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Last C$0.04 CAD
Change Today 0.00 / 0.00%
Volume 0.0
FWK On Other Exchanges
As of 9:30 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

liuyang fireworks ltd (FWK) Snapshot

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08/24/15 - C$0.04
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03/31/15 - C$0.02
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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 Proposes Amendments to its Bylaws

Liuyang Fireworks Limited announced that its special general meeting to be held on September 18, 2015 to consider the pre-consolidation amendment resolution, authorizing amendments to the company's bye-laws to include a provision allowing the company to have regard to shares held beneficially through nominee shareholders in calculating fractional share entitlements arising on any share consolidation and to permit the company to rely upon such information in this regard as may be provided to them, either specifically, or in the aggregate, on behalf of such nominee and certain other provisions of the bye-laws that are necessary to provide the company a right to consolidate the shares or to compel the purchase of its share capital, as more particularly described in the accompanying management information circular of the company.

Liuyang Fireworks Limited Announces Earnings Results for the Third Quarter and Nine Months Ended March 31, 2015

Liuyang Fireworks Limited announced earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, revenue was CAD 3,912,000 against CAD 3,930,000 a year ago. The decrease was mainly attributable to a CAD 241,000 sales decrease in the international market but offset by CAD 223,000 from China domestic market fireworks sales revenue. LBITDA was CAD 327,000 against EBITDA of CAD 222,000 a year ago. Net loss was CAD 558,000 against CAD 74,000 a year ago. Basic loss per share was CAD 0.010 against CAD 0.001 a year ago. For the nine months, revenue was CAD 11,684,000 against CAD 11,616,000 a year ago. LBITDA was CAD 420,000 against CAD 238,000 a year ago. Net loss was CAD 804,000 against CAD 713,000 a year ago. Basic loss per share was CAD 0.015 against CAD 0.013 a year ago.

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.


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