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koala financial group ltd (8226) Details

KOALA Financial Group Limited, an investment holding company, engages in securities investment, placing, and brokerage activities. The company is involved in the trading of commodities and garment accessories; manufacture and sale of LED digital display products and components; and leasing of investment properties, as well as money lending activities. It primarily has operations in Mainland China, Hong Kong, and Singapore. The company was formerly known as Sunrise (China) Technology Group Limited and changed its name to KOALA Financial Group Limited in June 2017. KOALA Financial Group Limited is headquartered in Wan Chai, Hong Kong.

96 Employees
Last Reported Date: 03/31/17

koala financial group ltd (8226) Top Compensated Officers

Executive Director
Total Annual Compensation: $586.0K
Chairlady of the Board and Compliance Officer
Total Annual Compensation: $585.0K
Compensation as of Fiscal Year 2016.
koala financial group ltd
KOALA Financial Group Limited Announces Resignation of Ma Arthur On-hing, Executive Director

The board of directors of KOALA Financial Group Limited announced that Mr. Ma Arthur On-hing has tendered his resignation as an executive director of the company with effect from 30 June 2017 due to his own career development.

Sunrise (China) Technology Group Limited has Changed its Name to KOALA Financial Group Limited

On May 19, 2017, Sunrise (China) Technology Group Limited changed its name to KOALA Financial Group Limited.

Sunrise (China) Technology Group Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

Sunrise (China) Technology Group Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenue of HKD 3,891,000 against HKD 31,499,000 a year ago. Loss before tax was HKD 16,569,000 against HKD 15,133,000 a year ago. Loss for the period was HKD 16,569,000 against HKD 15,133,000 a year ago. Loss for the year attributable to owners of the company was HKD 16,113,000 or loss of 0.81 cents per basic share against HKD 14,679,000 or 1.29 cents per basic share a year ago. The decrease in turnover was mainly attributable to the operation's suspension on the trading of commodities business and trading of garment accessories business. Net loss was mainly attributable to the unrealised loss and the realised loss of the Group's held-for-trading investments.


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