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png resources holdings ltd (221) Snapshot

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png resources holdings ltd (221) Details

PNG Resources Holdings Limited, an investment holding company, engages in the development of properties; and the retail of fresh pork meat and related produce primarily in Mainland China, Hong Kong, and Papua New Guinea. It operates through Property Development Operation; and Sales of Fresh Pork and Related Produce Operation segments. The company focuses on developing residential and commercial property development projects in Jiangxi province and Guangdong province. It operates 14 fresh pork meat and related produce stalls in Hong Kong. In addition, the company is involved in the securities investment activities and the provision of administrative services. PNG Resources Holdings Limited is headquartered in Kowloon Bay, Hong Kong.

179 Employees
Last Reported Date: 07/21/15

png resources holdings ltd (221) Top Compensated Officers

Chairman, Managing Director, Chairman of Inve...
Total Annual Compensation: $3.3M
Executive Director, Member of Nomination Comm...
Total Annual Compensation: $150.0K
Compensation as of Fiscal Year 2014.

png resources holdings ltd (221) Key Developments

PNG Resources Holdings Limited Announces Resignation of Wong Yiu Hung, Gary as Executive Director and A Member of the Executive Committee, with effect from July 10, 2015

The board of directors of PNG Resources Holdings Limited announced that Mr. Wong Yiu Hung, Gary resigned as an executive Director and a member of the executive committee of the company with effect from July 10, 2015 for pursuing other career opportunities.

PNG Resources Holdings Limited Announces Audited Consolidated Financial Results for the Year Ended March 31, 2015

PNG Resources Holdings Limited announced audited consolidated financial results for the year ended March 31, 2015. For the year, the company reported turnover of HKD 1,188.134 million against HKD 1,034.155 million a year ago. Profit before taxation was HKD 224.649 million against HKD 223.030 million a year ago. Profit from continuing operations was HKD 145.603 million or 14.31 cents per diluted share against HKD 183.116 million or 9.37 cents per diluted share a year ago. Profit attributable to owners of the company was HKD 145.463 million or 14.32 cents against HKD 77.00 million or 22.28 cents per diluted share a year ago. The increase was mainly due to, among other things, the discontinued in the decrease in fair value of the plantation assets in Papua New Guinea, the increase in profit realized from the sales of property in the PRC and the increase in fair value of the financial assets at fair value through profit or loss, despite the negative impacts of the share of results and losses on deemed disposal of interest in an associate of the Group.

PNG Resources Holdings Limited to Report Fiscal Year 2015 Final Results on Jun 25, 2015

PNG Resources Holdings Limited announced that they will report fiscal year 2015 final results on Jun 25, 2015


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