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Last $0.67 HKD
Change Today -0.04 / -5.63%
Volume 29.6M
904 On Other Exchanges
Hong Kong
As of 4:01 AM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

china culiangwang beverages (904) Snapshot

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04/2/15 - $1.03
52 Week Low
07/30/14 - $0.30
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china culiangwang beverages (904) Details

China Culiangwang Beverages Holdings Limited, an investment holding company, operates as a green food provider in the People’s Republic of China and internationally. It operates in three segments: Fresh Produce and Processed Products, Branded Food Products, and Branded Beverage Products. The company is engaged in growing, processing, and sale of agricultural products; and the production and sale of consumer food and beverage products. It offers fresh vegetables, such as sweet corns, lotus roots, radish, hairy beans, and water melons, as well as canned and frozen products; and rice and hotpot products. The company sells its food and beverage products under the Cu Liang Wang brand name. The company was formerly known as China Green (Holdings) Limited and changed its name to China Culiangwang Beverages Holdings Limited in July 2014. China Culiangwang Beverages Holdings Limited was founded in 1998 and is headquartered in Wanchai, Hong Kong.

4,677 Employees
Last Reported Date: 01/21/15
Founded in 1998

china culiangwang beverages (904) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: CNY2.0M
Assistant to Chief Executive Officer and Exec...
Total Annual Compensation: CNY540.0K
Compensation as of Fiscal Year 2014.

china culiangwang beverages (904) Key Developments

China Culiangwang Beverages Holdings Limited Announces Executive Changes, with Effect from 1 April 2015

China Culiangwang Beverages Holdings Limited announced Mr. Sung Chi Keung resigned as the chief financial officer and company secretary of the Company and ceased to act as one of the authorised representatives of the company. Mr. Pang Wing Hong was appointed as the new chief financial officer, company secretary and the Authorised Representatives of the Company, all with effect from 1 April 2015. Mr. Pang has over 20 years solid experience in financial management, accounting, auditing and corporate finance with strong comprehension of the China and international markets.

China Culiangwang Beverages Holdings Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended October 31, 2014

China Green Holdings Ltd. announced unaudited consolidated earnings results for the six months ended October 31, 2014. For the period, the company reported turnover was RMB 1,060,564,000 against RMB 1,096,094,000 a year ago. Profit from operations was RMB 130,873,000 against RMB 57,634,000 a year ago. Profit before taxation was RMB 62,777,000 against loss before taxation of RMB 16,659,000 a year ago. Profit for the period attributable to owners of the company was RMB 10,598,000 against loss for the period attributable to owners of the company of RMB 63,327,000 a year ago. Diluted and basic profit per share was 0.9 cents against basic and diluted loss per share of 17 cents a year ago. The decline in the Group's revenue is mainly due to the decline in the revenue from the Group's fresh produce and processed products as there was no export of fresh produce and processed products from the Group during the six months ended October 31, 2014.

China Culiangwang Beverages Holdings Limited Provides Earnings Guidance for the Six Months Ended October 31, 2014

The board of directors of China Culiangwang Beverages Holdings Limited announced that the group is expected to record a consolidated net profit for the six months ended October 31, 2014 as compared to a consolidated net loss for the six months ended October 31, 2013. The group's expected profit position for the current period is mainly attributable to increase in gross profit margin; an one-off impairment loss of approximately RMB 46 million in respect of property, plant and equipment due to the disposal of a subsidiary of the company was recognized in the previous period whereas no such impairment loss was recognized in the current period; and decrease in finance cost during the current period.


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