Inactive Instrument

Polytec Asset Holdings Limited

Equities

208 KYG716591170

Real Estate Development & Operations

Polytec Asset Holdings Limited Reports Earnings Results for the Half Year Ended June 30, 2020

August 18, 2020

Polytec Asset Holdings Limited announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was HKD 366.256 million compared to HKD 295.467 million a year ago. Operating income was HKD 115.429 million compared to HKD 703.028 million a year ago. Net income was HKD 73.797 million compared to HKD 711.419 million a year ago. Basic earnings per share from continuing operations was HKD 0.0166 compared to HKD 0.1603 a year ago.

Latest news about Polytec Asset Holdings Limited

Polytec Asset : $396 Million Privatization Wins Court Approval	21-05-21	MT
Or Wai Sheun completed the acquisition of remaining 46.2% stake in Polytec Asset Holdings Limited from group of shareholders.	21-05-20	CI
Polytec Asset : $396 Million Privatization Nears Completion as Shareholders Approve Deal	21-05-11	MT
Polytec Asset : Shareholders to Vote May 10 on $396 Million Go-Private Deal	21-04-16	MT
Polytec Asset : Profit Slumps 39% in 2020 as Revenue Slides	21-04-06	MT
Polytec Asset Holdings Limited Announces the Change of Company Secretary	21-04-01	CI
Polytec Asset Holdings Limited Recommends Not to Declare A Final Dividend for 2020	21-03-31	CI
Polytec Asset Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-31	CI
Polytec Asset : Expects Net Profit to Drop Up to 45% in 2020	21-03-08	MT
Polytec Asset Holdings Limited Announces Profit Guidance for the Year Ended 31 December 2020	21-03-05	CI
Polytec Asset : Shares Soar 56% on Receiving $396 Million Go-Private Offer from Controlling Shareholder	21-01-22	MT
Or Wai Sheun made an offer to acquire remaining 46.2% stake in Polytec Asset Holdings Limited from group of shareholders for HKD 3.1 billion.	21-01-20	CI
Polytec Asset Holdings Limited Declares an Interim Dividend for 2020, Payable on 30 October 2020	20-09-18	CI
Polytec Asset Holdings Limited Declares an Interim Dividend for 2020, Payable on 30 October 2020	20-08-18	CI
Polytec Asset Holdings Limited Reports Earnings Results for the Half Year Ended June 30, 2020	20-08-18	CI
Polytec Asset Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2020	20-08-05	CI
Polytec Asset Holdings Limited Approves to Declare Final Dividend for the Year Ended 31 December 2019	20-06-10	CI
Polytec Asset Holdings Limited Proposes Final Dividend Per Share for 2019, Payable on 29 June 2020	20-03-25	CI
Polytec Asset Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-25	CI
Polytec Asset Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2019	20-02-27	CI
Polytec Asset Holdings Limited Declares an Interim Dividend, Payable on 11 December 2019	19-09-25	CI
Polytec Asset Holdings Limited Declares an Interim Dividend, Payable on 11 December 2019	19-08-21	CI
Polytec Asset Holdings Limited Reports Earnings Results for the Half Year Ended June 30, 2019	19-08-21	CI
Polytec Asset Holdings Limited Declares Final Dividend for the Year Ended December 31, 2018	19-06-05	CI
Polytec Asset Holdings Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2018	19-04-26	CI

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Company Profile

Polytec Asset Holdings Limited is a Hong Kong-based investment holding company principally engaged in property and petroleum-related businesses. The Company operates through four segments. Properties segment is engaged in the investment, trading and development of properties. Oil segment is engaged in oil exploration and production-related businesses. Ice and Cold Storage segment is engaged in the manufacture of ice and the provision of cold storage-related services. Others segment is engaged in other businesses, such as financial investment and general trading, among others. Its subsidiaries include Sinocharm Trading Limited, Acestart Investments Limited, Noble Prime International Limited, Power Charm International Limited and Power Mighty Limited, among others.

Sector

Real Estate Development & Operations

More about the company

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