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daohe global group ltd (915) Details

Daohe Global Group Limited, an investment holding company, sells merchandise; and provides procurement and value-added services in North America, Europe, Australia, Africa, Hong Kong, and internationally. The company offers apparel, such as sweaters, cut and sewn knits, denim products, casual woven, career and outer wear, sports and children’s apparel, sleep and lounge wear, and occasion wear; fashion accessories comprising handbags and wallets, fashion jewelry, watches, socks, belts, sandals, home slippers, hair accessories, and sunglasses; and home and living products, including bathroom products, seasonal products, DIY/hardware products, furniture, garden decor products, gift ware products, glass ware products, home decor products, home storage products, home textiles, house ware products, kitchen appliances, lighting products, sporting goods and luggage, stationaries, and toys. It is also involved in the provision of laboratory services; marketing consultancy and product development services; market trend consultancy services; and trading of merchandise, as well as acts as procurement agent and provides hardgoods and labels. The company was formerly known as Daohe Global Group Limited and changed its name to Daohe Global Group Limited in July 2015. The company was founded in 1964 and is headquartered in Kowloon Bay, Hong Kong. Daohe Global Group Limited is a subsidiary of Daohe Global Group Limited is a subsidiary of Daohe Global Investment Holding Limited.

347 Employees
Last Reported Date: 12/21/16
Founded in 1964

daohe global group ltd (915) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $46.0K
President and Executive Director
Total Annual Compensation: $558.0K
Compensation as of Fiscal Year 2016.
daohe global group ltd
Daohe Global Group Limited Announces Management Changes

Daohe Global Group Limited announced that Mr. HWANG Hau-zen, Basil has resigned as an executive director of the company, general counsel and head of development and investments of the Group, a member of the executive committee of the Board and company secretary of the company. Mr. HWANG Hau-zen, Basil has also ceased to act as an authorised representative of the company. Mr. HENG Victor Ja Wei has resigned as an independent non-executive director of the company and a member of the audit committee of the Board. Mr. ZHANG Jifeng has been appointed as an executive director of the company and a member of the executive committee of the Board. Mr. LAU Shu Yan has been appointed as an independent non-executive director of the company and the chairman of the audit committee of the Board. Mr. ZHANG Huijun has been appointed as an independent non-executive director of the company, a member of each of the audit committee, the remuneration committee and the nomination committee of the Board. Mr. WONG Hing Lin, Dennis, executive director, president and chief financial officer of the company, has ceased to be the chief financial officer of the company. He has remained as an executive director and president of the company. Mr. WONG Lim Yam has taken over the responsibilities of Mr. WONG Hing Lin, Dennis as the head of finance at the Company level with title of group financial controller. Mr. WONG Lim Yam has been appointed as the company secretary and an authorised representative of the company. All of the above changes take effect from 11 January 2017.

Daohe Global Group Limited Announces Resignation of TSE Hau Yin, Aloysius as an Independent Non-Executive Director, the Chairman of the Audit Committee and a Member of Both the Remuneration Committee and the Nomination Committee of the Board

The board of directors of Daohe Global Group Limited announced that Mr. TSE Hau Yin, Aloysius has resigned as an independent non-executive Director, the chairman of the audit committee and a member of both the remuneration committee and the nomination committee of the Board with effect from 21 December 2016.

Daohe Global Group Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended October 31, 2016

Daohe Global Group Limited announced unaudited consolidated earnings results for the six months ended October 31, 2016. For the six months, the company reported revenue of USD 52,539,000 against USD 54,086,000 a year ago. Profit before tax was USD 2,512,000 against USD 2,679,000 a year ago. Profit for the period was USD 2,214,000 against USD 2,170,000 a year ago. Profit attributable to owners of the company was USD 2,249,000 or 0.64 cents per basic and diluted share against USD 2,170,000 or 0.62 cents per basic and diluted share a year ago. Capital expenditures were USD 92,000 against USD 122,000 a year ago.

 

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Price/Sales 3.5x
Price/Book 7.4x
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TEV/Sales 3.1x
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