Company Profile For Heng Tai Consumables Group Ltd

Heng Tai Consumables Group Ltd (0197.HK) (Hong Kong Stock)

sector: Non-Cyclical Consumer Goods & Services · industry: Food Distribution & Convenience Stores ·

As of 1:31pm IST

0.72HKD

Price Change

-0.04

Percent Change

-5.26%

Analyst Recommendations

Overview

Heng Tai Consumables Group Limited is an investment holding company. The Company is engaged in the distribution of packaged food, beverages, household consumable products, cosmetic products and cold chain products; the cultivation and distribution of fresh produce products, and the provision of cold chain logistics services, which are managed according to the geographical location of customers. It also offers services, such as packaging, import and export processing, brand development, and fresh product market information and analysis. Its operation centers are located in Hong Kong, Shanghai, Beijing and Guangzhou. As of June 30, 2009, its wholly owned subsidiaries included Fiorfie Trading Limited, Alfe Trading Limited, Amazing Victory Ltd., Deal Time Holdings Limited, Earth Power Group Limited, Gold Ace Development Limited and Golden Sector Limited.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 30 June 2009, Heng Tai Consumables Group Limited's revenues decreased 17% to HK$1.9B. Net income decreased 55% to HK$115.1M. Revenues reflects decreased sales of goods. Net income also reflects decreased gross profit margins, a significant increase in other operating expenses, the absence of share of profits of associates and higher income tax expenses. Group's main activity is distributing packaged food & beverages.