Last $0.02 SGD
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Symbol
Exchange
Singapore
As of 9:38 PM 10/14/14 All times are local (Market data is delayed by at least 15 minutes).

china great land holdings lt (CGL) Snapshot

Open
$0.02
Previous Close
$0.02
Day High
$0.02
Day Low
$0.02
52 Week High
01/20/14 - $0.02
52 Week Low
05/12/14 - $0.0070
Market Cap
2.6M
Average Volume 10 Days
0.0
EPS TTM
$0.03
Shares Outstanding
170.0M
EX-Date
--
P/E TM
2.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA GREAT LAND HOLDINGS LT (CGL)

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china great land holdings lt (CGL) Details

China Great Land Holdings Ltd., an investment holding company, manufactures and sells pre-stressed high strength concrete (PHC) piles in the People’s Republic of China. Its PHC piles are used in industrial and civil construction primarily in the areas with soft soil near water regions. The company also provides piling services for construction projects, as well as manufactures and sells aerated bricks. It principally serves property developers and government bodies. The company is based in Haikou, the People’s Republic of China.

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china great land holdings lt (CGL) Key Developments

China Great Land Holdings Ltd. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

China Great Land Holdings Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported revenue from continuing operations was RMB 2.903 million against RMB 0.872 million a year ago. Profit before tax from continuing operations was RMB 1.669 million against RMB 6.938 million a year ago. Profit for the period attributable to equity holders of the parent from continuing operations was RMB 1.631 million or RMB 0.010 per share against RMB 6.892 million or RMB 0.041 per share a year ago. Loss before tax was RMB 25.348 million against RMB 1.351 million a year ago. Net cash flows used in from operating activities was RMB 0.895 million against net cash flows generated from operating activities of RMB 2.457 million a year ago. Purchase of property, plant and equipment was RMB 0.003 million. Loss per share was RMB 0.149 against RMB 0.008 a year ago. Loss was RMB 25.3 million against RMB 1.4 million a year ago. Operating income from continuing operations reduced from RMB 12.9 million to RMB 3.5 million. This was due to reversal of impairment of accounts receivables of about RMB 11.3 million due to collection received and disposal gain of fixed asset of RMB 3.4 million registered a year ago compared to RMB 3.3 million of AR impairment reversal in first half of 2014.

China Great Land Holdings Ltd. Announces Executive Changes

The board of directors of China Great Land Holdings Ltd. announced the resignation of Ms. Diana Seah Yen Goon as the Chief Financial Officer of the company with effect from June 30, 2014. The company appointed Leow Yong Kin, Louis as Chief Financial Officer, effective on July 1, 2014. June 2014 to present, he worked as Independent Director of Foreland Fabrictech Holdings Limited.

China Great Land Holdings Ltd. Announces Unaudited Group Earnings Results for the Year Ended December 31, 2013

China Great Land Holdings Ltd. announced unaudited group earnings results for the year ended December 31, 2013. For the period, the company reported revenue of RMB 13,412,000 against RMB 14,048,000 a year ago. Profit from continued operations before income tax was RMB 3,289,000 against loss from continued operations before income tax of RMB 52,814,000 a year ago. Loss attributable to the parent was RMB 30,756,000 against RMB 117,130,000 a year ago. Profit from continued operations was RMB 1,225,000 against loss from continued operations of RMB 52,814,000 a year ago. Net cash flows used in operating activities was RMB 32,681,000 against RMB 16,140,000 a year ago. Purchase of property, plant and equipment was RMB 2,317,000 against RMB 1,314,000 a year ago. Net asset value per share was RMB 0.74 as on December 31, 2013 against RMB 0.56 as on December 31, 2012. The Group registered a lower loss compared to last year same period. The improvement was the result of efforts taken to cut losses and in the collection of overdue receivables. The dip in revenue was due mainly to weak demand in the construction engineering related services sector coupled by intense competition.

 

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