Symphony Holdings Limited
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Symphony Holdings Limited

Incorporated in Bermuda with limited liability
Symphony Holdings Limited is a company listed on the stock exchange of Hong Kong Limited since 1995 with stock code 01223. The Company is principally engaged in manufacturing in house-brand athletic and athletic leisure footwear for sale worldwide, and diversified into the distribution, refail and branding of internationally renowned brands.

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Our Business
Our Business

The contract manufacturing is the core business of Symphony. Under the adverse economic conditions during the second half of 2007 and the first half of 2008, our factories were able to maintain substantially the same level of sales revenue and remain profitable. In 2008, Symphony doubled its production capacity in Vietnam, where cost is substantially lower than Southern China.

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Announcement
Announcement
  • 2008-10-27
    Announcement
  • 2008-10-27
    Variation of Sale and Purchase Agreement
  • 2008-10-24
    Unusual Share Price Movement
  • 2008-9-10
    Announcement of Interim Results for the six months ended 30 June 2008
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Financial Summary
The contract manufacturing sector in Southern China continues to face a number of challenges. The combination of slowing economies in North America and Europe, increases in raw material and labour costs, and higher tax and environmental protection costs, all combined to cause the closure of thousands of shoe manufacturers during the second half of 2007 and the first half of 2008. However, the Symphony Group's factories were able to maintain substantially the same level of sales revenue...
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