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china foods ltd (506) Snapshot

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china foods ltd (506) Details

China Foods Limited, an investment holding company, engages in beverage, wine, kitchen food, and confectionery businesses primarily in Mainland China. Its Beverage segment processes, bottles, and distributes sparkling beverage products; and distributes still beverage products. This segment offers LOHAS juices. Its Kitchen Food segment sells, distributes, and markets edible oil, sugar, soy sauce, vinegar, MSG, seasoning sauce, and cereal products. This segment sells its edible oils and condiments under the Fortune brand; and honey and cereals under the LOHAS brand. The company’s Wine segment produces, sells, and trades in grape, Chinese yellow rice, red, white, and other wine products. This segment offers single varietal wines, as well as blended wines with various grape varieties. It also produces brandies and sparkling wines; and sells its wine products primarily under the Greatwall, Kong yiji, and Huangzhonghuang Shaoxing brand names. The company’s Confectionery segment develops, produces, markets, and distributes a range of snack foods, including chocolates, candies, and nuts. This segment sells its products under the brand names of Le conté and Merveille. Its Others segment distributes other consumer food and beverage products. The company is also involved in the exploitation and operation of vineyards; provision of hospitality and conference services; retailing bulk foods and related materials; and provision of information consulting and management services. China Foods Limited has a strategic partnership with The Coca-Cola Company for bottling and distributing Coca-Cola beverages. The company was founded in 1990 and is headquartered in Causeway Bay, Hong Kong. China Foods Limited is a subsidiary of COFCO (Hong Kong) Limited.

17,285 Employees
Last Reported Date: 04/29/15
Founded in 1990

china foods ltd (506) Top Compensated Officers

Managing Director, Executive Director and Cha...
Total Annual Compensation: $2.0M
Chief Financial Officer, Executive Deputy Gen...
Total Annual Compensation: $812.0K
General Manager of The Audit & Supervision De...
Total Annual Compensation: $768.0K
Compensation as of Fiscal Year 2014.

china foods ltd (506) Key Developments

China Foods Limited Presents at UBS Asian Consumer Conference 2015, Jun-16-2015

China Foods Limited Presents at UBS Asian Consumer Conference 2015, Jun-16-2015 . Venue: UBS Hong Kong offices, 52/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

Cofco Seeks Restructuring

COFCO Corporation has invited investment banks to submit proposals for a possible group restructuring, people with knowledge of the matter said. Cofco will consider combining units and selling peripheral businesses to improve profitability, according to the people. Possibilities that may be proposed include Cofco’s cooking-oil producer China Foods Limited (SEHK:506) divesting its confectionery business or merging with a sister company such as oilseed processor China Agri-Industries Holdings Limited (SEHK:606), they said, asking not to be identified as the information is private.

China Foods Limited Reports Audited Consolidated Cash Flows Results for the Year Ended December 31, 2014

China Foods Limited reported audited consolidated cash flows results for the year ended December 31, 2014. For the year, the company reported net cash flows from operating activities HKD 238,689,000 against HKD 97,414,000 a year ago. Purchases of items of property, plant and equipment were HKD 438,285,000 against HKD 710,582,000 a year ago.

 

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