Company Profile For Tomson Group Ltd

Tomson Group Ltd (0258.HK) (Hong Kong Stock)

sector: Financials · industry: Real Estate Operations ·

As of 1:31pm IST

3.42HKD

Price Change

-0.10

Percent Change

-2.84%

Analyst Recommendations

Overview

Tomson Group Limited is primarily engaged in property development and investment, hospitality and leisure activities, manufacturing of polyvinyl chloride (PVC) pipes, securities trading and investment holding. The Company operates in four segments. Property investment segment is engaged in property management and rental income. Property development and trading segment is engaged in sale of properties. Industrial operations segment is engaged in the sale of manufactured PVC pipes. Leisure segment is engaged in golf club operations and its related activities. Its subsidiaries include Charlesville Limited, Cosmos Success Development Limited, Dafeng Property Management (Shanghai) Co., Ltd., Farskill Development Limited, Garland Limited, Grand Lion Limited and Ideal Movement Limited.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Tomson Group Limited's revenues increased 54% to HK$189.6M. Net income totaled HK$1.28M, up from HK$490M. Revenues reflect increased income from Property Investment segment and higher contribution from Property Development & Trading segment. Net income also reflects an increase in gross margin, higher gain on fair value changes of investment property and the presence of gain on investments vs. a loss.