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sparkle roll group ltd (970) Snapshot

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sparkle roll group ltd (970) Details

Sparkle Roll Group Limited, an investment holding company, engages in the dealership of automobiles, branded watches and jewelries, fine wines, audio equipment, and apparels primarily in Hong Kong, Mainland China, and Malaysia. It distributes cars of various brands, such as Bentley, Lamborghini, and Rolls-Royce; watches under the Richard Mille, DeWitt, Parmigiani, deLaCour, and Buben & Zorweg brand names; and jewelries under the Boucheron and Royal Asscher branded. The company also distributes fine red wines under the DUCLOT EXPORT, Domaine d’Eugénie, Maison Joanne Bordeaux, Ulysse Cazabonne, Compagnie Medocaine Des Grands Crus, and Chateau D’Yquem brand names; audio-visual equipment under the Bang & Olufsen and B&O PLAY brand names, as well as Corneliani branded luxury menswear. In addition, it trades automobile related parts and accessories; and offers automobile related after-sale services. Further, the company provides public relation and marketing, magazine publication, advertising, exhibition, corporate management, and consultancy services; and insurance agency services. Additionally, it is involved in the culture and art exchange activities; trading of artwork; operating an e-commerce platform; sale and distribution of audio and visual consumer electronics products; and property investment for rental activities. The company is based in Wanchai, Hong Kong.

485 Employees
Last Reported Date: 07/18/16

sparkle roll group ltd (970) Top Compensated Officers

Chairman, Chief Strategic Officer and Member ...
Total Annual Compensation: $1.9M
Compensation as of Fiscal Year 2016.

sparkle roll group ltd (970) Key Developments

Sparkle Roll Group Limited Reports Unaudited Consolidated Cash Flow Results for the Year Ended March 31, 2016

Sparkle Roll Group Limited reported unaudited consolidated cash flow results for the year ended March 31, 2016. For the period, the company reported net cash generated from operating activities of HKD 581,912,000 compared to net cash used in operating activities of HKD 524,589,000 a year ago. Purchases of property, plant and equipment was HKD 3,787,000 against HKD 33,227,000 a year ago.

Sparkle Roll Group Limited Announces Audited Consolidated Earnings Results for the Year Ended March 31, 2016

Sparkle Roll Group Limited announced audited consolidated earnings results for the year ended March 31, 2016. For the year, the company's revenue was HKD 2,376,904,000 compared to HKD 2,605,701,000 a year ago. Operating profit was HKD 16,133,000 compared to operating loss of HKD 410,070,000 a year ago. Loss before income tax was HKD 33,193,000 compared to loss before income tax of HKD 458,303,000 a year ago. Loss attributable to owners of the company was HKD 32,328,000 compared to loss attributable to owners of the company of HKD 455,685 a year ago. Loss per basic and diluted share attributable to owners of the company was 1.1 cents compared to loss per basic and diluted share attributable to owners of the company of 15.3 cents a year ago. The decrease in revenue was due to the PRC government's continuing anti-extravagance policies and weak economic momentum which adversely impact the demand for the Group's luxury products.

Sparkle Roll Group Limited to Report Fiscal Year 2016 Results on Jun 23, 2016

Sparkle Roll Group Limited announced that they will report fiscal year 2016 results on Jun 23, 2016


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