Share This

Public company info - Major Holdings Limited , 08209.HK
Input the stock code or the company name     Search  
 
 Profile   Information   Data   Financial Ratios   Profit Loss   Cash Flow   Balance   Earnings   Dividend 

Major Holdings Limited, 08209.HK - Company Profile
Chairman Cheung Chun To
Share Issued (share) 960,000,000
Par Currency Hong Kong Dollar
Par Value 0.00125
Industry Alcoholic Drinks & Tobacco
Corporate Profile Business Summary: The Group is mainly engaged in sale and distribution of premium wine and spirits products and wine accessory products in Hong Kong. Performance for the year: Revenue decreased by approximately 4.6% from approximately HK$281.4 million for the year ended 31 March 2014 to approximately HK$268.4 million for the year ended 31 March 2015 Profit and total comprehensive income for the year attributable to owners of the Company increased by approximately 88.3% from approximately HK$12.8 million for the year ended 31 March 2014 to approximately HK$24.1 million for the year ended 31 March 2015 Excluding the one-off expenses for the listing exercise of the Group of HK$12.2 million during the year ended 31 March 2014, profit and total comprehensive income for the year attributable to owners of the Company for the year ended 31 March 2014 would reach approximately HK$25.0 million, representing a decrease of approximately 3.6% compared to the year ended 31 March 2015 of approximately HK$24.1 million Basic earnings per share increased from HK1.66 cents for the year ended 31 March 2014 to HK2.51 cents for the year ended 31 March 2015 Business Review: Hong Kong’s retail markets remain challenging. During the year ended 31 March 2015, the Group’s revenue decreased by approximately 4.6% to approximately HK$268.4 million (2014: HK$281.4 million). The decrease was mainly due to the shift of demand from high-end fine wine to less expensive fine wine during the year ended 31 March 2015 which was partially offset by the increase in sales of rare and collectible and premium high-end wine and spirits. The Group operates two retail shops in Hong Kong, one in Tsimshatsui and one in Causeway Bay. The Group’s main priority is creating and sustaining brand value among its discerning customers. In order to reinforce the Group’s brand leadership, it has also conducted a number of brand enhancement activities, such as organising and participating in wine tasting activities, as well as participating in wine exhibitions. Prospects: The management believes that Chinese consumers in Hong Kong will remain to be the driver of growth in the global luxury retail market as they strive to pursue a better lifestyle by purchasing luxury products. Red wine continued to be the Group’s core product type and main source of profit driver. In response to the challenging retail market in Hong Kong, the Group will continue to improve its sales by offering and implementing new marketing channels and shopping methods, adjusting its sales and marketing strategies and optimizing its inventory level. The Group is confident in its position as one of Hong Kong’s main premium wine retailers.

Information from the financial statements of listed companies

Mobile | Full
Forum rule | About Us | Contact Info | Terms & Conditions | Privacy Statment | Disclaimer | Site Map
Copyright (C) 2024Suntek Computer Systems Limited. All rights reserved
Disclaimer : In the preparation of this website, 88iv endeavours to offer the most current, correct and clearly expressed information to the public. Nevertheless, inadvertent errors in information and in software may occur. In particular but without limiting anything here, 88iv disclaims any responsibility and accepts no liability (whether in tort, contract or otherwise) for any direct or indirect loss or damage arising from any inaccuracies, omissions or typographical errors that may be contained in this website. 88iv also does not warrant the accuracy, completeness, timeliness or fitness for purpose of the information contained in this website.