AIR FREIGHT & LOGISTICS INDUSTRY

grand power logistics group
(GPW:Venture)

Last C$0.03 CAD

Change Today +0.005 / 20.00%

Volume 5.0K

GPW On Other Exchanges

Symbol

Exchange

GPW:CN

Venture

As of 10:49 AM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

grand power logistics group (GPW) Snapshot

Open C$0.03		Previous Close C$0.03
Day High C$0.03		Day Low C$0.03
52 Week High 01/9/13 - C$0.07		52 Week Low 12/6/12 - C$0.02
Market Cap 2.3M		Average Volume 10 Days 3.2K
EPS TTM C$-0.01		Shares Outstanding 75.5M
EX-Date --		P/E TM --
Dividend --		Dividend Yield --

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grand power logistics group (GPW) Details

Grand Power Logistics Group Inc., through its subsidiary, Grand Power Express International Limited, provides logistics solutions in the Asia Pacific Region, Europe, and North America. It offers air-freight forwarding and sea-freight, customs brokerage, logistics, warehousing and distribution, and other value added services. The company’s air-freight services include scheduled consolidation services, express cargo delivery, aircraft charters, and airport-to-airport and door-to-door services. Its ocean-freight services consist of break-bulk and container shipping, full container load and consolidation shipments, transport of general goods and specialized or restricted goods, and port-to-port and door-to-door services. The company also provides custom brokerage services comprising interpretation of related rules and regulations for customs clearance; explanation of declaration procedures, including documentation and EDI; defining tariff duties of different classifications of goods; and professional consultation on a range of freight transport declarations. Further, it offers warehousing and distribution services that support inbound and outbound logistics, as well as distribution and in-warehouse inventory control, and inventory management services; and integrated logistics services, including customized information technology solutions and online tracking of shipments services. The company was founded in 2002 and is headquartered in Kwai Chung, Hong Kong.

Detailed GPW:CN Company Description...

www.grandpowerexpress.com

Founded in 2002

grand power logistics group (GPW) Top Compensated Officers

Mr. Tong Chiu

Chairman, Chief Executive Officer and Preside...

Age: 41

Total Annual Compensation: C$98.3K

Mr. Alan P. Chan

Chief Financial Officer, Secretary, Treasurer...

Age: 62

Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2011.

grand power logistics group (GPW) Key Developments

Grand Power Logistics Group Inc. Announces Board Changes

May 8 13

Grand Power Logistics Group Inc. announced the appointment of Decky Chi Kwan Tse as a director of the Corporation effective May 8, 2013. Mr. Tse is the current Managing Director of Grand Power Express International Ltd. He has been with Grand Power Express since 2004. With Grand Power Express, Mr. Tse is responsible for the marketing, operations and strategic planning for the Corporation's operating group. In addition, the Corporation also wishes to announce that In Wai (Mike) Lam has resigned from the Corporation's board of directors effective May 8.

Grand Power Logistics Group Inc. Reports Consolidated Earnings Results for the Year Ended December 31, 2012

Apr 30 13

Grand Power Logistics Group Inc. reported consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of USD 61,336,000 compared to USD 50,980,000 a year ago. The increase in sales revenue for the year reflected the continual growth of the air freight business initiated by the corporation's expanded oversea agent network in the first quarter of 2012. Net profit was USD 770,000 compared to net loss of USD 1,653,000 a year ago. Net profit (owners of the corporation) was USD 799,000 or USD 0.011 per share compared to net loss (owners of the corporation) of USD 1,604,000 or USD 0.021 per share a year ago. The significant increase in net profit in 2012 compared to 2011 is partly due to the gain on revaluation of investment property of the corporation in 2012 and the goodwill impairment taken in 2011.

Grand Power Logistics Group Inc. Reports Consolidated Earnings Results for the Third Quarter Ended September 30, 2012

Nov 29 12

Grand Power Logistics Group Inc. reported consolidated earnings results for the third quarter ended September 30, 2012. Sales revenue for the three months ended September 30, 2012 increased by $4,394,257 or 39% to $15,668,187 from $11,273,930 in 2011. The increase in sales revenue for the quarter reflected the continual growth of the company's air freight business initiated by the company's expanded oversea agent network in the first quarter of 2012. The net loss for the three months ended September 30, 2012 was $15,299 compared to a net loss of $182,617 in 2011. The net profit attributable to the owners of the company for this period was $80 compared to a net loss of $190,666 in 2011. The company generated a positive cash flow from its operations for the quarter ended September 30, 2012 of $43,174 compared to a negative cash flow of $1,377,560 in 2011.