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media asia group holdings lt (8075) Snapshot

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media asia group holdings lt (8075) Details

Media Asia Group Holdings Limited, an investment holding company, is primarily engaged in the entertainment business in Hong Kong, Mainland China, and Macau. The company is involved in the investment, production, distribution, and licensing of films; organization, management, and production of concerts and live performances; artiste management services; production, distribution, and licensing of television drama series; music production and publishing activities; and provision of event management and advertising services, as well as consultancy services in planning and management of cultural, entertainment, and live performance projects. The company is headquartered in Kowloon, Hong Kong. Media Asia Group Holdings Limited is a subsidiary of eSun Holdings Limited.

209 Employees
Last Reported Date: 10/30/14

media asia group holdings lt (8075) Top Compensated Officers

Executive Director and Member of Executive Co...
Total Annual Compensation: $2.1M
Executive Director, Member of Executive Commi...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

media asia group holdings lt (8075) Key Developments

Media Asia Group Holdings Limited, Special/Extraordinary Shareholders Meeting, Jun 26, 2015

Media Asia Group Holdings Limited, Special/Extraordinary Shareholders Meeting, Jun 26, 2015., at 10:00 China Standard Time. Location: Kellett Room IV, 3rd Floor, The Excelsior, Hong Kong. Agenda: To consider the issue of the Fubon convertible notes; to consider the issue of the Kbro convertible notes in accordance with the terms and conditions of the Kbro subscription agreement; to consider the issue of the MOMO convertible notes in accordance with the terms and conditions of the Kbro subscription agreement; to consider the issue of the Perfect Sky convertible notes in accordance with the terms and conditions of the Kbro subscription agreement; and to consider the exercise by the directors during the relevant period of all the powers of the company to allot, issue and deal with additional ordinary shares.

Media Asia Group Holdings Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended April 30, 2015

Media Asia Group Holdings Limited announced unaudited consolidated earnings results for the third quarter and nine months ended April 30, 2015. For the quarter, the company reported turnover was HKD 147,239,000 against HKD 93,640,000 a year ago. Profit from operating activities was HKD 12,478,000 against loss of HKD 25,881,000 a year ago. Profit before tax was HKD 8,973,000 against loss of HKD 38,460,000 a year ago. Profit for the period attributable to owners of the company was HKD 9,976,000 or 0.74 cents per basic and diluted share against loss of HKD 37,551,000 or 3.89 cents per basic and diluted share a year ago. For the nine months, the company reported turnover was HKD 530,694,000 against HKD 360,049,000 a year ago, mainly due to the increase in revenue from the group's film production and distribution and entertainment events. Profit from operating activities was HKD 31,184,000 against loss of HKD 46,302,000 a year ago. Profit before tax was HKD 19,912,000 against loss of HKD 88,245,000 a year ago. Profit for the period attributable to owners of the company was HKD 21,634,000 or 1.61 cents per basic and diluted share against loss of HKD 92,773,000 or 12.01 cents per basic and diluted share a year ago. The turnaround is mainly due to satisfactory performance of the group's films released and events held during the current period.

Media Asia Group Holdings Limited Provides Earnings Guidance for the Nine Months Ended April 31, 2015

The board of directors of Media Asia Group Holdings Limited informed the shareholders of the company and potential investors that the Group is expected to record a consolidated profit for the nine months ended 30 April 2015 as compared to a consolidated loss for the nine months ended 30 April 2014. The expected consolidated profit for the nine months ended 30 April 2015 is primarily attributable to satisfactory performance of the Group's films released and events held during the period.

 

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