Wing On Company International Ltd.
MarketLine (a Datamonitor Company)
07 Jul 2015
Available for Immediate Download
Wing On Company International (Wing On) is an investment holding company, engaged in the operation and management of department stores, through its subsidiaries. The company, through its chain of department stores, offers a range of products including baby care products, home appliances, food and beverages, kitchen accessories, bedroom accessories, home decors, household products, health and beauty products, outdoor and travel accessories, toys, and luggage bags. It is also involved in the property investment business. The company operates in Hong Kong, Bermuda, the US, and Australia. It is headquartered in Central, Hong Kong and employs around 842 people. The company recorded revenues of HK$1,928.9 million (approximately $248.7 million) in the fiscal year ended December 2013, an increase of 3.3% over 2012. The company's operating profit was HK$662.1 million (approximately $85.4 million) in fiscal 2013, a decrease of 6.9% compared to 2012. Its net profit was HK$1,312.8 million (approximately $169.3 million) in fiscal 2013, a decrease of 14.2% compared to 2012.