Tungtex (Holdings) Company Limited (0518.HK)

0.238 +0.002 (+0.85%) At close: 03:05PM HKT

Tungtex (Holdings) Company Limited

EGL Tower
Office A, 26th Floor No. 83 Hung To Road
Kwun Tong
Hong Kong
852 2797 7000
https://www.tungtex.com

Sector(s): Consumer Cyclical
Industry: Apparel Manufacturing
Full-time employees: 1,400

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hau Man Tung	Executive Chairman	3.5M	N/A	1976
Mr. Wai Man Tung	MD & Executive Director	2.75M	N/A	1965
Mr. Chung Man Tung	MD of the Group Retail Operation & Vice Chairman of the Board	3.35M	N/A	1977
Ms. Yiu Shan Cheung	Chief Financial Officer	N/A	N/A	1970
Mr. Kam Fai Cheng	Human Resources Director	N/A	N/A	1960
Mr. Pui Wai Chan	Group Treasurer and Assistant General Manager	N/A	N/A	1970

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Tungtex (Holdings) Company Limited, an investment holding company, manufactures, sells, retails, and trades in garments in North America, Asia, Europe, and internationally. The company manufactures and exports ladies sportswear, casual wear, and suit pieces; and various women career and casual sportswear for department stores, chain stores, specialty stores, catalogs, and designer labels, as well as silk-blended, linen, cotton, and synthetic products. It is also involved in property investment activities. Tungtex (Holdings) Company Limited was founded in 1977 and is headquartered in Kwun Tong, Hong Kong.

Corporate governance

Tungtex (Holdings) Company Limited’s ISS governance QualityScore as of 1 May 2024 is 7. The pillar scores are Audit: 8; Board: 8; Shareholder rights: 6; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.