Key Developments: Shirble Department Store Holdings China Ltd (0312.HK)

0312.HK on Hong Kong Stock

0.41HKD
21 Nov 2014
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Latest Key Developments (Source: Significant Developments)

Shirble Department Store Holdings China Ltd does not recommend interim dividend
Monday, 25 Aug 2014 09:39am EDT 

Shirble Department Store Holdings China Ltd:Says it does not recommend any interim dividend for the six months ended June 30, 2014 (2013: Nil).  Full Article

Shirble Department Store Holdings China Ltd gives H1 2014 outlook
Tuesday, 8 Jul 2014 06:44am EDT 

Shirble Department Store Holdings China Ltd:Says based on the unaudited management accounts.Says the operating results for H1 2014 is expected to improve significantly.The improvement is primarily due to the effective business development strategy of the Group and the receipt of an one-off relocation compensation.  Full Article

Shirble Department Store Holdings China Ltd does not recommend dividend
Wednesday, 26 Mar 2014 10:20am EDT 

Shirble Department Store Holdings China Ltd:Does not recommend any final or special dividend for FY 2013 (2012: nil).  Full Article

Shirble Department Store Holdings (China) Ltd gives FY 2013 earnings guidance
Friday, 10 Jan 2014 05:52am EST 

Shirble Department Store Holdings (China) Ltd:Says the group would continue to incur net loss for the year ended Dec. 31, 2013 due to the following reasons.The impairment loss and related expenses arising mainly from the closure/under-performance of certain department stores in Dongguan, which incurred operating losses but contributed insignificant percentage of the sales revenue of the group and.The operating losses incurred by five department stores of the group which were opened in the fourth quarter of 2012 and the first quarter of 2013.  Full Article

Shirble Department Store Holdings (China) Ltd Announces Appointment Of Executive Director, Chief Executive Officer
Friday, 6 Sep 2013 06:27am EDT 

Shirble Department Store Holdings (China) Ltd announced that Mr. YANG Ti Wei has been appointed as an executive Director and the Chief Executive Officer of the Group effective from September 7, 2013. Mr. LI Kuansen tendered his resignation as an executive Director and the Chief Executive Officer of the Group on September 6, 2013 with immediate effect.  Full Article

Shirble Department Store Holdings (China) Ltd Does Not Recommend Interim Dividend
Monday, 26 Aug 2013 09:52am EDT 

Shirble Department Store Holdings (China) Ltd announced that in view of the loss incurred for the six months ended June 30, 2013 and the working capital requirements for the business expansion of the Group, the Board does not recommend the distribution of an interim dividend for the six months ended June 30, 2013 (six months ended June 30, 2012: Nil).  Full Article

Shirble Department Store Holdings (China) Ltd Comments On H1 2013 Profit Guidance
Wednesday, 31 Jul 2013 06:19am EDT 

Shirble Department Store Holdings (China) Ltd announced that the Group may record increase in net loss for the first half of 2013 due to the loss incurred by the Group’s five department stores newly opened in the last quarter of 2012 and the first quarter of 2013 as these stores are at their respective start-up stage during which the revenue generated by them is not sufficient to recoup the initial expenses, depreciation, and the premises rental for these department stores; the potential impairment loss and related expenses arising from the reduction in store area in selected department store(s) in Dongguan, Guangdong Province, as part of the latest re-assessment by the Group of the market potential in the area; slight decreases in direct sales and commission income received from concessionaire sales generated from the existing department stores of the Group; and continuous increases in the operating lease rental expenses, administrative expenses, staff cost and other operating cost of the Group as a result of the new recruits and the expansion of the department store network of the Group.  Full Article

Shirble Department Store Holdings (China) Ltd Does Not Recommend Final Dividend
Wednesday, 24 Apr 2013 07:37am EDT 

Shirble Department Store Holdings (China) Ltd announced that the Board does not recommend any final or special dividend for the year ended December 31, 2012 (2011: a final dividend of RMB0.0062 per Share and a special dividend of RMB0.0221 per Share).  Full Article

Shirble Department Store Holdings China Ltd comments on FY 2012 guidance
Wednesday, 10 Apr 2013 07:30am EDT 

Shirble Department Store Holdings China Ltd:Says that the company may incur a net loss for FY 2012, as compared with the net profit in FY 2011.Says there was a moderate decrease in the direct sales and the commission income received from concessionaire sales generated from the existing department stores of the Group.Says the decrease was principally due to the intensed competition in the department store business in Shenzhen, the People’s Republic of China and the overall economic slowdown in the PRC in 2012.Says the start-up loss incurred by the Group’s newly opened department stores in 2012.Says the Group opened five new department stores in 2012, and the revenue generated from these department stores was not sufficient to fully recoup the incidental expenses, depreciation, and the lease payments incurred by the Group for these newly opened department stores.Says there were continuous increases in the administrative expenses, operating costs, and staff cost of the Group principally due to the expanded department store network of the Group and the new senior management team members of the Group.  Full Article

Shirble Department Store Holdings (China) Ltd Does Not Recommend Dividend
Tuesday, 29 Jan 2013 11:01pm EST 

Shirble Department Store Holdings (China) Ltd announced that the Board of Director do not recommend the distribution of an interim dividend for the six months ended June 30, 2012 (six months ended June 30, 2011: RMB33,250,000 or RMB1.33 cents per Share).  Full Article

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