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Hengdeli Holdings Ltd (3389.HK)

3389.HK on Hong Kong Stock

0.76HKD
29 May 2017
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Latest Key Developments (Source: Significant Developments)

Hengdeli expects to record net loss of RMB322 million during FY
Monday, 13 Feb 2017 06:46am EST 

Hengdeli Holdings Ltd <3389.HK> : Company expects to record a loss attributable to its equity shareholders of approximately RMB322 million during FY .Expected results due to provision of impairment on goodwill of group.  Full Article

Hengdeli holdings says unit and Zhang entered into agreement
Friday, 30 Dec 2016 08:47am EST 

Hengdeli Holdings Ltd <3389.HK>: Vendors and Zhang entered into agreement . Intends to declare special dividend of not less than hk$0.20 per share . Expected that a loss on disposal of approximately rmb490 million would be recorded . Deal at aggregate cash consideration of approximately rmb3.5 billion .Vendors and Zhang entered into agreement vendor a agreed to sell Xinyu sale shares and vendor b agreed to sell Harvest Max sale shares.  Full Article

Hengdeli HY profit attributable to shareholders RMB90.2 mln, down 64.7%<3389.HK>
Thursday, 18 Aug 2016 06:09am EDT 

Hengdeli Holdings Ltd <3389.HK>: HY profit attributable to shareholders RMB90.2 million, down 64.7% . HY revenue RMB 5.88 billion versus RMB 6.75 billion . Board does not recommend the payment of any interim dividend for the period ended 30 June 2016 . "In the second half of 2016, due to various uncertainties, the global economy will remain sluggish" . "We do not anticipate significantly better sales of watches in the greater china region as compared with the first half of 2016" .  Full Article

Hengdeli expects approximately 65% decrease in HY net profit<3389.HK>
Tuesday, 26 Jul 2016 06:22am EDT 

Hengdeli Holdings Ltd <3389.HK>: Profit warning . Expects profit attributable to its equity shareholders for six months ended 30 June 2016 will record a decrease of approximately 65% .Expected result due to net losses recognised by the co due to a repurchase of senior notes issued by the company.  Full Article

Hengdeli Holdings Ltd issues FY 2015 profit outlook
Wednesday, 17 Feb 2016 06:11am EST 

Hengdeli Holdings Ltd:Expects the profit attributable to its equity shareholders for the financial year ended 31 December 2015 will record a decrease of approximately 70%.Expected result due to the one-off gain from the disposal of investment properties in Shenzhen and Taiwan by the Group in 2014.  Full Article

More From Around the Web

Fitch: Hengdeli Rating Still Hinges on Disposal Despite Better Sales

(The following statement was released by the rating agency) HONG KONG, April 06 (Fitch) Hengdeli Holdings Limited's 'B+' ratings, which are on Rating Watch Negative, will still depend on whether it gains the approval of independent shareholders to dispose of its core operations, even though the company reported an improvement in retail sales in 2H16, Fitch Ratings says. The company said as it released its 2016 financial results that it has scheduled an extraordinary general meeting (EGM) on 25