July 27, 2017 5:31 AM ET

Commercial Services and Supplies

Company Overview of Midas International Holdings Limited

Company Overview

Midas International Holdings Limited, an investment holding company, manufactures and trades in printed products in the People’s Republic of China, Hong Kong, the United States, the United Kingdom, Germany, France, and internationally. It operates through Printing; Cemetery; Securities Investment and Trading; Property Investment; and Others segments. The company manufactures and sells printed products, including art books, packaging boxes, and children’s books, as well as photography books, cookbooks, and textbooks; develops, constructs, and operates cemetery, as well as offers related services; and provides books binding services. It also offers stationery items, which include stationery se...

Alexandra House

25th Floor

18 Chater Road

Central,  

Hong Kong

Founded in 1990

743 Employees

Phone:

852 2407 6888

Fax:

852 2408 0611

Key Executives for Midas International Holdings Limited

CEO, MD & Executive Director
Age: 29
Total Annual Compensation: $1.2M
Financial Controller & Executive Director
Age: 46
Total Annual Compensation: $905.0K
Compensation as of Fiscal Year 2017.

Midas International Holdings Limited Key Developments

Midas International Holdings Limited Appoints Kotewall as Executive Director

Midas International Holdings Limited announced that Mr. Kotewall has been appointed as an Executive Director with effect from June 26, 2017. Mr. Kotewall, aged 36, is responsible for the printing business and information technology division of the Group. Mr. Kotewall has about 6 years of experience in asset management, wealth management and corporate and investment banking. He also has experiences in managing entrepreneurial ventures in the information technology, beverage, music and real estate industries.

Midas International Holdings Limited Reports Consolidated Earnings Results for the Year Ended March 31, 2017

Midas International Holdings Limited reported consolidated earnings results for the year ended March 31, 2017. For the year, revenues were HKD 195,137,000 compared to HKD 230,673,000 a year ago. This was mainly due to the decrease in the sales of printed products. Operating profit was HKD 9,643,000 compared to HKD 98,078,000 a year ago. Profit before taxation was HKD 8,545,000 compared to HKD 95,254,000 a year ago. Profit for the year attributable to Equity holders of the company was HKD 50,437,000 or 1.52 cents per basic and diluted share compared to HKD 93,146,000 or 2.82 cents per basic and diluted share a year ago. Net cash used in operating activities was HKD 10,765,000 compared to HKD 4,236,000 a year ago. Capital expenditure was HKD 24,710,000 compared to HKD 48,839,000 a year ago. Profit for the year from continuing operations were HKD 8,431,000 or 0.25 cents per basic and diluted share compared to HKD 95,254,000 or 2.88 cents per basic and diluted share a year ago.

Midas International Holdings Limited to Report Fiscal Year 2017 Final Results on Jun 23, 2017

Midas International Holdings Limited announced that they will report fiscal year 2017 final results on Jun 23, 2017

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 6, 2017
Ever Favour Limited
Merger/Acquisition
January 22, 2017
Fortune Wealth Memorial Park (Si Hui) Limited
 

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