Last $5.23 HKD
Change Today -0.05 / -0.95%
Volume 178.0K
As of 3:01 AM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

chiho-tiande group ltd (976) Snapshot

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03/2/15 - $5.86
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12/24/14 - $2.41
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chiho-tiande group ltd (976) Details

Chiho-Tiande Group Limited, an investment holding company, is engaged in the recycling of mixed metal scrap primarily in the People’s Republic of China. The company recycles, disassembles, and processes mixed metal scrap, including wasted motors, wasted dynamo, wasted electric wires and cables, and other mixed metal scraps into copper, steel, aluminum, iron, and other metal scraps for metal manufacturers. It also produces and sells aluminum-alloy ingots, and copper rods and wires; and trades in other metal scrap without processing and copper cathode. Chiho-Tiande Group Limited is headquartered in Taizhou, the People's Republic of China.

555 Employees
Last Reported Date: 09/18/14

chiho-tiande group ltd (976) Top Compensated Officers

Co-Founder, Executive Chairman, Chief Executi...
Total Annual Compensation: $1.2M
Co-Founder, Vice President, Executive Directo...
Total Annual Compensation: $1.1M
Vice-President, Executive Director and Member...
Total Annual Compensation: $927.0K
Compensation as of Fiscal Year 2013.

chiho-tiande group ltd (976) Key Developments

Chiho-Tiande Group Limited Announces Resignation of Michael Charles Lion as Non-Executive Director and a Member of the Audit Committee

The Board of Chiho-Tiande Group Limited announced that Mr. Michael Charles Lion has resigned as a non-executive Director and a member of the audit committee of the company, with effect from 16 February 2015. Mr. Lion was nominated by Sims Metal Management Dragon Holdings Limited for appointment by the company as a non-executive Director in 2012. Mr. Lion resigned from his directorship following the completion of disposal by Sims of all its shares in the company. Mr. Lion has confirmed that there is no disagreement with the company in any respect and there are no matters which need to be brought to the attention of the shareholders of the company in relation to his resignation.

Chiho-Tiande Group Appoints Zhu Dajian as Independent Non-Executive Director

Chiho-Tiande Group has appointed Zhu Dajian as Independent Non-Executive Director. The effective date is December 17, 2014.

Chiho-Tiande Group Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2014

Chiho-Tiande Group Limited reported unaudited consolidated earnings results for the six months ended June 30, 2014. For the six months, the company reported loss before tax was HKD 904,534,000, loss of HKD 906,714,000, loss for the period attributable to owners of the company was HKD 896,030,000 or HKD 0.857 diluted loss per share on revenue of HKD 3,204,362,000 against loss before tax was HKD 797,441,000, loss of HKD 773,186,000, loss for the period attributable to owners of the company was HKD 748,940,000 or HKD 0.718 diluted loss per share on revenue of HKD 3,825,686,000 for the same period a year ago. The decrease in loss was mainly due to the adverse impact of the prolonged volatility and the sharp downward movement of the global metal prices and the loss derived from derivative financial instruments.


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Price/Book 6.3x
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