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As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

fih mobile ltd -unsp adr (FXCNY) Key Developments

FIH Mobile Limited Provides Earnings Guidance for the Six Months Ending June 30, 2015

The board of directors of FIH Mobile Limited 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, 2015 to record a consolidated net profit, which is expected to range from USD 120,000,000 to USD 135,000,000, when compared to the Group's unaudited consolidated net profit of USD 49,839,000 for the six months ended 30 June 2014, representing a significant increase by approximately USD 70,161,000 (141%) to USD 85,161,000 (171%). The Board understands that the expected consolidated net profit of the Group for the six months ending 30 June 2015 is primarily attributable to the continuous enhancement of the Group's consolidated gross profit, which is expected to exceed USD 225,000,000 for the six months ending 30 June 2015 (representing a significant increase by more than 59% as compared to USD 141,087,000 for the six months ended 30 June 2014), principally as a result of the corresponding increase of the Group's turnover (which is expected to exceed USD 3,750,000,000, representing a significant increase by more than 64% as compared to USD 2,283,452,000 for the six months ended 30 June 2014); much less impairment loss incurred by the Group in respect of its assets (which is expected to be less than USD 5,000,000, representing a significant decrease by more than 72% as compared to USD 17,898,000 for the six months ended 30 June 2014); and the reduction of the Group's effective income tax rate (which is expected to be less than 25% as compared to approximately 44% for the six months ended 30 June 2014).

FIH Mobile Limited Declares Final Dividend and Special Dividend for the Year Ended 31 December 2014

FIH Mobile Limited announced that AGM was held on May 28, 2015, the shareholders declared and pay a final dividend of $0.00544 per share of the company for the year ended 31 December 2014. To declared and pay a special dividend of $0.01926 per share of the company for the year ended 31 December 2014.

FIH Mobile to Form Joint Venture with Meitu

FIH Mobile Limited has agreed to form a joint venture with Meitu to expand in Southeast Asia and India. The new joint venture company will be named as Meitu Mobile Pte. Ltd. Under the terms of the transaction, Meitu will hold a 55% stake and FIH will hold the remaining stake in the joint venture.

FIH Mobile Limited Presents at Daiwa Investment Conference London 2015, Jun-01-2015

FIH Mobile Limited Presents at Daiwa Investment Conference London 2015, Jun-01-2015 . Venue: Rosewood London Hotel, 252 High Holborn, London WC1V 7EN, United Kingdom.

FIH Mobile Limited, Annual General Meeting, May 28, 2015

FIH Mobile Limited, Annual General Meeting, May 28, 2015., at 10:00 China Standard Time. Location: AT LUXEMBOURG ROOM, 3/F. Agenda: To consider the audited consolidated financial statements of the company and its subsidiaries for the year ended 31 December 2014; to declare and pay a final dividend of USD 0.00544 per ordinary share of the company for the year ended 31 December 2014; to re-elect director; to re-appoint Deloitte Touche Tohmatsu as auditors; to grant a general mandate to the directors to buy-back shares; to grant a general mandate to the directors to allot, issue and deal with additional shares; to extend the general mandate granted to the directors to allot, issue and deal with additional shares; and to grant a general mandate to the board of directors of the company.

 

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