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Best Pacific International Holdings Ltd (2111.HK)

2111.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Best Pacific International Holdings Posts FY Net Profit HK$303.6 MILLION​
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>::FY ‍REVENUE HK$2.79 BILLION, UP 13.2%​.‍PROPOSED FINAL DIVIDEND OF HK5.9 CENTS PER SHARE​.FY ‍NET PROFIT HK$303.6 MILLION, DOWN 33.5 PERCENT​.  Full Article

Best Pacific International Holdings Updates On Acquisition Of Trischel Fabric (Private) Ltd
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>::BEST PACIFIC INTERNATIONAL -MAS CAPITAL (PRIVATE) AGREED TO SELL & TRANSFER TO BPSL (THULHIRIYA) SHARES OF TRISCHEL FABRIC (PRIVATE).ANNOUNCES ‍ACQUISITION OF 51% OF ENTIRE ISSUED SHARE CAPITAL OF TRISCHEL FABRIC (PRIVATE) LIMITED​.‍DEAL FOR CONSIDERATION OF NOT MORE THAN US$50 MILLION.  Full Article

Best Pacific International says ‍unit enters agreement to form JV Co
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>:Unit BPSL (Pannala), Brandix Lanka and Best Pacific Textiles Lanka enter agreement to establish JV Co​.JV Co to be held as to 75% by Best Pacific International Sri Lanka (Pannala) and 25% by Brandix Lanka.Brandix Lanka will procure BTL to transfer ownership of detachable structures of US$1.5 million to JV Co.  Full Article

Best Pacific International Holdings updates regarding facility agreement​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>:‍Unit as borrowers , banks and Standard Chartered Bank (Hong Kong) entered into facility agreement ​.  Full Article

Best Pacific International says HY profit attributable HK$140.7 mln
Monday, 28 Aug 2017 

Aug 28 (Reuters) - Best Pacific International Holdings Ltd <2111.HK>::HY revenue about HK$1,262.5 million, up 12.6 pct.HY profit for the period attributable to owners of co HK$140.7 million versus HK$191.8 million.  Full Article

Best Pacific says net profit for year ended 31 December 2016 amounted to about HK$456.3 million
Monday, 20 Mar 2017 

Best Pacific International Holdings Ltd <2111.HK> : Revenue for year ended 31 December 2016 amounted to approximately HK$2.47 billion, representing an increase of about 20.6% . FY net profit for year ended 31 December 2016 amounted to approximately HK$456.3 million, representing an increase of approximately 33.3% .Proposed to declare a final dividend of HK9.5 cents per share in respect of year ended 31 December 2016.  Full Article

Best Pacific International says unit establishes RMB2 bln JV with independent third parties
Thursday, 22 Dec 2016 

Best Pacific International Holdings Ltd <2111.HK> : Unit Dongguan BPT and JV partners entered into JV agreement . Registered capital of joint venture shall be RMB2 billion . Dongguan BPT to make a capital contribution of RMB140.5 million in return for approximately 7.022% equity interest in JV .Agreement in relation to formation of JV to engage in insurance business and related financial activities in PRC.  Full Article

Best Pacific issues positive profit alert<2111.HK>
Friday, 5 Aug 2016 

Best Pacific International Holdings Ltd <2111.HK>: Positive profit alert for the six months ended 30 June 2016 <2111.HK> . Expected that the net profit of the group will be increased considerably for the six months ended 30 June 2016 . Best pacific international - expected increase in net profit of groupdue to the increase in turnover in the current period .  Full Article

Best Pacific International notes increase in price and trading volumes of shares<2111.HK>
Tuesday, 24 May 2016 

Best Pacific International Holdings Ltd <2111.HK>: Press clarification announcement <2111.HK> . Noted the increases in the price and trading volume of the shares of the company . "currently group has no timeline as to when revenue generated from its lace business would be increased up to hk$800 million to hk$1 billion" . "expected that the group will invest in approximately hk$600 million for construction of its first production site in Vietnam" . Save as disclosed not aware of any reasons for these price and volume movements .  Full Article

Best Pacific International says unit obtained approval for expansion project<2111.HK>
Monday, 9 May 2016 

Best Pacific International Holdings Ltd <2111.HK>: unit recently obtained approval from Dongguan environmental protection bureau for expansion project . Voluntary announcement approval of expansion project and construction of sewage treatment plant . expected investment amount for expansion project will be in range of about RMB80 million to RMB120 million . group intends to use its internal resources and/or external loans to fund expansion project . expansion project is not expected to have any material impact on the net EPS of company for FY ending 31 December 2016 .  Full Article