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china flexible packaging hld (CFLX) Details

China Flexible Packaging Holdings Limited, an investment holding company, manufactures and sells plastic packaging films, synthetic papers, and high barrier films in the People’s Republic of China. The company offers various biaxially oriented polypropylene films, including high shrinkage films, such as labeling films and tobacco films; and low shrinkage films comprising pearlised films, matt films, and plain films for printing, lamination, and coating applications. It also produces synthetic paper that is used in commercial packaging, printing, food, medical, and cosmeceutical industries; and five-layer high barrier films for use in the vacuum packing of meat products. The company markets its products to industries that require various types of plastic packaging materials, such as food processing, tobacco, and other light industries involving labeling, printing, and gift wrapping. China Flexible Packaging Holdings Limited was founded in 1990 and is based in Jieyang, the People's Republic of China.

Founded in 1990

china flexible packaging hld (CFLX) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: CNY970.0K
Compensation as of Fiscal Year 2013.

china flexible packaging hld (CFLX) Key Developments

China Flexible Packaging Holdings Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended January 31, 2014; Provides Earnings Guidance for the Second Quarter of 2014

China Flexible Packaging Holdings Limited reported unaudited consolidated earnings results for the first quarter ended January 31, 2014. For the quarter, the company reported revenue of CNY 137,879,000 against CNY 134,921,000 a year ago. The increase was mainly contributed by the favorable change in product mix where the sales of high profit margin products improved, yielding an improved average selling price and higher revenue compared with the last corresponding period. Loss before taxation was CNY 12,040,000 against CNY 45,310,000 a year ago. Net loss for the period was CNY 12,040,000 against CNY 45,310,000 a year ago. Net cash generated from operating activities was CNY 7,580,000 against CNY 54,059,000 a year ago. Loss per basic ordinary share was CNY 0.025 against 0.093 per share a year ago. The net cash inflow was mainly attributable to the cash generated from the settlement of accounts receivables amounted to CNY 26.1 million. The company announced that the group's result for second quarter of 2014 is expected to report an operating loss.

China Flexible Packaging Holdings Limited Appoints Li Weihuas as Executive Director, Effective Mar. 15, 2014

China Flexible Packaging Holdings Limited board of directors concurs with the recommendation of the nominating committee and is of the view that based on Li Weihuas qualification and work experience appointed as executive director, effective Mar. 15, 2014. From Jan. 1999 to present, he worked as Assistant of the Chairman, Jieyang City Yuntong Plastic Packaging Company Limited.

China Flexible Packaging Holdings Limited Announces The Resignation of Wong Tung Leung as Executive Director of the Company with Effect from March 1, 2013

China Flexible Packaging Holdings Limited announced that resignation of Wong Tung Leung as executive director of the company with effect from March 1, 2013.


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