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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, is engaged in the real estate development, property leasing, and hotel operations in Mainland China. Its Property Development segment develops and sells residential and commercial properties under the Oasis Garden, Rich Gate, Skyway, and Albany brands. The company's Property Leasing segment leases offices and commercial properties. Its Hotel Operations segment provides hotel accommodation, hotel catering, and conference hall services. The company’s Corporate and Other Operations segment provides property management services. SRE Group Limited is also involved in the construction and preparation work of land infrastructure and ancillary public facilities; golf course operations; provision of real estate agency services, as well as construction and procurement management services; and development of technology for housing. The company was incorporated in 1999 and is based in Wan Chai, Hong Kong. SRE Group Limited is a subsidiary of SRE Investment Holding Limited.

2,153 Employees
Last Reported Date: 04/23/15
Founded in 1999

sre group ltd (1207) Top Compensated Officers

Acting Chairman and Chief Executive Officer
Total Annual Compensation: $2.5M
Founder, Executive Director and Chairman of N...
Total Annual Compensation: $2.0M
Executive Director
Total Annual Compensation: $1.3M
Executive Director
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2014.

sre group ltd (1207) Key Developments

SRE Group Limited Appoints Wang Zi Xiong as Acting Chairman

The Board of SRE Group Limited announced on June 8, 2015 that it has appointed Mr. Wang Zi Xiong, an Executive Director, Vice-Chairman and the Chief Executive Officer of the company, as the Acting Chairman of the company. During the course of the Measures, Mr. Wang will assist Mr. Shi to perform the duties as the Chairman of the Company. Mr. Shi will remain as the Chairman of Board of the company.

SRE Group Limited, Annual General Meeting, May 28, 2015

SRE Group Limited, Annual General Meeting, May 28, 2015., at 15:00 China Standard Time. Location: Taichi Room, Unit 3810, 38/F. Agenda: To receive and consider the audited consolidated financial statements, the report of the directors and the independent auditor’s report for the year ended 31 December 2014; to re-elect Mr. Shi Jian, Mr. Shi Lizhou, Mr. Ma Dayu and Mr. Li Genfa as executive directors; to re-elect Mr. Jin Bing Rong and Mr. Guoping as independent non-executive directors; to authorise the board of directors to fix the directors’ remuneration; to re-appoint the auditors and to authorise the board of directors to fix their remuneration; to grant a general mandate to the directors to repurchase shares; to grant a general mandate to the directors to issue shares; and to extend to the general mandate to issue shares by addition thereto the shares repurchased by the company.

SRE Group Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

SRE Group Limited reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported loss attributable to owners of parent of HKD 106 million or 1.87 cents per diluted share compared to profit attributable to owners of parent of HKD 200 million or 3.53 cents per diluted share reported last year. Turnover, net was HKD 1,440 million against HKD 3,344 million reported last year. Operating profit was HKD 924 million against HKD 760 million reported last year. Profit before taxation was HKD 568 million against HKD 500 million reported last year. Net cash flows used in operating activities was HKD 4,730 million against HKD 2,894 million reported last year. Purchases of items of property, plant and equipment was HKD 308.5 million against HKD 281.6 million reported last year. Net debt was HKD 17,485,175 against HKD 12,623,638 last year.


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