Major Holdings Ltd.
HHKEX:13890.53
HKD
-0.01
(-1.87%)
ISIN
KYG5760H1386
CUSIP
G5760H138
Return %
Stock
S&P 500
1Y
-25.00
14.20
3Y
96.86
81.12
5Y
74.36
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
•
in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Chun To Cheung
- Full Time Employees
- 17
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Tower 2, Silvercord Hong Kong Hong Kong
- IPO Date
- Jan 10, 2014
- Website
- majorcellar.com
- Similar Companies
- Business
- Major Holdings Limited (1389.HK) is a Cayman Islands-incorporated investment holding company principally engaged in the sale, distribution, sourcing, acquisition, wholesaling, consignment, storage, peer-to-peer trading, and retailing of premium wines, spirits, and related ancillary products primarily in Hong Kong with operations extending to China, Asia, and globally; core products include red wine, white wine, rose wine, champagne, sparkling wine, sake, sweet wine, spirits, wine accessories, and other beverage-related items offered through retail showrooms, a network of distributors, retail organizations, five-star hotels, private clubs, and online platforms. The group operates key subsidiaries such as Major Cellar, Hong Kong's leading fine wine and spirits retailer and wholesaler; Beyond Elite; and Credit Major Company Limited, while maintaining synergies with Major Watch Company Limited, a luxury timepiece merchandiser affiliated with the controlling shareholder. Founded in 2007 and headquartered at Suite 1507, Tower 2, Silvercord, 30 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong, the company targets discerning high-net-worth clients in the premium beverage sector and employs 15 staff as of March 31, 2025. In recent developments, Major Holdings disposed of its subsidiary The Wine Cave Company Limited during the fiscal year ended March 31, 2025, contributing to a 41% reduction in promotion, selling, distribution, and administrative expenses to HK$11.5 million; recorded revenue of HK$58.0 million, down 7.9% year-over-year mainly due to lower red and white wine sales alongside gross losses from customer discounts and promotional events; reported a narrowed net loss of HK$13.4 million with basic loss per share of HK2.41 cents; implemented cost-saving measures including staff restructuring, process streamlining, and online shop enhancements amid challenging retail conditions; and effected board changes with the resignation of independent non-executive director Mr. Ngai Hoi Ying on May 1, 2024, and appointment of Ms. Li Bo to the board and its audit, remuneration, and nomination committees on the same date.