Top Wealth Group Holding Ltd (OQ:TWG)
Business Focus: Fishing & Farming Wholesale
| Sector: Consumer Non-Cyclicals | Industry: Fishing & Farming |
| Company Contact | |
| Address: | 118 Connaught Road West Hong Kong Plaza, 7f, Units 714 & 715 999077 |
| Tel: | N/A |
| Website: | https://www.imperialcristalcaviar.com |
| IR: | See website |
| Key People | ||
| Kim Kwan Kings Wong Chairman of the Board, Chief Executive Officer | Kwok Kuen Yuen Chief Financial Officer | |
| Business Overview |
| Top Wealth Group Holding Ltd is a company principally engaged in the supply of caviars. The Company is principally engaged in the caviar wholesale business. The Company distributes its caviar products within domestic market and to overseas markets. The Company is engaged in the distribution of caviars under the brand name of Imperial Cristal Caviar. |
| Financial Overview |
| For the six months ended 30 June 2023, Top Wealth Group Holding Ltd revenues increased 89% to $7M. Net income increased 53% to $1.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Administrative expense - Balancing value increase from $67K to $537K (expense), Staff Cost increase from $8K to $197K (expense). |
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