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fih mobile ltd -unsp adr (FXCNY) Snapshot

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09/6/13 - $14.17
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fih mobile ltd -unsp adr (FXCNY) Details

FIH Mobile Limited, an investment holding company, provides integrated manufacturing services for the handset industry worldwide. The company designs, manufactures, assembles, imports, exports, and distributes handsets, as well as offers repair services. It is also involved in the research and development, and project management activities. The company was formerly known as Foxconn International Holdings Limited and changed its name to FIH Mobile Limited in May 2013. The company was incorporated in 2000 and is headquartered in Langfang, the People’s Republic of China. FIH Mobile Limited is a subsidiary of Foxconn (Far East) Limited.

63,499 Employees
Last Reported Date: 04/15/14
Founded in 2000

fih mobile ltd -unsp adr (FXCNY) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $1.1M
Chairman and Director of Investments & Invest...
Total Annual Compensation: $445.0K
Director of Mechanical Production, Executive ...
Total Annual Compensation: $340.0K
Compensation as of Fiscal Year 2013.

fih mobile ltd -unsp adr (FXCNY) Key Developments

FIH Mobile Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ending June 30, 2014

FIH Mobile Limited provided unaudited consolidated earnings guidance for the six months ending June 30, 2014. For the six months, the company announced that based on a preliminary review of the unaudited management accounts of the group and other information currently available, it expects the unaudited consolidated interim results of the group for the six months ending June 30, 2014 to record a consolidated net profit which is expected to be moderately higher than the group's unaudited consolidated net profit of USD 17,235,000 for the first half of 2013. The company understands that the expected consolidated net profit of the group for the six months ending June 30, 2014 is primarily attributable to the continuous improvement in the group's gross profit margins principally as a result of the corresponding improvement in the group's yield and operation efficiency, as well as tighter control of the group's cost of sales and general and administrative expenses and optimization of its research and development resources.

FIH Mobile Limited, Annual General Meeting, May 29, 2014

FIH Mobile Limited, Annual General Meeting, May 29, 2014., at 10:00 China Standard Time. Location: Luxembourg Room, 3/F.. Agenda: To receive and consider the audited consolidated financial statements and its subsidiaries for the year ended 31 December 2013 together with the reports of the directors and the independent auditors thereon; to re-elect directors and authorise the board of directors to fix his remuneration; to re-appoint auditors and authorise the board of directors to fix their remuneration; to buy-back shares of the company; to allot, issue and deal with additional shares and to make or grant offers, agreements, options (including bonds, warrants and debentures or other securities exchangeable for or convertible into Shares) and rights of exchange or conversion; and to allot, issue and deal with any additional shares is hereby extended by the addition thereto of the total nominal amount of Shares which may be bought-back.

FIH Mobile Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013

FIH Mobile Limited reported audited consolidated earnings results for the year ended December 31, 2013. For the period, the company reported turnover of USD 4,996,949,000 compared to USD 5,239,800,000 a year ago. Profit before tax was USD 100,944,000 compared to loss before tax of USD 330,436,000 a year ago. Profit for the year was USD 77,284,000 compared to loss for the year of USD 316,067,000 a year ago. Profit attributable to owners of the company was USD 77,284,000 compared to loss attributable to owners of the company of USD 316,067,000 a year ago. Basic and diluted earnings per share were 1.04 cents compared to basic and diluted loss per share of 4.33 cents a year ago. Operating profit improved to USD 129 million in 2013 from operating loss of USD 218 million in 2012, increased by USD 347 million year-on-year. Net cash from operating activities was USD 232 million. Expenditures on property, plant and equipment was USD 104 million.


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