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huscoke resources holdings l (704) Snapshot

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huscoke resources holdings l (704) Details

Huscoke Resources Holdings Limited, an investment holding company, produces and trades coke in Hong Kong and Mainland China. It operates through Coke Trading, Coal-Related Ancillary, and Coke Production segments. The company’s coal-related ancillary operations include coal washing, power generation, logistics service, and heat production. It is also involved in the properties holding activities. The company was formerly known as Frankie Dominion International Ltd. and changed its name to Huscoke Resources Holdings Limited in September 2008. Huscoke Resources Holdings Limited is based in Admiralty, Hong Kong.

1,525 Employees
Last Reported Date: 09/29/15

huscoke resources holdings l (704) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $949.0K
Chairman
Total Annual Compensation: $585.0K
Compensation as of Fiscal Year 2014.

huscoke resources holdings l (704) Key Developments

Huscoke Resources Holdings Limited Provides Earnings Guidance for the Eleven Months Ended November 30, 2015

Huscoke Resources Holdings Limited provided earnings guidance for the eleven months ended November 30, 2015. The board currently estimates that the Company and its subsidiaries will likely record a net loss for the year ending 31 December 2015.

Huscoke Resources Holdings Limited Reports Unaudited Consolidated Cash Flow Results for the Six Months Ended June 30, 2015

Huscoke Resources Holdings Limited reported unaudited consolidated cash flow results for the six months ended June 30, 2015. For the period, the company reported net cash flows from operating activities of HKD 30,123,000 against HKD 20,119,000 a year ago.

Huscoke Resources Holdings Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Huscoke Resources Holdings Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenue of HKD 313,201,000 compared to HKD 370,634,000 for the same period a year ago. Profit before tax was HKD 25,356,000 compared to loss before tax of HKD 865,913,000 a year ago. Profit for the period attributable to owners of the parent was HKD 28,304,000 compared to loss for the period attributable to owners of the parent of HKD 818,152,000 a year ago. Basic earnings per share were 0.47 cents compared to basic loss per share of 13.69 cents a year ago. The profit was mainly due to the decrease of cost of production due to reduction of raw material cost; the onetime gain in the sale of office property of approximately HKD 71,446,000 after deducting the disposal expenses and its carrying amount; and no impairment is recorded in the Review Period as compared to a total of approximately HKD 750 million of impairment recorded in the corresponding period of 2014 (composed of impairment on items of property, plant and equipment of approximately HKD 361,406,000 and impairment on goodwill of HKD 388,544,000).

 

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