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tai ping carpets internation (146) Details

Tai Ping Carpets International Limited manufactures, imports, exports, and sells carpets for commercial and residential environments worldwide. The company primarily offers hand tufted, machine woven, and tufted carpets. It is also involved in the manufacture and sale of yarns; sale of leather; and yarn dyeing activities. The company provides its products primarily for residences, boutiques, yachts, jets, hotels, restaurants, offices, and casinos. Tai Ping Carpets International Limited was founded in 1956 and is based in Wong Chuk Hang, Hong Kong.

2,871 Employees
Last Reported Date: 04/7/16
Founded in 1956

tai ping carpets internation (146) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $8.8M
Compensation as of Fiscal Year 2015.
tai ping carpets internation
Tai Ping Carpets International Limited Announces Change of Company Secretary and Authorized Representative

The board of directors of Tai Ping Carpets International Limited announced that Mr. Yip Wai Wan resigned as the company secretary and an authorized representative of the company with effect from 17 November 2016. Following the resignation of Mr. Yip, the board announced that Mr. Lung Chi Sing Alex has been appointed as the company secretary and an authorized representative of the company with effect from 17 November 2016. Mr. Lung is the chief financial officer of the company. Prior to joining the company, Mr. Lung served as a chief financial officer during 2011 to 2016 and group finance director during 2009 to 2011 of Mindray Medical International Limited. Prior to that, Mr. Lung also served as a corporate controller of ASAT Holdings Limited and as a finance manager of Clipsal Asia Holdings Limited.

Tai Ping Carpets International Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Tai Ping Carpets International Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company’s revenue was HKD 507,822,000 against HKD 494,584,000 a year ago. Operating loss was HKD 79,886,000 against HKD 67,753,000 a year ago. Loss before income tax was HKD 79,550,000 against HKD 66,966,000 a year ago. Loss attributable to owners of the company was HKD 93,616,000 or 44.12 cents per basic and diluted share against HKD 67,086,000 or 31.62 cents per basic and diluted share a year ago.

Tai Ping Carpets International Ltd. Provides Earnings Guidance for the Six Months Ended 30 June 2016

Tai Ping Carpets International Ltd. provided earnings guidance for the six months ended 30 June 2016. The group is expected to record a substantial net loss for the six months ended 30 June 2016.

 

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Valuation 146 Industry Range
Price/Earnings 24.9x
Price/Sales 0.4x
Price/Book 0.6x
Price/Cash Flow 24.9x
TEV/Sales NM Not Meaningful
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