May 24, 2018 10:18 AM ET

Hotels, Restaurants and Leisure

Company Overview of Hop Hing Group Holdings Limited

Company Overview

Hop Hing Group Holdings Limited, an investment holding company, operates a chain of quick service restaurants under the Yoshinoya, Dairy Queen, Uncle Fong, and Chatting names in the northern regions of the People’s Republic of China. As of December 31, 2016, the company operated 470 stores. It also engages in the agricultural operations; and provision of management services. Hop Hing Group Holdings Limited was incorporated in 2007 and is headquartered in Yuen Long, Hong Kong.

Hop Hing Building

Flats E & F, 2nd Floor

9 Ping Tong Street East

Tong Yan San Tsuen

Yuen Long,  

Hong Kong

Founded in 2007

8,248 Employees

Phone:

852 2785 2681

Fax:

852 2786 2155

Key Executives for Hop Hing Group Holdings Limited

Chief Executive Officer and Executive Director
Age: 46
Total Annual Compensation: $2.9M
Group Comptroller, Company Secretary and Executive Director
Age: 57
Total Annual Compensation: $1.8M
Compensation as of Fiscal Year 2016.

Hop Hing Group Holdings Limited Key Developments

Hop Hing Group Holdings Limited Declares Final Dividend for the Year Ended 31 December 2017

Hop Hing Group Holdings Limited declared a final dividend of 0.83 Hong Kong cents per ordinary share for the year ended 31 December 2017 in its Annual General Meeting of the company to be held on 8 June 2018.

Hop Hing Group Holdings Limited Reports Unaudited Sales Results for the Three Months Ended March 31, 2018 for Group's Quick Service Restaurant Business

Hop Hing Group Holdings Limited reported unaudited sales results for the first quarter ended March 31, 2018 for group's quick service restaurant business. The company reported sales growth rate of 6.2% growth in total sales in RMB and same-store sales slightly increased by 1.8% in the first quarter of 2018, compared with the same quarter in 2017. With the impact of RMB appreciation taken into account, total sales of the Group in HK dollars grew by 16.0% in the quarter under review as compared with the same quarter in 2017.

Hing Group Holdings Limited Recommends Final Dividend for the Year Ended December 31, 2017, Payable on or About June 29, 2018

The Board of Directors of Hop Hing Group Holdings Limited recommend payment of a final dividend of 0.83 Hong Kong Cent per share for the year ended December 31, 2017 against 0.62 Hong Kong Cent per share paid in 2016. Subject to approval by the shareholders at the upcoming annual general meeting of the company, the final dividend will be distributed on or about June 29, 2018 to shareholders whose names appear on the register of members of the company as at June 15, 2018.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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