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July 06, 2015 10:34 PM ET

Specialty Retail

Company Overview of Eurosports Global Limited

Company Overview

EuroSports Global Limited, an investment holding company, distributes and retails imported automobiles. The company retails new ultra-luxury and luxury automobiles brands, as well as pre-owned automobiles brands, such as Lamborghini, Pagani, Alfa Romeo, and Touring Superlegerra. It also provides maintenance and repair services, as well as breakdown assistance services; and sells automobile parts and accessories. In addition, the company has distributorship rights for the deLaCour brand of watches for Singapore, Malaysia, Indonesia, Thailand, and Brunei. EuroSports Global Limited was founded in 1998 and is based in Singapore.

30 Teban Gardens Crescent

Singapore,  608927

Singapore

Founded in 1998

Phone:

65 6565 5995

Fax:

65 6567 5515

Key Executives for Eurosports Global Limited

Executive Chairman and Chief Executive Officer
Total Annual Compensation: $458.0K
Deputy Chief Executive Officer and Executive Director
Total Annual Compensation: $364.0K
Compensation as of Fiscal Year 2014.

Eurosports Global Limited Key Developments

Eurosports Global Limited Announces Unaudited Group Earnings Results for the Year Ended March 31, 2015

Eurosports Global Limited announced unaudited group earnings results for the year ended March 31, 2015. For the year, the company reported revenue of SGD 40,374,000 compared to SGD 39,758,000 a year ago. Loss before tax was SGD 4,841,000 compared to profit before tax of SGD 17,218,000 a year ago. Loss attributable to owners of the company was SGD 4,020,000 or 1.52 cents per basic and diluted share compared to profit attributable to owners of the company of SGD 17,020,000 or 7.30 cents per basic and diluted share a year ago. Net cash flows used in operating activities were SGD 13,210,000 compared to net cash flows from operating activities of SGD 1,487,000 a year ago. Purchase of property, plant and equipment was SGD 4,303,000 compared to SGD 3,021,000 a year ago.

EuroSports Global Limited Reports Earnings Results for the Six Months Ended September 30, 2014

EuroSports Global Limited reported earnings results for the six months ended September 30, 2014. For the period, the company reported net loss attributable to owners of the company of SGD 3.13 million, or a loss of 1.18 cents per share, compared to a net profit attributable to owners of the company of SGD 1.88 million, or 0.84 cents per share, for the same period ended September 30, 2013. Revenue for the six months ended September 30, 2014 was SGD 15.8 million, compared to SGD 26.87 million for the same period ended September 30, 2013. Loss before tax for the six months ended September 30, 2014 was SGD 3.15 million, compared to a profit before tax of SGD 2.11 million for the same period ended September 30, 2013.

Eurosports Global Limited Provides Earnings Guidance for the Half Year Ended September 30, 2014

EuroSports Global Limited provided earnings guidance for the half year ended September 30, 2014. For the period, the group is expected to report a loss mainly due to a decrease in the sales of automobiles as compared to the corresponding period last year.

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