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New World Department Store China Limited ( (HK:0825) ) just unveiled an announcement.
New World Department Store China Limited has issued a supplemental announcement to its annual report for the year ended 30 June 2017, disclosing detailed emoluments for former chief executive officer Niu Wei. The filing specifies that Mr. Niu, who served as CEO from 17 March 2017 and later became an executive director before resigning from both roles on 1 August 2018, received HK$1,290,212 in salaries and allowance and HK$5,702 in retirement benefit contributions for that financial year, with no director’s fee. The company emphasized that this clarification is provided to meet Hong Kong listing disclosure requirements and does not alter any other information in the 2017 annual report, indicating no change to previously reported financials or governance disclosures beyond the added remuneration detail.
The most recent analyst rating on (HK:0825) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on New World Department Store China Limited stock, see the HK:0825 Stock Forecast page.
More about New World Department Store China Limited
New World Department Store China Limited is a Hong Kong-listed retail group operating department stores and related businesses in mainland China. The company focuses on providing a wide range of consumer goods and services through its store network, targeting urban middle-class shoppers in key Chinese cities.
Average Trading Volume: 344,776
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$446.8M
See more data about 0825 stock on TipRanks’ Stock Analysis page.