SJI (Hong Kong) Limited.

1,510 Employees
Last Reported Date: 08/18/14
Founded in 1995

sinocom software group ltd (299) Top Compensated Officers

Co-Founder, Co-Chairman, Chief Executive Offi...
Total Annual Compensation: $2.3M
Total Annual Compensation: $480.0K
Chief Operating Officer
Total Annual Compensation: $1.7M
Compensation as of Fiscal Year 2013.

sinocom software group ltd (299) Key Developments

Sinocom Software Group Limited Announces Board Changes, Effective July 31, 2014

SinoCom Software Group Limited announced that with effect from July 31, 2014, each of Mr. Li Jian and Mr. Yamamoto Yoshimasa will resign from their roles as a non-executive director and an independent non-executive director of the company respectively. The Board announced that Mr. Sasaki So has been appointed as a non- executive director with effect from July 31, 2014 and Mr. Takei Akio has been appointed as an independent non-executive director with effect from July 31, 2014. Sasaki So, is currently the manager of the President Office of SJI Inc. Currently, Mr. Takei Akio is a consultant of Y's Consulting Limited providing various business consulting and solution services to Japanese companies in Hong Kong. The Board further announced that with effect from 31 July 2014, Mr. Kotoi Hirofumi will be redesignated from an executive Director to a non-executive Director. Kotoi Hirofumi is the vice chairperson of SJI Inc.

SinoCom Software Group Limited Provides Earnings Guidance for the Six Months Ended June 30, 2014

SinoCom Software Group Limited provided earnings guidance for the six months ended June 30, 2014. It is estimated that the estimated net loss for the six months ended 30 June 2014 is significantly reduced by approximately 90% as compared with a net loss of approximately HKD 57,534,000 for the corresponding period in 2013. The estimated significant improvement in the group's estimated results is mainly due to the significant decrease in exchange loss resulted from the depreciation of Japanese Yen against reporting currency of Hong Kong Dollar.

Sinocom Software Group Limited Reports Audited Consolidated Cash Flow for the Year Ended December 31, 2013

SinoCom Software Group Limited reported audited consolidated cash flow for the year ended December 31, 2013. For the year, the company reported net cash used in operating activities of HKD 28,501,000 compared with net cash generated from operating activities of HKD 32,286,000 for the same period last year. Purchases of plant and equipment was HKD 12,698,0,000 compared with HKD 6,511,000 for the same period last year.


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