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summit ascent holdings ltd (102) Snapshot

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summit ascent holdings ltd (102) Details

Summit Ascent Holdings Limited, an investment holding company, engages in the trading of tiles and engineering operation in Hong Kong. It is also involved in the gaming and hotel operations. The company was formerly known as Arnhold Holdings Limited. Summit Ascent Holdings Limited was founded in 1993 and is headquartered in Central, Hong Kong.

14 Employees
Last Reported Date: 09/18/15
Founded in 1993

summit ascent holdings ltd (102) Top Compensated Officers

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summit ascent holdings ltd (102) Key Developments

Summit Ascent Holdings Limited Presents at Citi China 10th Investor Conference 2015 - Macau, Nov-05-2015

Summit Ascent Holdings Limited Presents at Citi China 10th Investor Conference 2015 - Macau, Nov-05-2015 . Venue: Grand Hyatt Macau, City of Dreams, Estrada do Istmo, Cotai, Macau, China. Speakers: Craig Robertson Ballantyne, Chief Operating Officer of Russian Operations, Eric D. Landheer, Director of Corporate Finance and Strategy, Peter Ben Wang, Deputy Chairman.

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

Summit Ascent Holdings Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported turnover of HKD 18,568,000 against HKD 3,558,000 a year ago. Loss before taxation was HKD 43,763,000 against HKD 51,389,000 a year ago. Loss for the year, attributable to owners of the company was HKD 43,763,000 against HKD 51,389,000 a year ago. Basic and diluted loss per share was 2.99 cents against 3.68 cents a year ago. Net cash used in operating activities was HKD 10,056,000 against HKD 10,938,000 a year ago. Purchases of equipment were HKD 39,000 against HKD 118,000 a year ago. The significant increase of revenue met the company’s expectations and was mainly attributable to unit volume increases stemming from customers in Macau. Adjusted LBITDA was HKD 37,618,000 against HKD 13,483,000 a year ago.

Summit Ascent Holdings Limited to Report First Half, 2015 Results on Aug 31, 2015

Summit Ascent Holdings Limited announced that they will report first half, 2015 results on Aug 31, 2015


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Valuation 102 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 143.2x
Price/Book 5.2x
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TEV/Sales 141.5x

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