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easy one financial group ltd (221) Details

Easy One Financial Group Limited, an investment holding company, engages in the property development and provision of finance activities in the People’s Republic of China. It develops residential and commercial properties in Fuzhou of Jiangxi Province and Dongguan of Guangdong Province. The company also provides professional financial services, including mortgage and personal loans. In addition, it is involved in the securities investment activities; and the provision of administrative services. The company was formerly known as PNG Resources Holdings Limited and changed its name to Easy One Financial Group Limited in November 2015. Easy One Financial Group Limited is headquartered in Kowloon Bay, Hong Kong.

139 Employees
Last Reported Date: 12/16/16

easy one financial group ltd (221) Top Compensated Officers

Chairman, Managing Director, Chairman of Inve...
Total Annual Compensation: $2.7M
Executive Director, Member of Executive Commi...
Total Annual Compensation: $163.0K
Compensation as of Fiscal Year 2016.
easy one financial group ltd
Easy One Financial Group Limited Announces Unaudited Consolidated Cash Flow Results for the Six Months Ended September 30, 2016

Easy One Financial Group Limited announced unaudited consolidated cash flow results for the six months ended September 30, 2016. For the six months, the company reported net cash used in operating activities was HKD 214,916,000 against cash flow from operating activities of HKD 185,265,000 a year ago. Property under development paid was HKD 17,227,000 against HKD 96,782,000 a year ago.

Easy One Financial Group Limited Announces Change of Head Office and Principal Place of Business in Hong Kong, Effective 3 December 2016

The board of directors of Easy One Financial Group Limited announced that the head office and principal place of business of the Company in Hong Kong will be changed to Suite 3202, 32/F., Skyline Tower, 39 Wang Kwong Road, Kowloon Bay, Kowloon, Hong Kong with effect from 3 December 2016.

Easy One Financial Group Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2016

Easy One Financial Group Limited announced unaudited consolidated earnings results for the six months ended September 30, 2016. For the six months, the company’s revenue was HKD 47,817,000 compared to HKD 595,782,000 for the same period a year ago. Loss before taxation was HKD 62,055,000 compared to profit of HKD 72,630,000 for the same period a year ago. Loss for the period from continuing operations was HKD 64,807,000 or 1.43 cents per basic and diluted share compared to profit of HKD 42,003,000 or 2.90 cents per basic and diluted share for the same period a year ago. Loss attributable to owners of the company was HKD 66,470,000 or 1.43 cents per basic and diluted share compared to profit of HKD 42,143,000 or 2.90 cents per basic and diluted share for the same period a year ago. The Group's turnover representing a decrease of approximately 92% compared to the corresponding period of last year, of which turnover generated from property sales in the PRC amounted to approximately HKD 27.9 million. The change from profit to loss was mainly due to the decrease in turnover and operating profit in property development in the PRC.

 

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