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idt international ltd (167) Snapshot

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idt international ltd (167) Details

IDT International Limited, an investment holding company, designs, develops, manufactures, markets, and sells various consumer electronic products in Europe, the Americas, and the Asia Pacific. The company operates through Sports, Fitness and Healthcare; Smart Learning Products; Time and Weather; Telecommunication; Wellness and Beauty; and Others segments. Its LCD consumer electronics products comprise environmental monitoring devices, which include weather stations, indoor/outdoor thermometers, barometers, hygrometers, etc.; timepieces, such as radio-controlled and projection clocks; and healthcare and sports products, which include heart-rate monitors, pedometers, multifunctional watches, blood pressure meters, weighing scales, body-fat meters, etc. The company also provides a range of electronic learning products, such as laptops, talking books, water-proof hands-free action cameras, and SmartGlobe and SmartPen products. In addition, it offers telecommunication products comprising indoor cord and cordless domestic telephones, such as touch phones and mirror phones; personal two way handheld transceivers, including slim 2-way radios; marine communication systems, such as waterproof marine handheld and waterproof marine fixed mount transceivers; and professional business band transceivers for use in retail shops, security, construction sites, and other industries. Further, the company provides plastic parts and surface mount technology assembly services; wellness and beauty products; and energy and other electronic products. It distributes its products to original equipment and original design manufacturers; and through its Oregon Scientific concept stores and other retail distribution points, as well as through online. IDT International Limited was founded in 1977 and is headquartered in Kowloon, Hong Kong. As of April 15, 2015, IDT International Limited operates as a subsidiary of Jiangsu Hongtu High Technology Co., Ltd.

2,009 Employees
Last Reported Date: 11/25/15
Founded in 1977

idt international ltd (167) Top Compensated Officers

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idt international ltd (167) Key Developments

IDT International Limited Announces Change of Financial Year End Date

The board of directors of IDT International Limited announced that it has resolved to change the financial year end date of the Company from 31 March to 31 December effective immediately. Accordingly, the next financial year end date of the Company will be 31 December 2015 and the next audited financial statements of the Group will cover a 9-month period from 1 April 2015 to 31 December 2015.

IDT International Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2015

IDT International Limited announced unaudited consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported turnover of HKD 321.9 million compared to HKD 603.1 million a year ago. Loss before taxation was HKD 61 million compared to HKD 5.7 million a year ago. Loss for the period attributable to owners of the company was HKD 61.1 million or 2.35 cents per basic and diluted share compared to HKD 6.8 million or 0.27 cents per basic and diluted share a year ago. Net cash used in operating activities was HKd 28.1 million compared to HKD 3.2 million a year ago. Capital expenditure on property, plant and equipment for the six months ended September 30, 2015 amounted to HKD 0.8 million which was primarily used for the business operation and development compared to HKD 4.2 million a year ago. Sources of funds were mainly financed by internal resources and borrowings.

IDT International Limited Announces Resignation of Ms. Gao Huan as Non-Executive Director

IDT International Limited announced that Ms. Gao Huan has tendered her resignation as a non-executive Director of the company with effect from 19 November 2015 due to her intention to pursue other career interests.


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