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Last $0.23 HKD
Change Today +0.004 / 1.74%
Volume 267.5K
1182 On Other Exchanges
Hong Kong
As of 4:01 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

c y foundation group ltd (1182) Snapshot

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52 Week High
04/1/14 - $0.66
52 Week Low
01/7/15 - $0.19
Market Cap
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Current Stock Chart for C Y FOUNDATION GROUP LTD (1182)

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c y foundation group ltd (1182) Details

C Y Foundation Group Limited, an investment holding company, manufactures and sells packaging products for luxury goods. It offers medium to high-end presentation boxes for watches, jewelry, and gift items. The company also places and manages electronic gaming machines in hotels and casinos in Macau. It has operations primarily in France, Slovakia, the People’s Republic of China, the United Kingdom, Germany, Hong Kong, Italy, South Africa, the United States, and Macau. The company is based in North Point, Hong Kong.

428 Employees
Last Reported Date: 12/11/14

c y foundation group ltd (1182) Top Compensated Officers

Chairman of the Board
Total Annual Compensation: $3.7M
Compensation as of Fiscal Year 2014.

c y foundation group ltd (1182) Key Developments

C Y Foundation Group Limited Provides Un-Audited Earnings Guidance for the Year Ending March 31, 2015

C Y Foundation Group Limited provided un-audited earnings guidance for the year ending March 31, 2015. The group expected based on a preliminary assessment of the latest available unaudited management accounts of the group, the loss of the group for the financial year ending 31 March 2015 is expected to increase to a greater extent as compared to that of the corresponding year in 2014. The expected loss was extended mainly attributable to: the absence of two items of one-off income from non-operating activities for the corresponding year in 2014, namely, (a) approximate HKD 8.3 million being the gain realized from the disposal of the entire equity interest in Expert Global Investments Limited, and (b) approximate HKD 11.7 million being the collection of the settlement sum in relation to the entering into the deed of settlement between Lucky Zone Holdings Limited, a subsidiary of the Company and Mr. Leung Ching Yuen Ronald; and an indication of potential impairment losses for the financial year ending 31 March 2015 in respect of the Group's intangible assets and goodwill which are subject to the further review by the Company and the finalization of impairment assessment by an independent professional valuer.

LIN Zheying Resigns as Executive Director of C Y Foundation Group Limited

The board of directors of C Y Foundation Group Limited announced that Mr. LIN Zheying, due to personal work arrangement, has resigned as an Executive Director of the company and ceased to be a member each of the Executive Committee and the Investment Committee with effect from 20 March 2015. Mr. Lin confirmed that he has no disagreement with the Board and that there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the company or The Stock Exchange of Hong Kong Limited pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange.

C Y Foundation Group Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2014

C Y Foundation Group Limited reported unaudited consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported revenue of HKD 93,854,000 against HKD 28,477,000 a year ago. Loss from operations was HKD 17,997,000 against HKD 10,894,000 a year ago. Loss before tax was HKD 12,255,000 against profit before tax of HKD 1,345,000 a year ago. Loss for the period from continuing operations was HKD 11,923,000 or 1.08 cents per diluted share against profit for the period from continuing operations of HKD 1,130,000 or 0.11 cents per diluted share a year ago. Loss profit attributable to owners of the company was HKD 11,923,000 or 1.08 cents per diluted share against profit attributable to owners of the company of HKD 8,82,000 or 0.84 cents per diluted share a year ago. Acquisition of property, plant and equipment amounted to HKD 1,400,000.


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