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circutech international hold (8051) Details

CircuTech International Holdings Limited, an investment holding company, researches, develops, markets, and sells video surveillance systems and solutions in Asia, Europe, Africa, the Americas, and Australia. It offers CCTV systems, digital video recorders (DVRs), and digital surveillance equipment. The company’s products include high definition (HD) network cameras, HD recorders, analogue HD cameras and recorders, standard definition (SD) analogue cameras, SD recorders, and HD and SD accessories. It also provides sureSIGHT, an integrated video management solution for IP cameras and video recording servers; siteMATRIX, an optional module to form a digital module video wall; sureGUARD, a video response center solution; and iView HD, a video surveillance app for iPhone and Android phones to monitor business. The company offers CCTV and DVR solutions for various applications, such as hotel and retail management, banking and ATM surveillance, renewable energy, property management, alarm center, construction site monitoring, logistics management, public utilities monitoring, e-promotion, and video on data services. It also enables users to monitor and manage their business through broadband Internet, LAN, phone line, and mobile network applications. The company was formerly known as TeleEye Holdings Limited and changed its name to CircuTech International Holdings Limited in August 2016. CircuTech International Holdings Limited was founded in 1994 and is headquartered in Central, Hong Kong. As of April 12, 2016, CircuTech International Holdings Limited is a subsidiary of Foxconn (Far East) Ltd.

Founded in 1994

circutech international hold (8051) Top Compensated Officers

Chairman, Chief Executive Officer and Complia...
Total Annual Compensation: --
Executive Director
Total Annual Compensation: $800.0K
Executive Director
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Executive Director
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Executive Director
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Compensation as of Fiscal Year 2016.
circutech international hold
CircuTech International Holdings Limited Announces Audited Consolidated Earnings Results for the Six Months Ended December 31, 2016

CircuTech International Holdings Limited announced audited consolidated earnings results for the six months ended December 31, 2016. For the period, the company reported revenue was HKD 9,530,000 against HKD 26,070,000 a year ago. Loss before tax was HKD 7,535,000 against HKD 8,755,000 a year ago. Loss for the year was HKD 7,535,000 against HKD 8,755,000 a year ago. Loss for the year attributable to owners of the company was HKD 7,517,000 against HKD 8,693,000 a year ago. Earnings per share basic was 45 cents against 52 cents a year ago. The increase in net loss when compare to the unaudited figure for the corresponding period ended December 31, 2015 was mainly attributable to the following factors: (i) decrease in revenue of the video and surveillance product line due to increased competition; and (ii) increase in general operational, administrative expenses and professional fees following the close of the unconditional mandatory general offer in June 2016 in order to pursue new, strategic customers to grow the Group's sales and distribution of third party IT products and the post-sales support services to enhance shareholders' returns as a whole.

CircuTech International Holdings Limited Proposes Change of Auditors

CircuTech International Holdings Limited announced that HLB Hodgson Impey Cheng Limited will retire as the auditors of the Company with effect from the conclusion of the forthcoming annual general meeting of the Company and will not offer themselves for re-appointment as auditors of the Company at the AGM. The Board has resolved, with the recommendation from the audit committee of the Board, to propose the appointment of PricewaterhouseCoopers as new auditors of the Company following the retirement of HLB and to hold office until the conclusion of the next annual general meeting of the Company, subject to approval by shareholders of the Company at the AGM. The proposed change will align the Company's appointment of auditors with that of its ultimate holding company, Hon Hai Precision Industry Co. Ltd.

CircuTech International Holdings Limited to Report First Half, 2017 Results on Mar 24, 2017

CircuTech International Holdings Limited announced that they will report first half, 2017 results on Mar 24, 2017


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