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Last $1.08 HKD
Change Today 0.00 / 0.00%
Volume 0.0
873 On Other Exchanges
Hong Kong
As of 4:01 AM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

china taifeng beddings holdi (873) Snapshot

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52 Week High
07/7/14 - $1.69
52 Week Low
05/30/14 - $0.71
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Current Stock Chart for CHINA TAIFENG BEDDINGS HOLDI (873)

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china taifeng beddings holdi (873) Details

China Taifeng Beddings Holdings Limited, an investment holding company, manufactures and distributes cotton yarns and bedding products. The company provides cotton yarns to textile manufacturers for the production of cotton textile used in garments and furnishings. It offers bedding products, including bed covers, flat sheets, pillow cases, bed sheets, and quilt covers, as well as combination sets of such bedding products. The company sells its bedding products directly or through distributors under the ‘Taifeng’ brand. As of December 31, 2013, the company operated approximately 1,225 stores and counters. It has operations primarily in the People’s Republic of China, the United States, Brazil, Hong Kong, Macau, and Europe. The company was formerly known as International Taifeng Holdings Limited and changed its name to China Taifeng Beddings Holdings Limited in January 2013. China Taifeng Beddings Holdings Limited was founded in 2001 and is headquartered in Laiwu, the People’s Republic of China.

Founded in 2001

china taifeng beddings holdi (873) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: CNY814.0K
Chairman, Member of Nomination Committee and ...
Total Annual Compensation: CNY1.0M
Executive Director
Total Annual Compensation: CNY806.0K
Compensation as of Fiscal Year 2013.

china taifeng beddings holdi (873) Key Developments

China Taifeng Beddings Holdings Limited Announces Unaudited Consolidated Earnings Results for the Year Ended December 31, 2014; Announces Delay in Publication of Audited Annual Results for the Year Ended December 31, 2014

China Taifeng Beddings Holdings Limited announced unaudited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue was RMB 1,261,041,000 against RMB 2,147,618,000 a year ago. Loss before taxation was RMB 1,242,708,000 against profit of RMB 421,069,000 a year ago. Loss and total comprehensive expense for the year attributable to owners of the company was RMB 1,188,010,000 against profit of RMB 297,482,000 a year ago. The company announced delay in publication of audited annual results for the year ended December 31, 2014. The reasons for the delay are, that the company needs more time to ascertain the fair value assessments of the estimated recoverable amounts of the group's assets which may be impaired as a results of the latest financial position of the company; and that the auditors of the company have indicated that more time is required to ascertain the cash flow position of the company as a result of the latest situation of the company including the liquidity position of the company as disclosed in the company's announcements dated 12 December and 15 December 2014, respectively; and to perform additional audit work on the reasonableness of the expenses in respect of the group's channel restructuring plan carried out during the year and the sales and corresponding trade receivables for the year in order to finalise the audit of the consolidated financial statements of the group for the year ended 31 December 2014. Such that, the board wishes to inform the shareholders of the company that the 2014 Annual Results are expected to be released, and the Board Meeting to approve the 2014 Annual Results is expected to be held on 3 June 2015.

China Taifeng Beddings Holdings Limited Announces Delay in Publication of 2014 Annual Results

China Taifeng Beddings Holdings Limited announced that the company is not able to publish the 2014 annual results on 31 March 2015 due to the fact that the auditors will not complete their audit of the company's financial statements in sufficient time. The company will actively promote the audit process. Upon the completion of the audit report, the company will announce its annual results for the year 2014 in due course.

China Taifeng Beddings Holdings Limited to Report Fiscal Year 2014 Results on Apr 21, 2015

China Taifeng Beddings Holdings Limited announced that they will report fiscal year 2014 results on Apr 21, 2015


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