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Last $0.90 HKD
Change Today -0.03 / -3.23%
Volume 2.2M
1262 On Other Exchanges
Hong Kong
As of 2:07 AM 05/7/15 All times are local (Market data is delayed by at least 15 minutes).

labixiaoxin snacks group ltd (1262) Snapshot

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05/7/14 - $3.00
52 Week Low
03/24/15 - $0.62
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Current Stock Chart for LABIXIAOXIN SNACKS GROUP LTD (1262)

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labixiaoxin snacks group ltd (1262) Details

Labixiaoxin Snacks Group Limited, an investment holding company, manufactures and sells jelly, confectionary, beverages, and other snack products in the People’s Republic of China. It offers jelly products, including jelly snacks comprising fruit-flavored jellies, jellies filled with canned fruit, yogurt jellies, and jelly mousse, as well as jelly beverages; confectionary products consisting of lollipops, milk candies, gummy candies, and chocolates; and other products, such as powdered milk tea and dried bean curd products. The company offers its jelly products under the Labixiaoxin brand, as well as under sub-brands, such as Eden Bar, Fresh Q, and Qingmeiwuyu; and markets and sells confectionary products, powered milk tea, and dried bean curd products primarily under the Sunshine City, Humor, and Xiangdoufang brands. The company was formerly known as China Lifestyle Food and Beverages Group Limited and changed its name to Labixiaoxin Snacks Group Limited in June 2012. Labixiaoxin Snacks Group Limited was founded in 2000 and is headquartered in Jinjiang, the People’s Republic of China. Labixiaoxin Snacks Group Limited is a subsidiary of Alliance Food and Beverages (Holding) Company Limited.

1,900 Employees
Last Reported Date: 03/17/15
Founded in 2000

labixiaoxin snacks group ltd (1262) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: CNY800.0K
Chairman of the Board and Sales & Marketing D...
Total Annual Compensation: CNY800.0K
Executive Director and Member of Remuneration...
Total Annual Compensation: CNY800.0K
Compensation as of Fiscal Year 2013.

labixiaoxin snacks group ltd (1262) Key Developments

Labixiaoxin Snacks Group Limited Announces Board Changes

Labixiaoxin Snacks Group Limited announced that to enhance on the business expansion of the Group's beverages segment and to further reinforce the overall management strength of the Group, the board of directors of the company announced that Mr. Zheng Yu Long, who is currently the chairman of the Board, an executive director of the Company and a member of the remuneration committee of the Company, will assume additional responsibilities to oversee the Group's beverages segment. As a result, Mr. Zheng Yu Long has stepped down from the position as the Chairman with effect from 18 March 2015 so as to spend more time on his aforesaid additional responsibilities within the Group. Upon his resignation as the Chairman, Mr. Zheng Yu Long continues to hold the office as an executive director of the Company and remains as a member of the remuneration committee of the Company. Following the resignation of Mr. Zheng Yu Long as the Chairman, Mr. Zheng Yu Huan, an executive director of the Company, has been appointed as Chairman with effect from 18 March 2015.

Labixiaoxin Snacks Group Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Labixiaoxin Snacks Group Limited reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported sales of RMB 1,128,925,000 against RMB 1,833,795,000 a year ago. Operating profit was RMB 30,678,000 against RMB 444,953,000 a year ago. Profit before income tax was RMB 28,608,000 against RMB 449,041,000 a year ago. Profit and total comprehensive income for the year was RMB 11,114,000 against RMB 326,382,000 a year ago. Basic and diluted earnings per share attributable to equity holders of the company were RMB 0.01 against RMB 0.29 a year ago. Net cash generated from operating activities was RMB 118,224,000 against RMB 341,012,000 a year ago. Purchase of property, plant and equipment were RMB 164,691,000 against RMB 189,129,000 a year ago. The group recorded net cash inflow from operating activities of RMB 118.2 million, a decrease of 65.3% from 2013, mainly due to poor business performance after the Toxic Gelatin Incidence. In addition, the group has net cash outflow from financing activities of RMB 351.3 million mainly due to repayment of bank loans of RMB 334.7 million.

Labixiaoxin Snacks Group Limited to Report Fiscal Year 2014 Results on Mar 17, 2015

Labixiaoxin Snacks Group Limited announced that they will report fiscal year 2014 results on Mar 17, 2015


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