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sre group ltd (1207) Snapshot

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sre group ltd (1207) Details

SRE Group Limited, together with its subsidiaries, engages in the property leasing business in Mainland China. It operates in four segments: Property Development, Property Leasing, Hotel Operations, and Corporate and Other Operations. The Property Development segment develops and sells residential and commercial properties under the Oasis Garden, Rich Gate, Skyway, and Albany brands. The Property Leasing segment leases offices and commercial properties. The Hotel Operations segment provides hotel accommodation, hotel catering, and conference hall services. The Corporate and Other Operations segment offers property management services. SRE Group Limited is also involved in provision of real estate agency, and construction and procurement management services, as well as development of technology for housing. The company was incorporated in 1999 and is based in Wan Chai, Hong Kong.

1,929 Employees
Last Reported Date: 09/17/15
Founded in 1999

sre group ltd (1207) Top Compensated Officers

Co-Chairman of The Board, Chief Executive Off...
Total Annual Compensation: $2.5M
Founder, Chairman and Chairman of Nomination ...
Total Annual Compensation: $2.0M
Executive Director
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2014.

sre group ltd (1207) Key Developments

SRE Group Limited Announces Resignation of Chan Yim Shan as Company Secretary with Effect from October 3, 2015

The board of directors of SRE Group Limited announced that Ms. Chan Yim Shan has resigned as the Company Secretary of the company with effect from October 3, 2015. Ms. Chan has confirmed that she has no disagreement with the Board and there are no matters with regard to her resignation which need to be brought to the attention of the shareholders of the company.

SRE Group Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

SRE Group Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported net cash flows from operating activities of HKD 506,928,000 compared to net cash flows used in operating activities of HKD 1,756,199,000 a year ago. Purchases of property, plant and equipment were HKD 16,612,000 compared to HKD 219,192,000 a year ago.

SRE Group Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

SRE Group Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. The company reported revenue was HKD 535,568,000 against HKD 1,029,089,000 a year ago. Operating loss was HKD 118,542,000 against profit of HKD 277,786,000 a year ago. Loss before tax was HKD 323,935,000 against profit of HKD 97,629,000 a year ago. Loss for the period was HKD 318,994,000 against profit of HKD 30,104,000 a year ago. Diluted loss per share was 4.62 cents against earnings per share of 0.17 cents a year ago. These were mainly due to the reason that major projects of the Group are still under development and have yet to hand over the properties to buyers such that presale proceeds received thereunder have yet to be recoginsed as revenue under the current period.


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