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Last $0.0070 SGD
Change Today 0.00 / 0.00%
Volume 0.0
As of 5:04 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

china flexible packaging hld (CFLX) Snapshot

Open
$0.0060
Previous Close
$0.0070
Day High
$0.0070
Day Low
$0.0060
52 Week High
02/13/15 - $0.03
52 Week Low
07/3/15 - $0.0060
Market Cap
3.3M
Average Volume 10 Days
295.2K
EPS TTM
$-0.15
Shares Outstanding
470.4M
EX-Date
05/20/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHINA FLEXIBLE PACKAGING HLD (CFLX)

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china flexible packaging hld (CFLX) Details

China Flexible Packaging Holdings Limited, an investment holding company, manufactures and sells plastic packaging films, synthetic papers, and high barrier films in Mainland China and Taiwan. The company offers biaxially oriented polypropylene films, including high shrinkage films, such as labeling and tobacco films; and low shrinkage films comprising pearlised, matt, and plain films for printing, lamination, and coating. It also produces synthetic paper that is used in commercial packaging, printing, food, medical, and cosmeceutical industries; and five-layer high barrier films for use in the vacuum packing of meat products. The company serves food processing and tobacco industries, as well as other light industries involved in labeling, printing, and gift wrapping. China Flexible Packaging Holdings Limited is based in Jieyang, the People's Republic of China.

china flexible packaging hld (CFLX) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: CNY970.0K
Executive Director
Total Annual Compensation: CNY38.0K
Compensation as of Fiscal Year 2014.

china flexible packaging hld (CFLX) Key Developments

China Flexible Packaging Holdings Limited Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended April 30, 2015

China Flexible Packaging Holdings Limited announced unaudited consolidated financial results for the second quarter and six months ended April 30, 2015. For the quarter, the company reported revenue of RMB 73,379,000 against RMB 151,747,000 a year ago. Loss before tax was RMB 88.897 million against RMB 18.434 million a year ago. Net loss for the period was RMB 88.987 million or RMB 0.183 per basic share against RMB 18.434 million or RMB 0.038 per basic share a year ago. Net cash flows used in operating activities was RMB 19.896 million against net cash generated from operating activities of RMB 5.899 million a year ago. The decrease in revenue was primarily attributed to the lower average selling price of the Group's major product low shrinkage films because of keener competition, lower market demand and the presence of sub-standard products which were sold at a lower price. The net cash outflow was mainly attributable to the operating loss before working capital changes of RMB 32.7 million. The cash outflow was partially offset by the cash generated from the settlement of accounts receivables and realisation in inventory during the second quarter of 2015. For the six months, the company reported revenue of RMB 198.102 million against RMB 289.626 million a year ago. Loss before tax was RMB 106.861 million against RMB 30.474 million a year ago. Net loss for the period was RMB 106.861 million or RMB 0.220 per basic share against RMB 30.474 million or RMB 0.063 per basic share a year ago. Net cash flows generated from operating activities were RMB 9.313 million against RMB 13.482 million a year ago.

China Flexible Packaging Holdings Limited Promotes Chan Chun Kit as a Chief Financial Officer, with Effect from 1 May 2015

The Board of Directors of China Flexible Packaging Holdings Limited announced the promotion of Mr. Chan Chun Kit from Financial Controller to Chief Financial Officer of the Company with effect from 1 May 2015. Mr. Chan Chun Kit joined the Company as Finance Manager and Joint Company Secretary in May 2011. Subsequently He promoted from Finance Manager to Financial Controller in May 2012. He is in charge of the overall control of finance, accounting and taxation aspects of Group. In addition, he is responsible for implementing internal controls and corporate governance and practices, as well as liaising with external parties and regulatory bodies in respect of financial matters. He is a member of the Hong Kong Institute of Certified Public Accountants (HKICPA). He is also members of the Hong Kong Institute of Chartered Secretaries (HKICS) and the Institute of Chartered Secretaries and Administrators (ICSA).

China Flexible Packaging Holdings Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended January 31, 2015

China Flexible Packaging Holdings Limited reported unaudited consolidated earnings results for the first quarter ended January 31, 2015. For the quarter, the company reported revenue of RMB 124,723,000 against RMB 137,879,000 a year ago. Loss before taxation was RMB 17,873,000 against RMB 12,037,000 a year ago. Net loss for the period was RMB 17,873,000 against RMB 12,037,000 a year ago. Total comprehensive loss for the period attributable to owners of the company was RMB 17,895,000 against RMB 12,038,000 a year ago. Net cash generated from operating activities was RMB 29,210,000 against RMB 7,583,000 a year ago. Loss per ordinary share for the period based on net loss attributable to owners of the company was RMB 0.037 against RMB 0.025 a year ago.

 

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