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cp lotus corp (121) Snapshot

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cp lotus corp (121) Details

C.P. Lotus Corporation, an investment holding company, operates a chain of retail stores in northern, southern, and eastern parts of China. It owns and operates 58 retail stores under the Lotus brand, including 56 hypermarkets and 2 supermarkets. The company is based in Hong Kong, Hong Kong. C.P. Lotus Corporation is a subsidiary of C.P. Holding (BVI) Investment Company Limited.

13,790 Employees
Last Reported Date: 04/8/15

cp lotus corp (121) Top Compensated Officers

Senior Vice Chairman and Chief Executive Offi...
Total Annual Compensation: CNY3.6M
Executive Chairman, Chairman of Nomination Co...
Total Annual Compensation: CNY4.7M
Chief Operating Officer and Executive Directo...
Total Annual Compensation: --
Vice Chairman, Chief Commercial Officer and C...
Total Annual Compensation: CNY5.1M
Vice Chairman
Total Annual Compensation: CNY4.4M
Compensation as of Fiscal Year 2013.

cp lotus corp (121) Key Developments

CP Lotus Corporation Reports Consolidated Earnings Results for the Year Ended December 31, 2014

CP Lotus Corporation reported consolidated earnings results for the year ended December 31, 2014. For the period, the company reported turnover of RMB 10,912.0 million compared to RMB 10,881.6 million a year ago. Loss for the year was RMB 58.4 million compared to RMB 96.9 million a year ago. Loss for the year attributable to equity shareholders of the company was RMB 58.4 million compared to RMB 96.8 million a year ago. Profit from operations was RMB 52,722,000 compared to RMB 60,961,000 a year ago. Loss before taxation was RMB 23,472,000 compared to RMB 21,121,000 a year ago. Basic and diluted loss per share was 0.27 cents compared to 0.46 cents a year ago. Net cash generated from operating activities was RMB 238,578,000 compared to RMB 67,355,000 a year ago. Payment for purchases of fixed assets was RMB 249,331,000 compared to RMB 213,853,000 a year ago.

CP Lotus Corporation Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

CP Lotus Corporation reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported turnover of RMB 10,911,966,000 compared to RMB 10,881,553,000 a year ago. Profit from operations was RMB 52,722,000 compared to RMB 60,961,000 a year ago. Loss before taxation was RMB 23,472,000 compared to RMB 21,121,000 a year ago. Loss attributable to equity shareholders of the company was RMB 58,428,000 or 0.27 cents per basic and diluted share compared to RMB 96,837,000 or 0.46 cents per basic and diluted share a year ago. Turnover increased by 0.3%, the increase was due to revenue generated by four new stores opened in 2014 but was offset by the disposal of seven loss-making stores to WSL on 30 April 2014. Sales was also impacted by the slowdown of the economy in general, the government's anti-waste campaign which led to the reduction in the sales of pre-paid cards, alcohol, cigarette and gift-related spending, the lacking of new consumption stimulus policy and the unusual cool weather in the summer affected the sales of beverages. The improvement in net loss attributable to equity shareholders of the company was due to increase in gross margin, and disciplined expenses management which negated the effect of falling in other net income.

CP Lotus Corporation to Report Fiscal Year 2014 Results on Feb 27, 2015

CP Lotus Corporation announced that they will report fiscal year 2014 results on Feb 27, 2015

 

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