March 26, 2017 4:58 AM ET

Specialty Retail

Company Overview of Kolao Holdings

Company Overview

Kolao Holdings, together with its subsidiaries, manufactures, imports, and sells automobiles and motorcycles primarily in Laos and Myanmar. The company’s New Automobile segment operates as a dealer, which distributes imported passenger cars and commercial vehicles. Its Completed Knock-Down (CKD) segment manufactures and sells CKD and used cars under the KOLAO name. The company’s Motorcycle segment designs and sells its motorcycles under the KOLAO name; and processes and assembles parts. Its Wholesale segment sells accessories and other supplies that are designed for automobiles and motorcycles. The company’s AS segment offers after-services and repair services for automobiles and motorcycles...

Kolao Building

23 Singha Road

Nongbone Village

Saysettha District

Vientiane,  

Laos

Founded in 1997

Key Executives for Kolao Holdings

Kolao Holdings does not have any Key Executives recorded.

Kolao Holdings Key Developments

Kolao Holdings Reports Consolidated Earnings Results for the Year Ended December 31, 2016

Kolao Holdings reported consolidated earnings results for the year ended December 31, 2016. For the year, the company reported sales of $252,823,370 compared to $304,640,376 a year ago. Operating profit was $38,910,276 compared to $29,580,176 a year ago. Profit before income tax expense was $26,146,151 compared to $33,266,867 a year ago. Profit attributable to owners of the parent was $25,688,904 or $0.54 basic and diluted per share compared to $33,204,532 or $0.70 basic and diluted per share a year ago. Net cash used in operating activities was $8,210,707 compared to $33,213,668 a year ago. Acquisition of property, plant and equipment was $8,120,339 compared to $5,274,088 a year ago. Acquisition of intangible assets was $4,916,823 compared to $1,878,395 a year ago.

Kolao Holdings Reports Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Kolao Holdings reported audited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, sales were $83,105,427 against $97,699,270 last year. Operating profit was $17,928,565 against $9,534,122 lcast year. Income before income tax expense was $13,552,800 against $8,028,643 last year. Net income attributable to owners of the parent was $13,094,014 or $0.28 per basic and diluted share against $7,729,925 or $0.16 per basic and diluted share last year. For the six months, sales were $171,217,063 against $205,819,571 last year. Operating profit was $28,120,624 against $20,666,540 last year. Income before income tax expense was $20,323,201 against $26,404,308 last year. Net income attributable to owners of the parent was $20,016,649 or $0.42 per basic and diluted share against $26,261,590 or $0.5 per basic and diluted share last year. Net cash used in operating activities was $16,385,097 against $26,507,875 last year. Acquisition of property, plant and equipment was $7,815,813 against $4,480,453 last year. Acquisition of intangible assets was $4,413,845 against $565,245 a year ago.

Kolao Holdings Reports Consolidated Earnings Results for the Year Ended of December 31, 2015

Kolao Holdings reported consolidated earnings results for the year ended of December 31, 2015. For the period, the company reported sales of $392,886,712 compared to $360,752,916 a year ago. Operating profit was $42,121,704 compared to $37,548,040 a year ago. Profit before income tax expense was $42,682,170 compared to $40,100,329 a year ago. Profit for the year was $41,423,863 compared to $39,873,981 a year ago. Profit attributable to owners of the company was $42,038,839 compared to $40,160,838 a year ago. Basic and diluted earnings per share were $0.89 compared to $0.84 a year ago. Net cash used in operating activities was $15,895,478 compared to $67,981,219 a year ago. Acquisition of property, plant and equipment was $12,563,693 compared to $24,919,433 a year ago. Acquisition of intangible assets was $370,675 compared to $2,892,184 a year ago.

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Recent Private Companies Transactions

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