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digital domain holdings ltd (547) Snapshot

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digital domain holdings ltd (547) Details

Digital Domain Holdings Limited, an investment holding company, engages in the media entertainment, property investment, and trading businesses in Hong Kong, Mainland China, the United States, Canada, and internationally. It operates in Media Entertainment, Property Investment, and Trading segments. The Media Entertainment segment provides visual effects services for various motion picture studios, advertisers, and games. This segment also creates digital humans for concert performances; and co-produces feature films. The Property Investment segment invests in/develops and manages commercial and/or residential properties. The Trading segment trades in metal scraps and Chinese tea. The company was formerly known as Sun Innovation Holdings Limited and changed its name to Digital Domain Holdings Limited in December 2013. Digital Domain Holdings Limited was founded in 1992 and is headquartered in Central, Hong Kong.

941 Employees
Last Reported Date: 09/26/16
Founded in 1992

digital domain holdings ltd (547) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $3.0M
Chairman of the Board and Member of Executive...
Total Annual Compensation: $2.1M
Chief Operating Officer, Executive Director a...
Total Annual Compensation: $1.1M
Senior Advisor
Total Annual Compensation: --
Compensation as of Fiscal Year 2015.
digital domain holdings ltd
Digital Domain Holdings Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Digital Domain Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company's revenue was HKD 348.1 million compared with HKD 293.5 million a year ago. Loss before taxation was HKD 173.6 million compared with HKD 80.7 million a year ago. Loss attributable to owners of the company was HKD 158.9 million or 1.468 cents per basic and diluted share compared with HKD 76.4 million or 0.777 cents per basic and diluted share a year ago. The loss for the period was mainly caused by the recognition of non-cash outflow expenses, including equity-settled share-based payments for the share options granted in 2014, 2015 and 2016 respectively to the value of HKD 41,542,000 (2015: HKD 21,060,000), amortization and depreciation expenses to the value of HKD 20,517,000, and deemed interest expenses for the convertible notes and a promissory note to the value of HKD 20,069,000, increased administrative and other operating/project expenses, comprising mainly legal and professional fees (including those incurred in relation to the acquisitions, collaborations and business development in the Greater China region and investor and public relations) and operating losses from the media entertainment segment. Net cash used in operating activities was HKD 190.3 million compared with net cash generated from operating activities of HKD 67.99 million a year ago. Purchases of property, plant and equipment was HKD 4.0 million compared with HKD 4.8 million a year ago. Additions to intangible assets were HKD 10.9 million compared with HKD 13.9 million a year ago.

Digital Domain Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2016

Digital Domain Holdings Limited provided earnings guidance for the six months ended June 30, 2016. Based on a preliminary review of the latest available unaudited consolidated financial statements of the group for the interim period, the loss for the interim period is expected to increase significantly as compared with the prior period.

Digital Domain Holdings Limited to Report First Half, 2016 Results on Aug 30, 2016

Digital Domain Holdings Limited announced that they will report first half, 2016 results on Aug 30, 2016


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