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    8051   KYG2180K1141

CIRCUTECH INTERNATIONAL HOLDINGS LIMITED

(8051)
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CircuTech International Holdings Limited Announces Executive Changes

05/15/2020 | 04:45am EDT

CircuTech International Holdings Limited announces the following changes with effect from 15 May 2020. Mr. Tsai Biing-Hann has tendered his resignation as the chief executive officer of the Company, the compliance officer of the Company, a member of each of the remuneration committee and the nomination committee due to the requirement of his other work commitment assigned by Hon Hai Precision Industry Co. Ltd. ("Hon Hai"), the holding company of Foxconn (Far East) Limited, acontrolling shareholder of the Company. After his resignation from the abovementioned positions, Mr. Tsai remains as an executive Director. Ms. Chen Ching-Hsuan ("Ms. Chen"), an executive Director, has been appointed as the chief executive officer of the Company, the compliance officer of the Company, a member of each of the remuneration committee and the nomination committee of the Company and the Authorized Representative, all with effect from 15 May 2020. Ms. Chen was appointed as an executive Director on 10 June 2016.


ę S&P Capital IQ 2020
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Financials
Sales 2020 373 M 48,0 M 48,0 M
Net income 2020 9,00 M 1,16 M 1,16 M
Net cash 2020 104 M 13,4 M 13,4 M
P/E ratio 2020 12,1x
Yield 2020 -
Capitalization 108 M 13,9 M 13,9 M
EV / Sales 2019 0,43x
EV / Sales 2020 0,01x
Nbr of Employees 33
Free-Float 49,4%
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Managers and Directors
Ching Hsuan Chen Chief Executive Officer & Executive Director
Chun Wei Han Chief Financial Officer & Executive Director
Sung Tai Hong Chairman
Hua-Ben Miao Independent Non-Executive Director
Wai Hung Yeung Independent Non-Executive Director