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chinese energy holdings ltd (8009) Snapshot

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chinese energy holdings ltd (8009) Details

Chinese Energy Holdings Limited, an investment holding company, provides management services in the People’s Republic of China. It also invests in financial and investment products, as well as in technology; and provides technical advisory, marketing consultation, and administrative services. The company is headquartered in Central, Hong Kong.

12 Employees
Last Reported Date: 06/30/14

chinese energy holdings ltd (8009) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $636.0K
Compliance Officer, Company Secretary, Execut...
Total Annual Compensation: $675.0K
Compensation as of Fiscal Year 2014.

chinese energy holdings ltd (8009) Key Developments

Chinese Energy Holdings Limited Announces Executive Changes

The board of directors of Chinese Energy Holdings Limited announced that Mr. Cai Da and Ms. Wu Hong Ying have been appointed as executive directors of the Board with effect on 16 February 2015. Mr. Cai is also the vice president of Shenzhen General Chamber of Commerce. Mr. Cai was an executive director of Hong Kong Life Sciences and Technologies Group Limited during the period from 30 September 2011 to 4 August 2014. She has taken positions in a number of sizable corporates such as Rainbow Department Store Co. Ltd., GOME Electrical Appliances Holding Limited, Shenzhen Galaxy Real Estate Development Co. Ltd., and Shenzhen Municipal Baoneng Investment Group Company Limited. The Board also announced that Ms. Tang Jing has tendered her resignation as the chairman and executive director of the Board and Ms. Qi Yue has resigned as non-executive director with effect immediately due to their commitment to other work. The Board announced that Mr. Zha Jian Ping has been appointed as the chairman of the Board with immediate effect to replace Ms. Tang after her resignation.

Chinese Energy Holdings Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Chinese Energy Holdings Limited reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported turnover of HKD 163,241,000 against HKD 5,286,000 a year ago. Loss before taxation was HKD 212,000 compared with HKD 6,046,000 for the same period last year. Loss attributable to owners of the company was HKD 1,858,000 or 0.10 cents per basic and diluted share compared with HKD 6,058,000 or 0.46 cents per basic and diluted share for the same period last year. For the nine months, the company reported turnover of HKD 256,700,000 against HKD 5,286,000 a year ago. Profit before taxation was HKD 5,789,000 compared with loss before taxation of HKD 19,806,000 for the same period last year. Profit attributable to owners of the company was HKD 4,143,000 or 0.27 cents per basic and diluted share compared to loss attributable to owners of the company of HKD 19,818,000 or 1.51 cents per basic and diluted share for the same period last year.

Chinese Energy Holdings Limited Provides Earnings Guidance for the Nine Months Ended December 31, 2014

Chinese Energy Holdings Limited provided earnings guidance for the nine months ended December 31, 2014. For the period, the company expected to record a net profit attributable to the owners as compared to a net loss attributable to the owners of the Company for the nine months ended 31 December 2013 of approximately HKD 19,818,000. The expected net profit is mainly attributable to the positive profit generated from the first half of the year and the increase in turnover from provision of technical advisory and market consultation service segment.

 

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