sector: Financials ·
industry: Investment Services ·
Sino Katalytics Investment Corporation is engaged in investing in listed and unlisted companies in Hong Kong and the People’s Republic of China. During the fiscal year ended June 30, 2009, the Company’s investment portfolio comprised a 30% interest in CNI Bullion, 18% interest in Quidam Assets Limited, 20% interest in UCCTV Holdings Limited and 15% interest in IIN Network Education Limited. Its subsidiaries include CNI Finance Limited, Concolor Holdings Limited, Richbird Holdings Limited, Kendervon Profit Inc., Ethnocentric Investment Limited, CNI Capital Limited, Kenabell Trading Limited and Million Full Assets Limited.
BRIEF: For the fiscal year ended 30 June 2009, Sino Katalytics Investment Corporation's negative revenues totaled HK$5.6M up from HK$2M. Net loss decreased 36% to HK$15M. Revenues reflect a decrease in demand of company's product and services. Lower loss reflects a decrease in finance costs, lower administrative expenses, the presence of reversal of other receivables vs. loss and the absence of income tax expense.
Sino Katalytics Investment Corporation
Suite 802, 8/F.
Harcourt House
39 Gloucester Road Wanchai