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paladin ltd (495) Details

Paladin Limited, an investment holding company, engages in the property investment, and research and development of high technology system and applications in Hong Kong. The company primarily invests in and leases commercial properties. It also undertakes research and development, and software and hardware designing for the manufacture and sale of a range of high technology products. The company's high technology products include portable x-ray systems that are used in inspection devices for security and counter terrorism applications; accurate positioning and image sensing technologies that are integrated into semi-automated agriculture vehicles and advanced driver assistance systems (ADAS); algorithm and software solutions that are used in ADAS; and image sensors, such as line scan sensors for spectroscopy and document scanners, and other sensors for security applications. In addition, it is involved in the management and operation activities. The company is headquartered in Tsim Sha Tsui, Hong Kong. Paladin Limited is a subsidiary of Basurto Holdings Limited.

37 Employees
Last Reported Date: 03/27/19

paladin ltd (495) Top Compensated Officers

Chairman & Acting CEO
Total Annual Compensation: $3.2M
Financial Controller & Non-Executive Director
Total Annual Compensation: $661.0K
Company Secretary & Non-Executive Director
Total Annual Compensation: $272.0K
Compensation as of Fiscal Year 2018.
paladin ltd
Paladin Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2018

Paladin Limited announced unaudited consolidated earnings results for the six months ended December 31, 2018. For the period, the company reported revenue of HKD 4,341,000 compared to HKD 2,157,000 a year ago. Loss from operations was HKD 47,997,000 compared to profit of HKD 10,328,000 a year ago. Loss for the period was HKD 51,127,000 compared to profit of HKD 7,575,000 a year ago. Loss per basic share was 3.35 cents compared to earnings of 0.68 cents a year ago. Diluted loss per share was 3.35 cents compared to 0.52 cents a year ago.

Paladin Limited Reports Earnings Results for the Half Year Ended December 31, 2018

Paladin Limited announced earnings results for the half year ended December 31, 2018. For the half year, the company announced net loss was HKD 48.117 million compared to net income of HKD 9.221 million a year ago. Basic loss per share was HKD 0.0335 compared to basic earnings per share of HKD 0.0068 a year ago. Diluted loss per share was HKD 0.0335 compared to diluted earnings per share of HKD 0.0052 a year ago.

Paladin Limited Announces Auditor Change

The board of directors of the Paladin Limited announced that Deloitte Touche Tohmatsu ("Deloitte") has resigned as the auditor of the Company with effect from 26 February 2019 as the Company and Deloitte cannot reach a mutual agreement on the audit fee for the financial year ending 30 June 2019. The Board further announced that RSM Hong Kong has been appointed as the new auditor of the Company to fill the casual vacancy following the resignation of Deloitte. RSM Hong Kong shall hold office until the conclusion of the next annual general meeting of the Company.


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