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yau lee holdings ltd (406) Details

Yau Lee Holdings Limited, an investment holding company, engages in construction business in Hong Kong, Macau, Singapore, and Mainland China. It operates through Construction, Electrical and Mechanical Installation, Building Materials Supply, Property Investment and Development, and Hotel Operations segments. The company contracts for various private developers and government institutions, as well as constructs large-scale resorts, hotels, and high-class residential buildings. It also offers architectural and engineering, pre-fabricated products, theme painting, curtain wall and steel works, plumbing and drainage, GRC, GRG, GRP, and construction IT services. In addition, the company provides a range of construction IT services, including software development, project management, system development and integration, and IT outsourcing services. Further, it trades construction and building materials; and develops residential, commercial, and industrial properties. Additionally, the company engages in hotel management, and patents licensing activities; trades environmental technology products; and manufactures and sells precast products and building materials. Yau Lee Holdings Limited was founded in 1958 and is headquartered in Kowloon Bay, Hong Kong.

3,100 Employees
Last Reported Date: 12/14/16
Founded in 1958

yau lee holdings ltd (406) Top Compensated Officers

Vice Chairman and Managing Director - Yau Lee...
Total Annual Compensation: $3.4M
Head of Corporate Development Department and ...
Total Annual Compensation: $3.6M
Executive Director and General Manager of Yau...
Total Annual Compensation: $2.1M
Compensation as of Fiscal Year 2016.
yau lee holdings ltd
Yau Lee Wah Technology Enters into Joint Venture Agreement with Zhen Hua

The Board of the company announced that on 7 March, 2017, Yau Lee Wah Technology entered into a joint venture Agreement with Zhen Hua for the formation of the joint venture company. Pursuant to the joint venture Agreement, the JV Company shall be, after its formation, owned as to 35% by Yau Lee Wah Technology and 65% by Zhen Hua. The registered capital of the JV Company is expected to be RMB 100 million. Yau Lee Wah Technology will contribute a total amount of RMB 35 million, RMB 23 million of which will be in the form of cash while the remaining balance of RMB 12 million will be in the form of the right to use of patented technologies for manufacturing precast concrete products. Zhen Hua will contribute a total amount of RMB 65 million in the form of cash.

Yau Lee Holdings Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2016

Yau Lee Holdings Limited announced unaudited consolidated earnings results for the six months ended September 30, 2016. For the period, the company reported revenues were HKD 2,814,163,000 against HKD 3,541,286,000 a year ago. Operating profit was HKD 519,000 against loss of HKD 48,137,000 a year ago. Loss before income tax was HKD 17,884,000 against HKD 62,756,000 a year ago. Loss attributable to equity holders of the company was HKD 21,224,000 or 4.85 cents basic and diluted per share against HKD 69,097,000 or 15.77 cents basic and diluted per share a year ago. Net cash used in operating activities was HKD 507,485,000 against HKD 218,697,000 a year ago. Purchase of property, plant and equipment was HKD 32,351,000 against HKD 127,628,000 a year ago.

Yau Lee Holdings Ltd. Announces Unaudited Consolidated Financial Results for the Six Months Ended September 30, 2016

Yau Lee Holdings Ltd. announced unaudited consolidated financial results for the six months ended September 30, 2016. For the six months, the group reported operating profit of HKD 519,000, loss before income tax of HKD 17,884,000 and loss for the period attributable to equity holders of the company of HKD 21,224,000 or 4.85 cents per diluted share on revenue of HKD 2,814,163,000 against operating loss of HKD 48,137,000, loss before income tax of HKD 62,756,000 and profit for the period attributable to equity holders of the company of HKD 69,097,000 or 15.77 cents per diluted share on revenue of HKD 3,541,286,000 for the same period of last year. The net asset value attributable to equity holders of the company as at 30 September 2016 was HKD 1,368,621,000, equivalent to HKD 3.12 per share.

 

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