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hung hing print group ltd (450) Details

Hung Hing Printing Group Limited, an investment holding company, provides printing services and packaging products in Hong Kong and internationally. It operates through four segments: Book and Package Printing, Consumer Product Packaging, Corrugated Box, and Paper Trading. The company produces folding cartons and packaging for toys, cosmetics, and other consumer products; manufactures conventional and children’s novelty books; and prints and produces cards and social stationery items, such as diaries, gift sets, gift bags, and greetings cards. It also offers children's books; conventional books; luxury packaging, such as special coverings and rigid boxes; and novelty items comprising pop-ups, paper mechanisms, pull tabs, novelty additions, or reactive inks. In addition, the company operates BELUGA, a boutique digital service provider; and offers prepress services, including film, color separation, and color proof production services for packaging, books, magazines, posters, and other paper products. Further, it provides paper trading services; corrugated boxes for toy, food and beverage, electronics, and household product industries; production and color printing of paper products; corrugated carton boxes trading; and paper cartons printing and manufacturing services, as well as acts as a selling and purchasing agent. The company was founded in 1950 and is headquartered in Tai Po, Hong Kong.

9,510 Employees
Last Reported Date: 04/22/16
Founded in 1950

hung hing print group ltd (450) Top Compensated Officers

Executive Chairman and Member of Nomination C...
Total Annual Compensation: $7.1M
Executive Director of Consumer Product Packag...
Total Annual Compensation: $2.5M
Compensation as of Fiscal Year 2015.

hung hing print group ltd (450) Key Developments

Hung Hing Printing Group Ltd. Provides Earnings Guidance for the Six Months Period Ended June 30, 2016

The board of directors of Hung Hing Printing Group Limited informed the shareholders of the company and potential investors that, based on the preliminary review of the group's management accounts for the six months period ended 30 June 2016 and information currently available to the Board, the group expects to record a net loss of approximately HKD 20 million as compared to a net profit of HKD 12 million recorded by the group in the same period last year. During the six months ended 30 June 2016, the group expects to record a decrease of 6% in revenues over the corresponding period in 2015. Together with lower sales mix of special projects and the impact on capacity utilization, gross profit margins were anticipated to decrease by approximately HKD 33 million compared to the same period of last year.

Hung Hing Printing Group Ltd., Annual General Meeting, May 24, 2016

Hung Hing Printing Group Ltd., Annual General Meeting, May 24, 2016, at 16:00 China Standard Time. Location: Empire Room 1, 1/F, Empire Hotel Hong Kong 33 Hennessy Road Wan Chai Hong Kong Agenda: To receive and consider the audited financial statements and the reports of the directors and the auditors for the year ended 31 December 2015; to declare a final dividend for the year ended 31 December 2015; to re-elect directors and authorise the directors to fix directors remuneration; to appoint auditor and authorize the directors to fix auditor's remuneration; to grant general mandate to allot, issue and deal with shares of the company; to grant general mandate to purchase shares of the company; and to extend the aggregate number of shares of the company which are purchased by the company by adding the aggregate number of shares that may be allotted or agreed conditionally or unconditionally to be allotted by the directors of the company.

Hung Hing Printing Group Ltd. Reports Audited Consolidated Earnings Results for the Year Ended March 31, 2015

Hung Hing Printing Group Ltd. reported audited consolidated earnings results for the year ended March 31, 2015. For the period, the company reported revenue of HKD 3,036,933,000 against HKD 3,015,918,000 a year ago. Operating profit was HKD 71,659,000 against HKD 41,038,000 a year ago. Profit before income tax was HKD 65,027,000 against HKD 31,500,000 a year ago. Profit for the year Attributable to Equity shareholders of the Company was HKD 38,199,000 against HKD 7,914,000 a year ago. Earnings per basic and diluted share attributable to equity shareholders of the company was 4.2 cents against 0.9 cents a year ago. Net cash generated from operating activities was HKD 79,463,000 against HKD 197,571,000 a year ago. Purchases of property, plant and equipment was HKD 63,369,000 against HKD 60,356,000 a year ago.


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