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china essence group ltd (CESS) Details

China Essence Group Ltd., together with its subsidiaries, engages in the manufacture, marketing, and sale of potato-based food products in the People’s Republic of China. The company produces potato starch for food processing and catering, pharmaceuticals, and oil and mining industries, as well as for manufacturing paper, adhesives, textiles, and building materials; potato starch-based products, including starch strips, vermicelli, and five-grain noodles; and modified potato starch for textile, paper, adhesives, oil and mining, food, pharmaceutical and personal care, and cosmetics industries. It also provides potato by-products comprising potato protein, an additive for a range of food applications, such as animal feed, dairy products, seafood, processed meat, sauces, beverages, and snacks; and potato fiber, an animal feed product. The company offers its potato-based food products under the Songtian, Dongbei, and Buffalo brand names; and animal feed products under the Si Le Kang and Si Le Zhuang brand names. It markets its products through a network of distributors, as well as sells directly to food and noodle manufacturers and farmers. China Essence Group Ltd. was founded in 2001 and is headquartered in Daqing, the People’s Republic of China.

Founded in 2001

china essence group ltd (CESS) Top Compensated Officers

Co-Founder, Executive Chairman and Chief Exec...
Total Annual Compensation: $194.3K
General Manager of Production and Executive D...
Total Annual Compensation: $48.6K
Compensation as of Fiscal Year 2014.

china essence group ltd (CESS) Key Developments

China Essence Group Ltd. Reports Unaudited Group Earnings Results for the First Quarter Ended June 30, 2014

China Essence Group Ltd. reported unaudited group earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported loss from operations of RMB 465,300,000 against RMB 12,960,000 a year ago. Loss for the period was RMB 481,212,000 against RMB 27,287,000 a year ago. Net cash used in operating activities was RMB 612,000 against net cash generated from operating activities of RMB 38,936,000 a year ago. Basic and diluted loss per share was RMB 1.227 against RMB 0.070 a year ago.

China Essence Group Ltd. Provides Earnings Guidance for the First Quarter Ended June 30, 2014

China Essence Group Ltd. provided earnings guidance for the first quarter ended June 30, 2014. For the quarter, the group expects to register a net loss and is expected to report a significant loss mainly due to the impairment of property, plant and equipment and impairment of trade receivables.

China Essence Group Ltd. to Report Q1, 2015 Results on Aug 14, 2014

China Essence Group Ltd. announced that they will report Q1, 2015 results After-Market on Aug 14, 2014


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