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ares asia ltd (645) Details

Ares Asia Limited, an investment holding company, engages in the coal trading business. It sells thermal coal purchased from Australia and Indonesia to the People’s Republic of China. The company was formerly known as KTP Holdings Limited and changed its name to Ares Asia Limited in April 2012. Ares Asia Limited was incorporated in 1993 and is headquartered in Kowloon, Hong Kong. Ares Asia Limited is a subsidiary of Reignwood International Holdings Company Limited.

8 Employees
Last Reported Date: 12/22/16
Founded in 1993

ares asia ltd (645) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $352.0K
Compensation as of Fiscal Year 2016.
ares asia ltd
Ares Asia Limited Reports Unaudited Consolidated Financial Results for the Six Months Ended 30 September 2016

Ares Asia Limited reported unaudited consolidated financial results for the six months ended 30 September 2016. For the six months, revenue was $98,837,000 against $9,189,000 for the same period of last year. Loss before taxation was $338,000 against $879,000 for the same period of last year. Loss and total comprehensive income for the period was $338,000 against $879,000 for the same period of last year. Loss per basic and diluted share was 0.10 cent against 0.26 cent for the same period of last year. Net cash used in operating activities was $40,379,000 against inflow of $26,240,000 for the same period of last year.

Ares Asia Limited to Report First Half, 2017 Results on Nov 30, 2016

Ares Asia Limited announced that they will report first half, 2017 results on Nov 30, 2016

Ares Asia Limited, Board Meeting, Nov 30, 2016

Ares Asia Limited, Board Meeting, Nov 30, 2016. Agenda: To approve the interim results of the company and its subsidiaries for the six months ended 30 September 2016 and its publication; and to consider the payment of an interim dividend (if any).


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