Sunday, April 18, 2021
 
Columnist
Martin Hennecke
 
IONE HOLDINGS
HKEx Stock Code : 00982 
 
Corporate Profile
Principally engaged in the provision of financial printing services for the financial sector in Hong Kong which include mainly the printing of IPO prospectus, financial reports, company announcements, circulars, legal compliance documents, research reports, corporate brochures and newsletters.

Business Review - For the year ended December 31, 2012

Due to global economic uncertainties and difficulties, investor confidence remained weak in 2012.

As a result, both the aggregate number and amount of new listings in Hong Kong decreased. The Group's turnover declined by 24.0% as compared with the previous year ended 31 December 2011, mainly due to poor stock market sentiment.

Business Outlook - For the year ended December 31, 2012

The Group's fundamental business objective is to establish itself as an international financial printing service provider in the financial sector by strengthening its core competitiveness.

In light of the prevailing environment of economic uncertainty and market instability, the Group has taken a prudent approach in its expansion plans. It will continue to seek opportunities for strategic alliances with regional partners for new markets and business development. To provide a practical platform for strengthening business ties to mainland China, the Group maintains a representative office in Beijing as a liaison point. The Group will review the feasibility of its expansion plans, including the establishment of a backup production and translation hub in mainland China in order to realise the benefits of lower production costs and the rapid economic growth taking place there. Furthermore, the Group will continue to improve its office facilities, streamline work procedures and upgrade its software and equipment with the aim of enhancing its competitiveness.

To maximise profits and returns for the Group and its shareholders, the Group will focus on enhancing the competitiveness of its core business and exploring new business opportunities.

Source: iOne Holdings (00982) Annual Results Announcement
Chairman Lee Wing Yin Issued Capital (shares) 9,200M
Par Value HKD 0.00025 Market Capitalisation (HKD) 414M
 
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