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sparkle roll group ltd (970) Details

Sparkle Roll Group Limited, an investment holding company, engages in the trading, distribution, and dealership of luxury automobiles, watches, jewelry, and fine wines primarily in Mainland China and Hong Kong, and Malaysia. The company distributes cars of various brands, including Bentley, Lamborghini, and Rolls-Royce; Richard Mille, DeWitt, Parmigiani, and deLaCour BiTourbillon branded watches; and Boucheron and Royal Asscher branded jewelry. It also offers fine red wines of various brands comprising DUCLOT EXPORT, Domaine d’Eugénie, Maison Joanne Bordeaux, Ulysse Cazabonne, Compagnie Medocaine Des Grands Crus, and Chateau D’Yquem; and luxury timepieces of Buben & Zorweg brand. In addition, the company provides automobile related parts and accessories; and after-sale services. Further, it offers management, consultancy, public relation and marketing, and advertising services; transportation and storage services; and culture and art exchange activities services. Additionally, the company is involved in the trading of artwork; sales and distribution of audio and visual consumer electronics products; and property investment activities. The company was formerly known as Jade Dynasty Group Limited and changed its name to Sparkle Roll Group Limited in August 2008. Sparkle Roll Group Limited is based in Wanchai, Hong Kong.

497 Employees
Last Reported Date: 12/6/13

sparkle roll group ltd (970) Top Compensated Officers

Chairman, Chief Strategic Officer and Member ...
Total Annual Compensation: $1.9M
Compensation as of Fiscal Year 2013.

sparkle roll group ltd (970) Key Developments

Sparkle Roll Group Limited Provides Profit Guidance for the Year Ending 31 March 2014

The Board of Sparkle Roll Group Limited announced that the group is expected to record a net profit for the financial year ending 31 March 2014 but would still be substantially less than the net profit for the financial year ended 31 March 2013.

Sparkle Roll Group Limited Presents at UBS Global Emerging Markets One-on-One Conference, Dec-03-2013

Sparkle Roll Group Limited Presents at UBS Global Emerging Markets One-on-One Conference, Dec-03-2013 . Venue: The Waldorf=Astoria, 301 Park Avenue, New York, NY 10022, United States.

Sparkle Roll Group Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2013; Omits to Pay Interim Dividend for the Six Months Ended September 30, 2013

Sparkle Roll Group Limited announced unaudited consolidated earnings results for the six months ended September 30, 2013. For the period, the company reported revenue was HKD 1,526,346,000 against HKD 1,541,476,000 a year ago. Operating loss was HKD 3,487,000 against profit of HKD 72,756,000 a year ago. Loss before income tax was HKD 18,846,000 against profit of HKD 62,409,000 a year ago. Loss attributable to owners of the company was HKD 18,718,000 against profit of HKD 59,844,000 a year ago. Diluted loss per share was 0.63 cents against earnings of 2.01 cents a year ago. Such loss was mainly due to a significant decrease in gross profit margin of automobile dealerships business of the group, decrease in revenue of the watches & jewelleries due to weak market demand and in gross profit margin of watches & jewelleries business as a result of sales promotion and a substantial drop in sales of top fine wines although sales of private label wine, Ex-Chateaux, improved. The board has resolved not to recommend the payment of an interim dividend for the six months ended September 30, 2013 against 0.2 cents per share a year ago.


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