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Guangdong Tannery Ltd (1058.HK)

1058.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Guangdong Tannery issues profit warning<1058.HK>
Tuesday, 12 Jul 2016 07:16am EDT 

Guangdong Tannery Ltd <1058.HK>: Profit warning <1058.HK> . Consolidated net loss of group HY is expected to increase by over 60% . Expected results due to decrease in sales volume and sales price as a result of continually shrink in footwear leather market demand .  Full Article

Guangdong Tannery says issues profit warning
Sunday, 10 Apr 2016 06:12pm EDT 

Guangdong Tannery Ltd:Group expected to record a consolidated net loss of approximately hk$12 million for the three months ended 31 March 2016.Increase in loss due to decrease in turnover brought about by the significant decrease in sales volume.  Full Article

Guangdong Tannery issues FY 2015 profit outlook
Monday, 25 Jan 2016 06:38am EST 

Guangdong Tannery Ltd:Says expected to record a consolidated net loss of approximately HK$38 million for the year ended 31 December 2015.Expected result due to significant drop in gross profit of group as compared to last year brought about by decrease in turnover.  Full Article

Guangdong Tannery Ltd gives H1 2015 loss outlook
Wednesday, 24 Jun 2015 06:25am EDT 

Guangdong Tannery Ltd:Expected to record a substantial loss for H1 2015 as compared with a profit for H1 2014.Decrease in gross profit resulting from the significant drop in unit selling price and the rise in unit material cost for grey hides, despite an increase in sales volume of grey hides.Increase in exchange loss arising from the depreciation in Renminbi against United States dollar.Decrease in gross profit due to the decrease in reversal of provision for inventories in the first six months of 2015.  Full Article

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