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daohe global group ltd (915) Snapshot

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daohe global group ltd (915) Details

Daohe Capital 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; fashion accessories; hardgoods, including bathroom products, DIY/hardware products, glass ware products, house ware products, sporting goods/luggage, Christmas/seasonal products, furniture, home decor products, kitchen appliances, stationary, consumer electronics, garden decor products, home storage products, lighting products, toys, cosmetics, gift ware products, home textiles, pet supplies, and watches and jewelry; and electronics. It is also involved in the provision of laboratory services; technical support and management services; marketing consultancy and product development services; and market trend consultancy services, as well as in the trade of home lifestyle consumer electronic products. The company was formerly known as Daohe Global Group Limited and changed its name to Daohe Capital Limited in July 2015. Daohe Capital Limited was founded in 1964 and is headquartered in Kowloon Bay, Hong Kong. Daohe Capital Limited operates as a subsidiary of Daohe Global Investment Holding Limited.

361 Employees
Last Reported Date: 07/14/16
Founded in 1964

daohe global group ltd (915) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $11.0K
President, Chief Financial Officer, Executive...
Total Annual Compensation: $465.0K
Head of Development & Investments, General Co...
Total Annual Compensation: $100.0K
Compensation as of Fiscal Year 2015.

daohe global group ltd (915) Key Developments

Daohe Capital Limited Omits to Pay Final Dividend for the Year Ended April 30, 2016

The Directors of Daohe Capital Limited do not recommend the payment of a final dividend for the year ended April 30, 2016 against a paid dividend of 0.05 HK cents per ordinary share in 2015.

Daohe Global Group Limited Announces Consolidated Earnings Results for the Year Ended April 30, 2016

Daohe Global Group Limited announced consolidated earnings results for the year ended April 30, 2016. For the year, the company reported loss attributable to owners of the company of $560,000 or 0.02 cents per diluted share compared to profit attributable to owners of the company of $1,676,000 or 0.05 cents per diluted share reported in the same period last year. Revenue was $94,053,000 against $97,872,000 reported last year. Profit before tax was $505,000 against $2,685,000 reported last year. Capital expenditures were $407,000 against $150,000 reported last year. Loss for the year was mainly attributable to the decline in shipment of the Group and the impairment loss on goodwill as aforementioned and an additional tax provision for the Hong Kong Tax Case.

Daohe Global Group Limited Announces Resignation of Zhang Li as Executive Director and Co-Chairman of the Board

The board of directors of Daohe Global Group Limited announced that Mr. ZHANG Li resigned as an executive Director and the Co-Chairman of the Board with effect from 12 July 2016 due to his decision to devote more time to his other commitments. Upon his resignation, he ceased to act as a member of the executive committee of the Board. Mr. Zhang has confirmed to the Board that he has no disagreement with the Board and that there are no other matters relating to his resignation that need to be brought to the attention of the holders of securities of the company.


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