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Company Profile For Global Green Tech Group Ltd

Global Green Tech Group Ltd (0274.HK) (Hong Kong Stock)
sector: Non-Cyclical Consumer Goods & Services · industry: Personal Products ·
As of  26 Nov 2009
0.44HKD
Price Change
+0.05
Percent Change
+11.39%
 
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Overview

Global Green Tech Group Limited is an investment holding company. The Company’s subsidiaries are engaged in the manufacturing and sale of household products, industrial products, cosmetics and skincare products and bio-technology products with medical and cosmetics applications, provision of loan financing services and investment and/or trading in market securities, bonds, foreign currencies, various funds and other income generated fixed assets’ portfolios. The Company operates in five segments: household products, industrial, cosmetics and skincare products, bio-technology products, and investments. The Company has operations in the People's Republic of China and Hong Kong. The Company’s subsidiaries include Bio Beauty Group Ltd., Global Success Properties Limited, GCC Finance Company Limited, Global Power and Energy Company Limited, Global Chemicals (China) Company Limited, Global Cosmetics (HK) Company Limited and Global Idea (Int’l) Company Limited, among others.

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Global Green Tech Group Ltd.'s turnover decreased 62% to HK$219M. Net loss totaled HK$166.2M up from HK$181.8M. Revenues reflect decreased income from Industrial products, Cosmetics & skincare products and Household products. Net loss reflects a decrease in gross profit margin, higher general & administrative expenses and lower other revenue & net income.

Company Address

Global Green Tech Group Ltd
Rm 3402-08, 34/F Office Tower
Convention Plaza,
1 Harbour Road, Wanchai
   

Total Employees

790

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