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want want china holdings ltd (151) Details

Want Want China Holdings Limited, an investment holding company, manufactures, distributes, and sells food and beverages. The company operates through four segments: Rice Crackers, Dairy Products and Beverages, Snack Foods, and Other Products. It offers sugar coated crackers, savoury crackers and fried crackers, and gift packs; flavoured milk, room temperature yogurt, yogurt drinks, ready-to-drink coffee, juice drinks, sports drinks, herbal tea, and milk powder; candies, popsicles, ball cakes and jellies, beans, nuts, and other snacks; and wine and other food products. The company is also involved in the trade of food and beverages, raw materials, machineries, etc.; sale of chemical materials and plastic films/bags; manufacture and sale of machineries and related services; manufacture of dehydrating, deoxidating, preservative, and related products; manufacture and sale of packaging materials, packing bags, carton boxes, and cans; provision of consultancy and information services; dairy farming and milk production activities; trading of food and beverages and related activities online; processing and sale of rice and oil products; and manufacture of rice flour. It serves customers through a sales and distribution network primarily in the People’s Republic of China, Taiwan, Japan, Hong Kong, Singapore, the United States, and Canada; and countries in the Southeast Asia and Europe. Want Want China Holdings Limited was founded in 1962 and is headquartered in Tsim Sha Tsui, Hong Kong.

46,100 Employees
Last Reported Date: 06/18/19
Founded in 1962

want want china holdings ltd (151) Top Compensated Officers

Chairman & CEO
Total Annual Compensation: CNY35.0M
CFO & Executive Director
Total Annual Compensation: CNY2.6M
COO & Executive Director
Total Annual Compensation: CNY1.1M
Executive Director
Total Annual Compensation: CNY83.0K
Chief Marketing Officer & Executive Director
Total Annual Compensation: CNY1.0M
Compensation as of Fiscal Year 2018.
want want china holdings ltd
Want Want China Holdings Limited Announces Re-Designation of Tsai Shao-Chung from Non-Executive Director to Executive Director

The board of directors of Want Want China Holdings Limited and together with its subsidiaries, announced that Mr. Tsai Shao-Chung ("Mr. Tsai"), a non-executive director of the company and a member of each of the remuneration committee ("Remuneration Committee") and the nomination committee of the company ("Nomination Committee"), has been re-designated as an executive Director with effect from 1 July 2019 due to his assumption of more executive responsibilities within the Group, in particular, in overseas business development. After the re-designation, Mr. Tsai continues to be a member of each of the Remuneration Committee and the Nomination Committee. In addition, he has also been appointed as a member of the strategy committee of the company ("Strategy Committee") with effect from 1 July 2019.

Want Want China Holdings Limited Proposes Final and Special Dividends for the Year Ended 31 March 2019, Payable on or About 11 September 2019

The Board of Want Want China Holdings Limited has recommended the payment of a final dividend of 2.41 cents per share and a special dividend of 0.48 cent per share in respect of the year ended 31 March 2019. Subject to the approval of shareholders at the AGM, the proposed final and special dividends will be paid on or about 11 September 2019. Shareholders registered under the principal register of members in the Cayman Islands will automatically receive their dividends in US dollars while shareholders registered under the Hong Kong branch register of members will automatically receive their dividends in Hong Kong dollars. The Hong Kong dollars final and special dividends will be calculated with reference to the exchange rate of US dollars against Hong Kong dollars on 20 August 2019, being the date of the AGM on which such dividends will be proposed to the shareholders of the company for approval. In order to qualify for the entitlement to the above mentioned final and special dividends, all transfers accompanied by the relevant share certificates must be lodged with the Company's Hong Kong branch share registrar and transfer office, Computershare Hong Kong Investor Services Limited at Shops 1712-1716, 17th floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not later than 4:30 pm on 23 August 2019, for the purpose of effecting the share transfers. The register of members of the company will be closed from 24 August 2019 to 28 August 2019 (both dates inclusive).

Want Want China Holdings Limited Reports Consolidated Audited Earnings Results for the Year Ended 31 March 2019; Provides Earnings Guidance for the Year Ending 31 March 2020

Want Want China Holdings Limited reported consolidated audited earnings results for the year ended 31 March 2019. For the year, the company reported revenue of RMB 20,712,027,000 as compared to RMB 20,149,781,000 for the same period last year. Operating profit was RMB 4,586,483,000 as compared to RMB 4,192,076,000 for the same period last year. Profit for the year was RMB 3,462,571,000 as compared to RMB 3,110,448,000 for the same period last year. Basic and diluted earnings per share was 27.93 cents as compared to 24.93 cents for the same period last year. The Group expects that net profit after tax will decrease by approximately RMB 1,227,000 for the year ending 31 March 2020 as a result of adopting the new rules.

 

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