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Last $5.21 HKD
Change Today 0.00 / 0.00%
Volume 0.0
976 On Other Exchanges
As of 4:01 AM 10/7/15 All times are local (Market data is delayed by at least 15 minutes).

chiho-tiande group ltd (976) Snapshot

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52 Week High
06/16/15 - $12.60
52 Week Low
12/24/14 - $2.41
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Current Stock Chart for CHIHO-TIANDE GROUP LTD (976)

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chiho-tiande group ltd (976) Details

Chiho-Tiande Group Limited, an investment holding company, engages in the recycling of mixed metal scrap primarily in the People’s Republic of China. It operates through Metal Recycling Business, Foundry Business, and Wholesales Business segments. 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. The company serves metallurgy, machinery, electronic, and other industries. Chiho-Tiande Group Limited is headquartered in Taizhou, the People's Republic of China.

458 Employees
Last Reported Date: 09/14/15

chiho-tiande group ltd (976) Top Compensated Officers

Co-Founder, Vice Chairman, Chief Executive Of...
Total Annual Compensation: $1.2M
Vice-President, Executive Director and Member...
Total Annual Compensation: $947.0K
Compensation as of Fiscal Year 2014.

chiho-tiande group ltd (976) Key Developments

Chiho-Tiande Group Limited Reports Unaudited Consolidated Cash Flow Results for the Six Months Ended June 30, 2015

Chiho-Tiande Group Limited reported unaudited consolidated cash flow results for the six months ended June 30, 2015. For the six months, the company reported net cash from operating activities of HKD 16,448,000 compared to HKD 654,280,000 a year ago. Purchases of property, plant and equipment was HKD 58,571,000 compared to HKD 81,501,000 a year ago. Purchases of available-for-sale investment was HKD 72,277,000.

Chiho-Tiande Group Limited Announces Board Changes

Chiho-Tiande Group Limited announced that Mr. Zhang Mingjie and Mr. Meng Yi are appointed as executive Directors with effect from 22 August 2015. Mr. Zhang Mingjie, aged 40, has been the executive director and president of Beijing Suncorps Financing Investment Fund Management Co. Ltd. since December 2012. Mr. Meng Yi, aged 51, joined USUM Investment Group Limited in February 2015 and currently serves as the director, president and chief executive officer of USUM.

Chiho-Tiande Group Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Chiho-Tiande Group Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. Revenue was HKD 1,779,975,000 against HKD 3,204,362,000 last year. Loss before tax was HKD 945,734,000 against HKD 904,534,000 last year. Loss attributable to owners of the company was HKD 949,641,000 or HKD 0.809 per basic and diluted share against HKD 896,030,000 or HKD 0.857 per basic and diluted share last year. The loss attributable to the owners of the company is largely attributable to the losses derived from the fair value changes of the derivative financial instruments of HKD 315.8 million and the derivative components of the company's convertible bonds of HKD 559.9 million. The loss derived from the fair value change of the derivative components of the company's convertible bonds is a non-cash accounting treatment solely for compliance with HKFRSs and will not have an impact on the operating cash flow of the group.


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