Key Developments: China 33 Media Group Ltd (8087.HK)

8087.HK on Hong Kong Stock

0.31HKD
17 Apr 2014
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Latest Key Developments (Source: Significant Developments)

China 33 Media Group does not recommend dividend
Friday, 28 Mar 2014 10:02am EDT 

China 33 Media Group Ltd:Do not recommend any dividend for the year ended Dec. 31, 2013 (2012: Nil).  Full Article

China 33 Media Group Ltd comments on FY 2013 earnings guidance
Wednesday, 5 Mar 2014 02:05am EST 

China 33 Media Group Ltd:Expects to record loss for FY 2013.  Full Article

China 33 Media Group Ltd Does Not Recommend Interim Dividend
Monday, 12 Aug 2013 11:35am EDT 

China 33 Media Group Ltd announced that the Directors of the Company (the Directors) do not recommend the payment of any dividend for the six months ended June 30, 2013 (six months ended June 30, 2012: Nil).  Full Article

China 33 Media Group Ltd Comments On FY 2012 Earnings Guidance
Wednesday, 23 Jan 2013 07:00am EST 

China 33 Media Group Ltd announced that for fiscal 2012, it expects to record a loss for as compared with a profit made for the corresponding period in 2011. The Board believes that the loss was mainly attributable to the decrease of profit margin as a result of amortisation of the agency fee, maintenance fees and media service fees paid for the advertisement project on headrests cover sheets, folding tables and poster frames on high-speed railway trains, increase in staff costs by increment of headcounts, increase in printing costs for the printed media business, as well as agency fees to the Group’s publishing partners and the Beijing Aoshen Contractual Dispute which Beijing Aoshen may be liable to pay damages of approximately RMB4.7 million (details of which are included in the 2012 December Announcement). In addition, less advertising orders from property developers and companies related to property development due to imposition of control measures on the real estate sector by the PRC government also caused the revenue for the period to drop significantly as compared with the corresponding period in 2011.  Full Article

China 33 Media Group Ltd Does Not Recommend Interim Dividend
Thursday, 15 Nov 2012 07:05am EST 

China 33 Media Group Ltd announced that the Directors of the Company did not recommend the payment of any dividend for the nine months ended September 30, 2012 (nine months ended September 30, 2011: Nil).  Full Article

China 33 Media Group Ltd Does Not Recommend Interim Dividend
Tuesday, 14 Aug 2012 10:36am EDT 

China 33 Media Group Ltd announced that the Directors did not recommend the payment of any interim dividend for the six months ended June 30, 2012 (six months ended June 30, 2011: Nil).  Full Article

China 33 Media Group Ltd Does Not Recommend Dividend
Monday, 14 May 2012 10:37am EDT 

China 33 Media Group Ltd announced that the directors of the Company did not recommend the payment of any dividend for the three months ended March 31, 2012, (three months ended March 31, 2011: Nil).  Full Article

China 33 Media Group Ltd Comments On Q1 2012 Earnings Guidance
Tuesday, 8 May 2012 10:13am EDT 

China 33 Media Group Ltd announced that based on the preliminary assessment by the Board of the financial information of the Company currently available, it is expected to record a loss for the first quarter of 2012 as compared with a profit made for the corresponding period in 2011. The Board believes that the loss was mainly attributable to the decrease of profit margin as a result of the agency fee, maintenance fees and media service fees paid for the advertisement project on headrests cover sheets, folding tables and poster frames on high-speed railway trains, increase in headcounts and increment of staff costs, increase in printing costs for the printed media business, as well as agency fees payable to the Group's publishing partners. In addition, the decrease in demand for advertising as a result of the Wenzhou's high-speed train collision incident on July 23, 2011, and less advertising orders from property developers and other related companies due to the imposition of control measures on the real estate sector by the PRC government also caused the revenue for the period to drop significantly as compared with the corresponding period in 2011.  Full Article

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