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Last C$0.02 CAD
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FWK On Other Exchanges
As of 3:31 PM 04/9/15 All times are local (Market data is delayed by at least 15 minutes).

liuyang fireworks ltd (FWK) Snapshot

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09/22/14 - C$0.04
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08/1/14 - C$0.01
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liuyang fireworks ltd (FWK) Details

Liuyang Fireworks Limited develops, manufactures, and distributes fireworks and related products to wholesalers and retailers. It operates in the People's Republic of China, North America, South America, and Europe. The company was founded in 1993 and is headquartered in Liuyang, the People’s Republic of China.

Founded in 1993

liuyang fireworks ltd (FWK) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$67.0K
Chief Financial Officer
Total Annual Compensation: C$80.2K
Compensation as of Fiscal Year 2014.

liuyang fireworks ltd (FWK) Key Developments

Liuyang Fireworks Limited Announces Consolidated Financial Results for the Second Quarter and Half Year Ended December 31, 2014

Liuyang Fireworks Limited announced consolidated financial results for the second quarter and half year ended December 31, 2014. For the quarter, revenue was CAD 5,316,000 against CAD 4,565,000 a year ago. EBITDA was CAD 34,000 against LBITDA of CAD 232,000 a year ago. Net loss was CAD 36,000 or CAD 0.001 per basic and diluted share against CAD 410,000 or CAD 0.007 per basic and diluted share a year ago. The increase in revenue was attributable to a CAD 0.53 million increase in international sales and a CAD 0.22 million improvement in domestic revenue during the quarter. The improvement In EBITDA was attributable to the higher revenue and gross profit during the quarter as well as a CAD 155,000 reduction in sales expenditures, partially offset by a CAD 120,000 increase in general and administrative expenses. For the half year, revenue was CAD 7,667,000 against CAD 7,687,000 a year ago. LBITDA was CAD 75,000 against CAD 443,000 a year ago. Net loss was CAD 246,000 or CAD 0.002 per basic and diluted share against CAD 787,000 or CAD 0.014 per diluted share a year ago.

Liuyang Fireworks Limited Announces Resignation of Calvista LLP as Auditor

Liuyang Fireworks Limited announced that its auditors, Calvista LLP Professional Accountants, have resigned effective February 2, 2015. The company also reports that there are no unresolved differences of opinion between the company and its former auditor. The company has already commenced a search for a replacement auditor.

Liuyang Fireworks Limited Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2014

Liuyang Fireworks Limited reported consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported revenue of CAD 2,457,000 against CAD 3,121,000 a year ago. The decrease was mainly attributable to the plant shutdown which delayed the company's European order production schedule into September of 2014. LBITDA was CAD 109,000 against CAD 211,000 a year ago. Net loss was CAD 209,000 or CAD 0.002 per basic and diluted share against CAD 377,000 or CAD 0.007 per basic and diluted share a year ago.


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