Last $3.28 HKD
Change Today -0.02 / -0.61%
Volume 622.1K
As of 4:01 AM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

ports design ltd (589) Snapshot

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52 Week High
11/26/13 - $6.43
52 Week Low
08/4/14 - $3.20
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Current Stock Chart for PORTS DESIGN LTD (589)

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ports design ltd (589) Details

Ports Design Limited, a vertically integrated international fashion and luxury goods company, together with its subsidiaries, is engaged in the design, manufacture, wholesale, export, and retail distribution of ladies and men’s fashion garments. The company operates through two segments, Retail and Others. It also provides accessories, such as shoes, handbags, eyewear, scarves, and fragrances. The company offers its products under the Ports International, Ports 1961, BMW Lifestyle, Armani Collezioni, Armani Jeans, Ferrari, and Versace brand names. As of December 31, 2013, it operated 352 retail stores in the People’s Republic of China, Hong Kong, Macau, the U.S., and Canada. Ports Design Limited was founded in 1961 and is headquartered in Xiamen, the People’s Republic of China.

5,000 Employees
Last Reported Date: 04/28/14
Founded in 1961

ports design ltd (589) Top Compensated Officers

Founder, Chief Executive Officer, Managing Di...
Total Annual Compensation: CNY790.0K
Executive Vice President and Executive Direct...
Total Annual Compensation: CNY738.0K
Compensation as of Fiscal Year 2013.

ports design ltd (589) Key Developments

Ports Design Ltd. Announces Executive Changes

The board of Ports Design Limited announced that Mr. Ian Hylton has tendered his resignation as a non-executive director and Mr. He Kun has been appointed as an executive director with effect from July 21, 2014. Mr. He Kun, aged 43, has been the financial controller of the Group since 1995. He is responsible for budget control and financial reporting of the Group.

Ports Design Limited Provides Group Earnings Guidance for the Six Months Ended June 30, 2014

Ports Design Limited provided group earnings guidance for the six months ended June 30, 2014. The board of the company announced that it is expected that the Group's profit for the six months ended June 30, 2014 will decline notably as compared with that for the corresponding period in 2013. Such decline is primarily attributable to a decrease in turnover resulting from a weak retail sentiment and increase in rental expenses.

Ports Design Ltd., Annual General Meeting, May 29, 2014

Ports Design Ltd., Annual General Meeting, May 29, 2014., at 10:30 China Standard Time. Location: Suite 3310­11, Tower 1, Times Square. Agenda: To receive and consider the audited financial statements and the directors' report and independent auditor's report for the year ended December 31, 2013; to re-elect directors of the company; to authorize the board of directors of the company to fix their remuneration; to re-appoint KPMG as auditors of the company and to authorize the board to fix their remuneration; and to consider the other resolutions.


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Valuation 589 Industry Range
Price/Earnings 4.9x
Price/Sales 0.7x
Price/Book 0.7x
Price/Cash Flow 4.9x
TEV/Sales NM Not Meaningful

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