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daido group ltd (544) Details

Daido Group Limited, an investment holding company, provides cold storage and related services in the People’s Republic of China. It operates through Cold Storage and Related Services, Trading and Related Services, and Money Lending Services segments. The company’s services include warehousing and storage, transportation and distribution, container hauling and devanning, packaging, and various other valued-added services; and engineering services. It also manufactures industrial ice bars for construction use; trades in food and beverage products, including milk, sour milk, probiotic drinks, and products, such as kimchi and sticky rice cake; sub-leases properties; and provides money lending services, as well as engages in the financial investment activities. The company is headquartered in Central, Hong Kong.

310 Employees
Last Reported Date: 09/6/17

daido group ltd (544) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $1.7M
Chief Financial Officer, Company Secretary an...
Total Annual Compensation: $1.7M
Executive Director
Total Annual Compensation: $1.5M
Compensation as of Fiscal Year 2016.
daido group ltd
Daido Group Limited Reports Un-Audited Consolidated Cash Flow Results for the Six Months Ended June 30, 2017

Daido Group Limited reported un-audited consolidated cash flow results for the six months ended June 30, 2017. For the six months, the group reported net cash used in operating activities of HKD 31,980,000 compared to net cash from operating activities of HKD 5,057,000 a year ago. Purchase of property, plant and equipment was HKD 254,000 against HKD 971,000 a year ago.

Daido Group Limited Reports Un-Audited Consolidated Earnings Results for the Six Months Ended June 30, 2017

Daido Group Limited reported un-audited consolidated earnings results for the six months ended June 30, 2017. For the six months, the group reported revenue of HKD 130.8 million compared to HKD 144.5 million, loss before tax of HKD 17.8 million compared to HKD 12.5 million and loss attributable to owners of the company of HKD 17.8 million or 0.73 cents per basic share compared to HKD 12.5 million or 0.51 cents per basic share for the last year. The losses were mainly attributed to a significant and unexpected drop in the turnover of the group's cold storage business during the first half of the year, especially in storage volume and inventory turnover. As the Group's cold storage business is complementary to its logistics business, the latter was also affected.

Daido Group Limited to Report First Half, 2017 Results on Aug 25, 2017

Daido Group Limited announced that they will report first half, 2017 results on Aug 25, 2017


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