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Last $0.30 HKD
Change Today -0.01 / -3.23%
Volume 555.0K
As of 11:50 PM 04/26/15 All times are local (Market data is delayed by at least 15 minutes).

sage international group ltd (8082) Snapshot

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07/8/14 - $0.61
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sage international group ltd (8082) Details

Sage International Group Limited, an investment holding company, engages in the cemetery and funeral business in the Greater China Region. It provides deathcare services, including funeral services and interment services. The company’s funeral services include cremation, funeral arrangement, and funeral services in funeral parlours and funeral service centres. It also operates cemetery where it conveys the right to the customers to use a portion of the land within the cemetery for the purposes of cremation ground burial, mausoleum spaces, or columbarium; and sells various cemetery related merchandises used along with the interment rights. In addition, the company offers pre-arranged funeral planning services at the most desirable time prior to the time of need. Sage International Group Limited has two licensed funeral undertaking shops in Hong Kong; and three cemeteries, one funeral parlour, and one crematorium in China. . The company was formerly known as Info Communication Holdings Limited and changed its name to Sage International Group Limited in September 2010. The company was incorporated in 2001 and is headquartered in Wan Chai, Hong Kong.

130 Employees
Last Reported Date: 03/31/15
Founded in 2001

sage international group ltd (8082) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $3.8M
Compliance Officer and Executive Director
Total Annual Compensation: $2.0M
Compensation as of Fiscal Year 2013.

sage international group ltd (8082) Key Developments

Sage International Group Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Sage International Group Limited reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of HKD 11,635,000 against HKD 19,470,000 a year ago. Operating loss was HKD 21,181,000 against HKD 21,493,000 a year ago. Loss before taxation was HKD 27,398,000 against HKD 24,616,000 a year ago. Loss for the year from continuing operations was HKD 27,570,000 against HKD 24,775,000 a year ago. Loss for the year was HKD 60,284,000 against HKD 249,706,000 a year ago. Loss for the year attributable to owners of the company was HKD 60,436,000 against HKD 130,332,000 a year ago. Loss for the year attributable to owners of the company arises from continuing operations were HKD 27,737,000 against HKD 24,985,000 a year ago. Basic and diluted loss per share from continuing operations was HKD 0.17 per share against 0.16 per share a year ago. Total basic and diluted loss per share was HKD 0.37 against HKD 0.84 a year ago. Net cash used in operating activities was HKD 13,894,000 against HKD 25,963,000 a year ago. Purchase of property, plant and equipment was HKD 4,124,000 against HKD 4,004,000 a year ago. The decrease in revenue was mainly attributed by the gradual shift of the agency referral business to self-network generated business in the funeral cases. The increase in loss for the year from continuing operations was mainly attributable to higher professional fee for the VSD and finance cost. The main reasons for such reduction in loss include the effect of the cost control measures implemented during the year; increase in contribution from sales in Suzhou Cemetery operation and the inclusion of an after tax impairment loss of approximately HKD 173 million of Suzhou Cemetery in last corresponding period.

Sage International Group Limited to Report Fiscal Year 2014 Results on Mar 26, 2015

Sage International Group Limited announced that they will report fiscal year 2014 results on Mar 26, 2015

Sage International Group Limited, Board Meeting, Mar 26, 2015

Sage International Group Limited, Board Meeting, Mar 26, 2015. Agenda: To consider and approve the audited consolidated financial statements of the company and its subsidiaries for the year ended 31 December 2014; to consider and approve the announcement of the annual results of the Group to be published on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited website and company's website; to consider the payment of a dividend, if any; to consider closure of the Register of Members, if necessary; to consider the issuance of the notice to convene the 2014 Annual General Meeting; and to transact any other business.


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