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cnnc international ltd (2302) Details

CNNC International Limited, an investment holding company, explores and trades mineral properties. The company operates through two segments, Trading of Mineral Property, and Exploration and Trading of Mineral Properties. It holds interests in uranium projects located in Mongolia and the Republic of Niger. The company was formerly known as United Metals Holdings Limited and changed its name to CNNC International Limited in August 2008. The company was incorporated in 2002 and is headquartered in Wanchai, Hong Kong. CNNC International Limited is a subsidiary of CNNC Overseas Uranium Holding Limited.

12 Employees
Last Reported Date: 09/19/16
Founded in 2002

cnnc international ltd (2302) Top Compensated Officers

Chief Executive Officer, Executive Director, ...
Total Annual Compensation: $770.0K
Compensation as of Fiscal Year 2015.

cnnc international ltd (2302) Key Developments

CNNC International Limited Announces Change of Head Office and Principal Place of Business

The board of directors of CNNC International Limited announced that the company will relocate its head office and principal place of business to Unit 3009, 30th Floor, "118 Connaught Road West", No. 118 Connaught Road West, Hong Kong with effect from 26 October, 2016.

CNNC International Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

CNNC International Limited announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the first half, the company reported revenue of HKD 22,942,000. Loss before taxation HKD 12,993,000 compared to HKD 213,143,000 a year ago. Loss for the period was HKD 12,993,000 or 2.66 cents basic per share compared to HKD 213,143,000 or 43.57 cents basic per share a year ago. The material decrease in loss was due to the absence of the following items in the period: the Group (i) shared the loss of its associate (Société des Mines d'Azelik S.A. ("Somina")) for approximately HKD 88,756,000; and (ii) had made full provision of approximately HKD 119,857,000 for its investment equity of and loan receivables from Somina, for the six months ended June 30, 2015. The Group recorded a net cash outflow of approximately HKD 29,650,000 during the period, which was mainly due to the payment of inventories.

CNNC International Limited to Report Q2, 2016 Results on Aug 25, 2016

CNNC International Limited announced that they will report Q2, 2016 results on Aug 25, 2016


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Price/Sales 13.9x
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