Last $0.37 HKD
Change Today 0.00 / 0.00%
Volume 0.0
2898 On Other Exchanges
Symbol
Exchange
Hong Kong
As of 3:01 AM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

longrun tea group co ltd (2898) Snapshot

Open
$0.37
Previous Close
$0.37
Day High
$0.37
Day Low
$0.37
52 Week High
03/12/14 - $0.47
52 Week Low
02/27/14 - $0.28
Market Cap
536.3M
Average Volume 10 Days
276.0K
EPS TTM
$-0.02
Shares Outstanding
1.4B
EX-Date
12/20/04
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LONGRUN TEA GROUP CO LTD (2898)

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longrun tea group co ltd (2898) Details

Longrun Tea Group Company Limited, an investment holding company, engages in the production, trading, and distribution of tea and other food products in the People’s Republic of China, Hong Kong, and rest of Asia. It provides Pu’er tea, black tea, dark tea, and green tea products with 300 varieties; and traditional and convenient tea products, such as tea cakes, loose tea leaves, tea gift sets, teacups, instant tea essence, tea bags, etc. As of March 31, 2014, the company operated a network of approximately 500 self-owned and franchised tea shops primarily in Mainland China. It also operates four mega retail outlets in Kunming, Yunnan Province. The company also manufactures, sells, and distributes pharmaceutical products. In addition, it is involved in property holding activities; provision of management and technical services; and operation of a clubhouse. Longrun Tea Group Company Limited is headquartered in Tsuen Wan, Hong Kong.

828 Employees
Last Reported Date: 12/5/14

longrun tea group co ltd (2898) Top Compensated Officers

Vice Chairman, Chief Executive Officer, Chair...
Total Annual Compensation: $23.4M
Founder, Executive Chairman, Chairman of Nomi...
Total Annual Compensation: $5.5M
Executive Director and Member of Executive Co...
Total Annual Compensation: $624.0K
Executive Director and Member of Executive Co...
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2014.

longrun tea group co ltd (2898) Key Developments

Longrun Tea Group Company Limited Reports Earnings Results for the Six Months Ended September 30, 2014

Longrun Tea Group Company Limited reported earnings results for the six months ended September 30, 2014. For the period, the company reported loss attributable to owners of the company of HKD 19.1 million or 1.32 cents per share compared to a profit attributable to owners of the company of HKD 20.34 million or 1.40 cents per share for the same period ended September 30, 2013. Revenue was HKD 120.55 million compared to HKD 126.06 million for the same period ended September 30, 2013. Loss before tax was HKD 18.02 million compared to a profit before tax of HKD 21.01 million for the same period ended September 30, 2013.

Longrun Tea Group Company Limited, Special/Extraordinary Shareholders Meeting, Dec 16, 2014

Longrun Tea Group Company Limited, Special/Extraordinary Shareholders Meeting, Dec 16, 2014., at 11:00 China Standard Time. Location: Unit 2201, 22/F., Bank of America Tower. Agenda: To approve the supplemental sales agreement dated 30 October 2014 entered into among Yunnan Longrun Tea Technology Company Limited, Ideality Technology Group Company Limited in relation to, among other matters, the sales of tea and tea related products by Yunnan Longrun Tea to the Ideality Group and the transactions.

Longrun Tea Group Company Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2014

Longrun Tea Group Company Limited announced unaudited consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported revenue of HKD 120,555,000 compared to HKD 126,060,000 a year ago. Loss before tax was HKD 18,024,000 compared to profit of HKD 21,015,000 a year ago. Loss for the period attributable to owners of the company was HKD 19,098,000 compared to profit of HKD 20,336,000 a year ago. Basic and diluted loss per share was 1.32 cents compared to basic and diluted earnings per share of 1.40 cents a year ago. During the period, the Group acquired property, plant and equipment of HKD 6,364,000 compared to HKD 10,144,000 a year ago. The loss for the period under review as compared to a profit for the corresponding period last year was mainly due to absence of the one-off gain arising from the disposal of the Group's property in July 2013, of which the Group recorded a gain before tax and expenses of approximately HKD 69.61 million for the six months ended 30 September 2013.

 

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