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Last $0.01 SGD
Change Today 0.00 / 0.00%
Volume 11.7M
As of 4:23 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

albedo ltd (ALBD) Snapshot

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52 Week High
04/15/15 - $0.02
52 Week Low
03/17/15 - $0.0060
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albedo ltd (ALBD) Details

Albedo Limited, an investment holding company, engages in the supply and distribution of industrial and engineering raw materials to the metals industry Singapore and internationally. The company’s Trading and Distribution segment offers raw materials, including steel rolls and ferro alloys; and provides customer services. Its Manufacturing segment provides cast iron and steel rolls, as well as processes and recycles aluminium. The company distributes steel melt shop supplies, such as ferro alloys, carbon raisers/recarburisers, slag forming agents, aluminium products, cored wires, refractory products, measurement solution, copper parts, graphite electrodes, and pig iron; ore and mineral products, including iron, zircon, manganese, chrome, and nickel ores, as well as coking and thermal coal; ferrous and non ferrous scrap; and finished and secondary steel products. Albedo Limited was founded in 1987 and is based in Singapore.

Founded in 1987

albedo ltd (ALBD) Top Compensated Officers

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albedo ltd (ALBD) Key Developments

Albedo Limited Announces Unaudited Group Earnings Results for the First Quarter Ended March 31, 2015

Albedo Limited announced unaudited group earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of SGD 1,800,000 against SGD 3,400,000 a year ago. Loss for the financial period before taxation was SGD 254,000 against SGD 106,000 a year ago. Total loss for the financial period (net of tax) was SGD 252,000 against SGD 106,000 a year ago. Basic and diluted loss per share was 0.013 cents against 0.006 cents a year ago. Net cash used in operating activities was SGD 654,000 against SGD 1,985,000 a year ago.

Albedo Limited, Annual General Meeting, Apr 24, 2015

Albedo Limited, Annual General Meeting, Apr 24, 2015., at 10:00 Singapore Standard Time. Location: Raffles Marina Ltd, 10 Tuas West Drive. Agenda: To receive and adopt the audited financial statements for the financial year ended December 31, 2014 together with the reports of the Directors and the auditors thereon; to re-elect Mr. Yeo Chin Tuan Daniel who is retiring pursuant to Article 90 of the company's Articles of Association; to approve the payment of Directors fees of $150,000 for the financial year ending December 31, 2015, to be paid quarterly in arrears; to re-appoint Messrs Foo Kon Tan LLP for the financial year ending December 31, 2015 as the company's auditors and to authorize the Directors to fix their remuneration; to transact any other business that may be transacted at an annual general meeting; and to consider the directors of the company be and are hereby authorized to allot and issue shares in the capital of the company; convertible securities; or additional securities.

Albedo Limited Announces Consolidated Earnings Results for Full Year Ended December 31, 2014

Albedo Limited announced consolidated earnings results for full year ended December 31, 2014. For the year, the company reported revenue of SGD 10,017,000 against SGD 13,039,000 a year ago. Loss from continuing operations before taxation was SGD 12,915,000 against SGD 867,000 a year ago. Loss from continuing operations after taxation was SGD 13,105,000 against SGD 1,086,000 a year ago. Total loss for the year was SGD 13,105,000 against SGD 1,175,000 a year ago. Loss attributable to equity holders of company from continuing operations, net of tax was SGD 13,105,000 or 0.69 cents per basic and diluted share against SGD 1,086,000 or 0.11 cents per basic and diluted share a year ago. Net cash used in operating activities was SGD 135,000 against SGD 155,000 a year ago.


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