Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 01, 2015 11:37 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Citychamp Watch & Jewellery Group Limited

Company Overview

Citychamp Watch & Jewellery Group Limited, an investment holding company, designs, manufactures, sells, and distributes watches and timepieces. It offers watches and timepieces under the brand names of Rossini, EBOHR, Corum, Eterna, Rotary, Dreyfuss & Co, J&T Windmills, Guangzhou, and Dixmont, etc. The company is also involved in the property investment activities; distribution of yachts and glasses; and issuance of bonds activities. It operates through outlets and boutiques in Hong Kong, the People’s Republic of China, Switzerland, Germany, the United Kingdom, Singapore, and other countries. The company was formerly known as China Haidian Holdings Limited and changed its name to Citychamp W...

International Commerce Centre

Units 1902-04

Level 19

1 Austin Road West

Kowloon,  

Hong Kong

5,050 Employees

Phone:

852 2805 0607

Fax:

852 2865 2583

Key Executives for Citychamp Watch & Jewellery Group Limited

Chief Executive Officer, Executive Director, Member of Remuneration Committee and Member of Nomination Committee
Age: 63
Total Annual Compensation: $8.8M
Executive Director
Age: 51
Total Annual Compensation: $1.7M
Executive Director
Age: 36
Total Annual Compensation: $1.5M
Executive Director
Age: 38
Total Annual Compensation: $1.4M
Executive Director
Age: 57
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2014.

Citychamp Watch & Jewellery Group Limited Key Developments

Citychamp Watch & Jewellery Group Limited, Annual General Meeting, Jun 25, 2015

Citychamp Watch & Jewellery Group Limited, Annual General Meeting, Jun 25, 2015., at 11:00 China Standard Time. Location: Ming Room I, Fourth Floor, Sheraton Hong Kong Hotel & Tower. Agenda: To consider and adopt the audited consolidated financial statements and the report of the directors and the independent auditor 's report for the year ended 31 December 2014; to consider the re-elect of independent non-executive director and executive directors; to consider the re-appoint BDO limited as the auditor of the company and authorize the board to fix their remuneration; to consider and grant a general mandate to the directors to issue additional shares of the company; to consider and grant a general mandate to the directors to repurchase shares; and to consider the extend the general mandate granted to the directors pursuant.

Citychamp Watch & Jewellery Group Limited Reports Audited Consolidated Cash Flow Results for the Full Year Ended December 31, 2014

Citychamp Watch & Jewellery Group Limited reported audited consolidated cash flow results for the full year ended December 31, 2014. For the year, the company reported net cash used in operating activities of HKD 69,069,000 compared to net cash used in operating activities of HKD 245,599,000 for the same period a year ago. Purchases of property, plant and equipment was HKD 125,652,000 compared to HKD 178,241,000 last year. Purchases of intangible assets was HKD 1,367,000 compared to HKD 3,732,000 last year.

Citychamp Watch & Jewellery Group Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Citychamp Watch & Jewellery Group Limited reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company's revenue was HKD 3,488,553,000 compared with HKD 3,176,423,000 a year ago. Profit before income tax was HKD 284,059,000 compared with HKD 757,856,000 a year ago. Profit attributable to owners of the company was HKD 132,005,000 or 2.93 cents per diluted share compared with HKD 565,434,000 or 12.47 cents per diluted share a year ago. Rossini and EBOHR continued to be the major sources of revenue and accounted for more than 54% of the total revenue of the group compared to 53% a year ago. These two brands seize the opportunity to expand their market shares continuously. Such decrease is mainly due to two reasons. First, an aggregate amount of approximately HKD 182,561,000 of impairment losses were made on goodwill and intangible assets related to two Swiss companies acquired in recent years, Eterna AG Uhrenfabrik and Montres Corum Sàrl. There were capital commitments with an amount of HKD 169,024,000 related to the purchase of property, plant and equipment.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Citychamp Watch & Jewellery Group Limited, please visit www.citychampwatchjewellery.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.