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Last $0.01 SGD
Change Today -0.002 / -13.33%
Volume 541.0K
CESS On Other Exchanges
As of 4:49 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

china essence group ltd (CESS) Snapshot

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52 Week High
07/28/15 - $0.04
52 Week Low
06/30/15 - $0.0010
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china essence group ltd (CESS) Details

China Essence Group Ltd., together with its subsidiaries, manufactures and sells potato-based food products in Mainland China and Taiwan. The company produces potato starch for food processing and catering, pharmaceuticals, and oil and mining industries, as well as for manufacturing paper, adhesives, textiles, and building materials; potato starch-based products, including vermicelli, starch strips, and five-grain noodles; and modified potato starch for food, textile, and paper manufacturing industries. It also provides potato by-products comprising potato protein, an additive for a range of food applications, such as animal feed, dairy products, seafood, processed meat, sauces, beverages, and snacks; and potato fiber, an animal feed product. The company markets its products through a network of distributors, as well as sells directly to food and noodle manufacturers and farmers. China Essence Group Ltd. was founded in 2001 and is based in Daqing, the People’s Republic of China.

Founded in 2001

china essence group ltd (CESS) Top Compensated Officers

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china essence group ltd (CESS) Key Developments

China Essence Group Ltd. Reports Unaudited Group Earnings Results for the First Quarter Ended June 30, 2015

China Essence Group Ltd. reported unaudited group earnings results for the first quarter ended June 30, 2015. For the quarter, loss was RMB 25.4 million, compared to a loss of RMB 481.2 million for the three-months ended 30 June 2014. The higher loss is mainly due to the impairment of property, plant and equipment and impairment of trade receivables made during first quarter of 2015. Loss from operations was RMB 12,790,000 against RMB 465,300,000 a year ago. Net cash used in operating activities was RMB 15,000 against RMB 612,000 a year ago. Diluted earnings per share were RMB 0.065 against RMB 1.227 was RMB a year ago.

China Essence Group Ltd. Announces the Resignation of Shen Jianwei as Independent Director and Member of Nominating, Remuneration and Audit Committees

China Essence Group Ltd. announced the resignation of Shen Jianwei as Independent Director and Member of Nominating, Remuneration and Audit Committees. effective from August 3, 2015. The reason for the cessation is pave way for board restructuring.

China Essence Group Ltd. Announces Resignation of Li Jiquan as Executive Director

China Essence Group Ltd. announced resignation of Li Jiquan as Executive Director. Li was Responsible for the operations of China Essence's production facilities.


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