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Konka Group Co Ltd (000016.SZ)

000016.SZ on Shenzhen Stock Exchange

5.46CNY
17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Konka Group signs co-operate agreement on intelligent home business
Monday, 17 Jul 2017 06:07am EDT 

July 17 (Reuters) - Konka Group Co Ltd <000016.SZ> ::* Says it signed strategic agreement with China Orient Asset Management (International) Holding Limited on intelligent home business and industry fund construction .  Full Article

Konka Group sees H1 FY 2017 net profit to raise to 26-32 mln yuan
Thursday, 13 Jul 2017 11:59pm EDT 

July 14 (Reuters) - Konka Group Co Ltd <000016.SZ> ::* Sees H1 FY 2017 net profit to raise to 26 million yuan to 32 million yuan.* Says H1 FY 2016 net profit was 12.8 million yuan.* Says cooperations with brands, profit model upgrade and product competitiveness improvement as main reasons for the forecast.  Full Article

Kairuide Holding unit plans cooperation with Konka's unit on Internet TV business
Friday, 7 Jul 2017 12:33am EDT 

July 7 (Reuters) - Kairuide Holding Co Ltd <002072.SZ> ::* Says co's technology unit enters into a strategic cooperation agreement with a Shenzhen-based network technology firm which is the unit of Konka Group, on Internet TV business .  Full Article

Konka Group to sell 51 pct stake in electronics unit for at least 224.4 mln yuan
Friday, 30 Jun 2017 07:15am EDT 

June 30 (Reuters) - Konka Group Co Ltd <000016.SZ> ::* Says it plans to sell 51 percent stake in its Kunshan-based electronics unit for at least 224.2 million yuan .  Full Article

Konka Group to invest in industry fund and smart card firm, to sell stake in property unit
Thursday, 29 Jun 2017 07:51am EDT 

June 29 (Reuters) - Konka Group Co Ltd <000016.SZ>:Says it plans to invest up to 1.0 billion yuan ($147.48 million) to set up industry fund worth up to 5.0 billion yuan with partner.Says it plans to buy 24 percent stake in smart card firm for 588 million yuan.Says it plans to sell 49 percent stake in property unit for at least 2.9 billion yuan.  Full Article

Konka Group to sell stake in Enraytek Optoelectronics valued at about 119.5 mln yuan
Wednesday, 21 Jun 2017 04:36am EDT 

June 21 (Reuters) - Konka Group Co Ltd <000016.SZ>200016.SZ:Says it plans to sell 22.9 percent stake in Enraytek Optoelectronics valued at about 119.5 million yuan ($17.50 million).  Full Article

Konka Group sees FY 2017 Q1 net profit to be 21 mln yuan to 29 mln yuan
Monday, 17 Apr 2017 03:30am EDT 

April 17(Reuters) - Konka Group Co Ltd <000016.SZ> ::* Says net profit for FY 2017 Q1 to be 21 million yuan to 29 million yuan, compared to net profit of FY 2016 Q1 (8.4 million yuan).* Says enhancement of brand reputation and product competitiveness, mechanism reform and increased sales revenue as main reasons for the forecast.  Full Article

Konka Group back to black with net profit of 95.7 mln yuan in 2016
Thursday, 30 Mar 2017 05:13am EDT 

Konka Group Co Ltd <000016.SZ><200016.SZ> :Says it returns to net profit of 95.7 million yuan ($13.89 million) in 2016 versus net loss of 1.3 billion yuan year ago.  Full Article

Konka Group expects to return to net profit in 2016
Friday, 20 Jan 2017 03:30am EST 

Konka Group Co Ltd <000016.SZ><200016.SZ> :Says it expects to return to net profit of 50-120 million yuan ($7.27-$17.46 million) in 2016 versus net loss of 1.26 billion yuan year ago.  Full Article

Konka Group receives VAT refund of 23 mln yuan
Tuesday, 27 Dec 2016 12:15am EST 

Konka Group Co Ltd <000016.SZ> :Says it received value-added-tax refund of 23 million yuan for its software products.  Full Article

BRIEF-Konka Group signs co-operate agreement on intelligent home business

* Says it signed strategic agreement with China Orient Asset Management (International) Holding Limited on intelligent home business and industry fund construction

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