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Last $0.82 HKD
Change Today -0.05 / -5.75%
Volume 15.8M
217 On Other Exchanges
Hong Kong
As of 4:01 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

china chengtong development (217) Snapshot

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52 Week High
06/22/15 - $1.51
52 Week Low
09/1/14 - $0.32
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Current Stock Chart for CHINA CHENGTONG DEVELOPMENT (217)

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china chengtong development (217) Details

China Chengtong Development Group Limited, an investment holding company, primarily engages in the trading of bulk commodity and coal; and property development and investment businesses in the People’s Republic of China. It is also involved in processing and sale of coal; financial leasing activities, such as arranging sales and leaseback transaction; provision of marine travelling services; and operation of hotel. The company is based in Wanchai, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. China Chengtong Development Group Limited is a subsidiary of World Gain Holdings Limited.

288 Employees
Last Reported Date: 08/25/15

china chengtong development (217) Top Compensated Officers

Managing Director, Executive Director and Mem...
Total Annual Compensation: $1.2M
Chairman, Chairman of Nomination Committee, M...
Total Annual Compensation: $1.4M
Deputy General Manager, Executive Director an...
Total Annual Compensation: $628.0K
Deputy General Manager, Executive Director an...
Total Annual Compensation: $152.0K
Compensation as of Fiscal Year 2014.

china chengtong development (217) Key Developments

China Chengtong Development Group Ltd. Reports Unaudited Consolidated Earnings Results for Six Months Ended June 30, 2015

China Chengtong Development Group Ltd. reported unaudited consolidated earnings results for six months ended June 30, 2015. For the period, the company’s turnover was HKD 259.64 million, representing a decrease of approximately 53% as compared with the same period last year. Earnings per share were 0.95 cent, representing an increase of approximately 0.82 cent as compared with the same period last year. Profit before income tax was HKD 73,487,000 against loss of HKD 468,000 a year ago. Profit for the period attributable to owners of the company was HKD 46,704,000 against HKD 6,161,000 a year ago. The decrease in turnover was mainly due to the fact that the Group has temporarily suspended its bulk commodity trade business since February 2015 as the demand of bulk commodities in China has no signs of improvement. The main reasons for the profit recorded in the period are: there was an increase in the income from the financial lease business which has resumed during the period; (ii) exchange gains were recorded due to the appreciation of Renminbi during the period; (iii) the substantial decrease in the bulk commodity trade business during the period has led to a decrease in the relevant finance costs; and (iv) a prepayment in the amount of approximately HKD 17.17 million that had been impaired in the previous years was reversed during the period.

China Chengtong Development Group Ltd. to Report First Half, 2015 Results on Aug 25, 2015

China Chengtong Development Group Ltd. announced that they will report first half, 2015 results on Aug 25, 2015

China Chengtong Development Group Ltd., Board Meeting, Aug 25, 2015

China Chengtong Development Group Ltd., Board Meeting, Aug 25, 2015. Agenda: To consider and approve the announcement of the interim results of the company and its subsidiaries for the six months ended 30 June 2015; and to consider the declaration of an interim dividend, if any.


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