| Business Summary | | Man
Sang
Holdings,
Inc.,
through
its
subsidiaries,
is
primarily
engaged
in
the
purchasing,
processing,
assembling,
merchandising
and
wholesale
distribution
of
pearls
and
pearl
jewelry
products;
and
the
management
and
leasing
of
a
commercial
real
estate
complex
in
Shenzhen,
People's
Republic
of
China
(PRC).
The
Company
presently
offers
six
product
lines
including
pearl
jewelry,
freshwater
pearls,
Chinese
cultured
pearls,
Japanese
cultured
pearls,
South
Sea
pearls
and
Tahitian
pearls.
The
Company
also
offers
fully
assembled
pearl
jewelry,
including
necklaces,
earrings,
rings,
pendants,
broaches,
bracelets,
watches,
cufflinks
and
similar
miscellaneous
pearl
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MSHI
is
engaged
in
the
purchasing,
processing,
assembling,
merchandising,
and
wholesale
distribution
of
pearls
and
pearl
jewelry
products;
and
the
management
and
leasing
of
a
commercial
real
estate
complex.
For
the
fiscal
year
ended
3/31/01,
net
sales
rose
11%
to
HK$311.1
million.
Net
loss
totaled
HK$34.2
million
vs.
an
income
of
HK$19.8
million.
Results
reflect
higher
sales
of
South
Sea
and
Tahitian
pearls,
offset
by
higher
compensation
and
marketing
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
9,397;
after
tax
earnings
were
269. (Preliminary; reported in thousands of Hong Kong Dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2001 Pay | |
| Hing Cheng, 40 Chairman,
Pres, CEO | $583K | Po Cheng, 49 Vice
Chairman | 669K | Man Yan, 38 VP | 144K | Han Ho, 32 Sec. | -- | Dollar
amounts are as of 31-Mar-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|