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sunrise china technology gro (8226) Details

Sunrise (China) Technology Group Limited, an investment holding company, engages in the environmental related businesses. The company is involved in the manufacture and sale of straw fuel briquettes, which is a type of biofuel and a substitute for coal in the agricultural and manufacturing industries; trading of commodities and garment accessories; manufacture and trading of LED components. It primarily has operations in Mainland China, Hong Kong, and Singapore. The company was formerly known as Sonavox International Holdings Limited and changed its name to Sunrise (China) Technology Group Limited in January 2011. The company is headquartered in Wan Chai, Hong Kong.

48 Employees
Last Reported Date: 08/12/16

sunrise china technology gro (8226) Top Compensated Officers

Chairlady, Compliance Officer, Chairman of No...
Total Annual Compensation: $293.0K
Chief Operating Officer and Executive Directo...
Total Annual Compensation: $1.2M
Executive Director
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2015.

sunrise china technology gro (8226) Key Developments

Sunrise (China) Technology Group Limited Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Sunrise (China) Technology Group Limited reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenue was HKD 26,902,000 against HKD 2,841,000 reported for the same period last year. Loss before tax was HKD 5,001,000 against HKD 37,983,000 reported for the same period last year. Loss for the period attributable to Owners of the Company was HKD 4,576,000 or 0.39 cents basic per share against HKD 22,737,000 or 4.39 cents basic per share reported for the same period last year. For the six months, the company reported revenue was HKD 58,401,000 against HKD 31,629,000 reported for the same period last year. Loss before tax was HKD 20,134,000 against HKD 48,837,000 reported for the same period last year. Loss for the period attributable to Owners of the company was HKD 19,255,000 or 1.68 cents basic per share against HKD 32,909,000 or 6.35 cents basic per share reported for the same period last year. Net cash used in operating activities was HKD 12,770,000 against HKD 19,259,000 reported for the same period last year. The increase in turnover was mainly driven by the trading of commodities business. During the period, the group recorded a net loss of approximately was mainly attributable to the realised loss and unrealised loss on listed securities held for trading of approximately HKD 17.5 million.

Sunrise (China) Technology Group Limited to Report First Half, 2016 Results on Aug 12, 2016

Sunrise (China) Technology Group Limited announced that they will report first half, 2016 results on Aug 12, 2016

Sunrise (China) Technology Group Limited, Board Meeting, Aug 12, 2016

Sunrise (China) Technology Group Limited, Board Meeting, Aug 12, 2016, at 16:00 China Standard Time. Agenda: To consider and approve the unaudited interim results of the Company and its subsidiaries for the six months ended 30 June 2016 and to approve the announcement in respect of the interim results to be published on the websites of the Growth Enterprise Market of the Stock Exchange and the Company; to consider the payment of an interim dividend, if any; to consider the closure of the register of members of the Company, if necessary; and to transact any other business.

 

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TEV/Sales 0.8x
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