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For the fiscal year ended 30 June 2015, LED International Holdings Ltd. revenues decreased 79% to HK$7K. Net loss before extraordinary items increased from HK$1.3M to HK$25.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other Operating Expense increase from HK$0K to HK$22.6M (expense), Other income decrease of 85% to HK$311K (income).
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Revenue | 0.01 | 12.39 | 0.03 | 10.77 |
Gross Profit | 3.18 | 0.02 | ||
Operating Income | -29.44 | -5.35 | -7.18 | -8.52 |
Net Income | -5.19 | -3.73 | -13.24 | -5.69 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Assets | 22.38 | 70.77 | 40.63 | 42.35 |
Total Liabilities | 28.1 | 77.72 | 76.97 | 80.07 |
Total Equity | -5.72 | -6.95 | -36.34 | -37.72 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -17.11 | -31.66 | -6.66 | 5.55 |
Cash From Investing Activities | 10.67 | 0.02 | -2.05 | -0.31 |
Cash From Financing Activities | 18.11 | 37.36 | 6.94 | -3.98 |
Net Change in Cash | 11.84 | 5.68 | -1.49 | 0.89 |
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