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china public procurement ltd (1094) Details

China Public Procurement Limited, an investment holding company, engages in the public procurement related business activities in the People’s Republic of China and Hong Kong. It operates in Public Procurement, Trading Business, Provision of Corporate IT Solution, and EMC segments. The company’s activities include bulk commodity trading; energy management contracting; development and operation of electronic public procurement platforms; and provision of procurement information and other added value services, including supplier authentication, financial services, supply chain management, etc. to users of the procurement platforms. In addition, it provides technological development, advisory, business planning, public-relations, and online procurement services; sells software; and provides information technology services. The company was formerly known as Sunny Global Holdings Limited and changed its name to China Public Procurement Limited in May 2009. China Public Procurement Limited is headquartered in Wanchai, Hong Kong.

143 Employees
Last Reported Date: 04/27/17

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Executives, Board Directors

china public procurement ltd
China Public Procurement Limited Announces Audited Consolidated Cash Flows Results for the Year Ended December 31, 2016

China Public Procurement Limited announced audited consolidated cash flows results for the year ended December 31, 2016. For the year, the company's purchase of property, plant and equipment was HKD 127,000 compared to HKD 496,000 a year ago. Net cash used in operating activities was HKD 47,144,000 compared to HKD 136,284,000 a year ago.

China Public Procurement Limited Announces Executive Changes

China Public Procurement Limited board announced that Mr. Wong Wei Kit resigned as the Chief Financial Officer and appointed as the consultant of the company with effect from 1 April 2017. The board further announced that Miss. Ng Weng Sin has been appointed as the Chief Financial Officer of the company with effect from 1 April 2017. Miss. Ng Weng Sin, aged 45 is also a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants. From May 2014 to December 2015, Miss. Ng was the Chief Financial Officer of Xiwang Special Steel Company Limited and Xiwang Property Holdings Company Limited. From July 2014 to November 2015, Miss. Ng was the company secretary and authorized representative of Xiwang Special Steel Company Limited and Xiwang Property Holdings Company Limited.

China Public Procurement Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2016

China Public Procurement Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of HKD 40,127,000 against HKD 2,516,060,000 a year ago. Loss before tax was HKD 202,243,000 against HKD 1,077,834,000 a year ago. Loss for the year from continuing operation was HKD 215,183,000 against HKD 1,075,485,000 a year ago. Loss for the year attributable to owners of the company was HKD 212,606,000 against HKD 1,073,902,000 a year ago. Loss per basic and diluted share was 1.59 cents against 8.39 cents a year ago. Net operating cash outflows of were approximately HKD 46,428,000.

 

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Valuation 1094 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 12.7x
Price/Book 1.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 10.4x
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