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    1115   KYG886121097

TIBET WATER RESOURCES LTD.

(1115)
  Report
Delayed Hong Kong Stock Exchange  -  04:08 2022-09-30 am EDT
0.4500 HKD   -1.10%
09/22Tibet Water Resources Factories Cease Production Amid COVID-19 Re-Emergence
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09/19Tibet Water Resources Ltd.(SEHK:1115) dropped from S&P Global BMI Index
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08/31Tibet Water Resources' Profit Plunges Nearly 83% in H1
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Tibet Water Resources Ltd. Announces Dai Yang Retirement

05/31/2022 | 08:55am EDT

Tibet Water Resources Ltd. announces that Mr. DAI Yang ("Mr. DAI"), an independent non-executive Director, will retire from office upon the conclusion of the Company's annual general meeting to be held on 30 June 2022 at 11:00 a.m. (the "AGM"). The Board has been informed by Mr. DAI that he would not offer himself for re-election at the AGM due to his own business engagement which requires more of his dedication. Accordingly, Mr. DAI will retire as independent non-executive Director upon conclusion of the AGM.

Following the abovementioned retirement, Mr. DAI will also cease to be the chairman of the remuneration committee of the Company and a member of each of the audit committee, nomination committee and risk management committee of the Company. Mr. DAI has confirmed that he has no disagreement with the Board and there is no other matter relating to his retirement that needs to be brought to the attention of the shareholders of the Company (the "Shareholders"). The Board would like to extend its gratitude to Mr. DAI for his valuable contributions to the Company during his tenure of service.


© S&P Capital IQ 2022
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Financials
Sales 2021 456 M 64,1 M 64,1 M
Net income 2021 47,0 M 6,60 M 6,60 M
Net Debt 2021 688 M 96,7 M 96,7 M
P/E ratio 2021 30,5x
Yield 2021 -
Capitalization 1 221 M 172 M 172 M
EV / Sales 2020 4,71x
EV / Sales 2021 4,09x
Nbr of Employees 371
Free-Float 59,7%
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Managers and Directors
Kai Leung Lee Chief Financial Officer
Wai Hung Lo Independent Non-Executive Director
Ting Lin Independent Non-Executive Director
Chunlong Zhang Independent Non-Executive Director
Xiao Hong Jiang Non-Executive Director
Sector and Competitors