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baoye group co ltd -h (2355) Snapshot

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baoye group co ltd -h (2355) Details

Baoye Group Company Limited provides construction services, develops and sells properties, and manufactures and distributes industrialized building materials in the People's Republic of China. The company operates through three segments: Construction, Property Development, and Building Materials. The Construction segment constructs government and public buildings; urban facilities and infrastructure; and commercial, residential, and industrial buildings. This segment also offers electrical and electronic, fireproof facilities, and curtain wall installation, as well as gardening and landscaping services. The Property Development segment operates development projects in Shaoxing, Wuhan, Shanghai, Bozhou, Bengbu, and Kaifeng. The Building Materials segment offers curtain walls, ready-mixed concrete, steel structures, furnishings and interior decorations, wooden products and fireproof materials, PC assembly plates, and other products. The company also offers decoration and replenishment, industrial equipment installation services, and architectural and interior design services, as well as leasing services. In addition, it engages in the development and management of vacation village; production and sale of machinery and fittings; and construction technology research and development activities. Further, the company sells construction equipment, as well as operates investment properties. Baoye Group Company Limited was founded in 1974 and is headquartered in Shaoxing, the People's Republic of China.

3,949 Employees
Last Reported Date: 04/22/15
Founded in 1974

baoye group co ltd -h (2355) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: CNY1.0M
Deputy General Manager and Executive Director
Total Annual Compensation: CNY1.0M
Deputy General Manager, Executive Director an...
Total Annual Compensation: CNY750.0K
Executive Director, General Manager of Zhejia...
Total Annual Compensation: CNY750.0K
Deputy General Manager, Executive Director an...
Total Annual Compensation: CNY750.0K
Compensation as of Fiscal Year 2014.

baoye group co ltd -h (2355) Key Developments

Baoye Group Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2015

Baoye Group Company Limited provided earnings guidance for the six months ended 30 June 2015. For the six months, the group is expected to record a decline in net profit as compared to the corresponding period in 2014. Such decrease is mainly attributable to the reason that certain property sale units, which had been pre-sold before the six months ended of 30 June 2015, cannot be delivered to the purchasers in accordance with the anticipated completion schedule, that is by 30 June 2015. For this reason, the sales revenue of such property sale units cannot be recognised in the accounts of the Group for the six months ended 30 June 2015, resulting in a decrease in the Group's net profit for the six months ended 30 June 2015. These property sale units are expected to be delivered to the purchasers in the second half of 2015 and thus the revenue from these property sale units would be recognised in the accounts of the Group in the second half of 2015.

Baoye Group Company Limited Approves Final Dividend for the Year Ended December 31, 2014

The board of directors of Baoye Group Company Limited announced that at the AGM held on June 19, 2015 has approved the payment of a final dividend for the year ended December 31, 2014. Shareholders whose names appear on the company's register of members for H Shares on July 3, 2015 shall be entitled to the final dividend of RMB 0.10 (pre-tax) per share for the year 2014.

Baoye Group Company Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Baoye Group Company Limited announced audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported purchase of property, plant and equipment of RMB 173,667,000 compared to RMB 220,412,000 a year ago. Return on equity of the company was 10.9% compared to 12.0% a year ago. Net assets value per share was RMB 9.46 compared to RMB 8.31 a year ago.

 

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