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Konka Group Co Ltd (000016.SZ)

000016.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Konka Group sees 2016 H1 net profit to be 5 mln yuan to 20 mln yuan
Sunday, 17 Jul 2016 10:56pm EDT 

Konka Group <000016.SZ>: Says net profit for 2016 H1 will be 5 million yuan to 20 million yuan .Says the net profit of 2015 H1 was a loss of 297 million yuan.  Full Article

Home appliances maker Konka Group to return to net profit in H1
Wednesday, 13 Jul 2016 03:51am EDT 

Konka Group Co Ltd <000016.SZ><200016.SZ> :Says it expects H1 to return to net profit of 5-20 million yuan ($747,451-$2.99 million) from net loss of 297.0 million yuan year ago.  Full Article

Konka Group to issue shares via private placement
Tuesday, 12 Apr 2016 08:00pm EDT 

Konka Group Co Ltd:To issue up to 636,942,675 shares of its common stock through private placement, at 4.71 yuan per share.To raise up to 3 billion yuan in total.Proceeds raised will be used for two projects, loan repayment and supplement of working capital.  Full Article

Konka Group announces no dividend payment for 2015
Thursday, 7 Apr 2016 08:00pm EDT 

Konka Group Co Ltd:To pay no dividend for 2015.  Full Article

Konka Group to provide loan guarantee for subsidiary
Thursday, 7 Apr 2016 08:00pm EDT 

Konka Group Co Ltd:To provide loan guarantee of 100 million yuan for a Shenzhen-based company, which is engaged in development, production and after-sales service of communications products and digital products.Loan guarantee is with a term of three year.  Full Article

Konka Group receives VAT refund
Friday, 25 Mar 2016 08:00pm EDT 

Konka Group Co Ltd:Received value-added-tax refund of 60.4169 mln yuan for its embedded system software products.  Full Article

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BRIEF-Konka Group to sell 22.9 pct stake in Enraytek Optoelectronics

* Says it plans to sell 22.9 percent stake in Enraytek Optoelectronics Co Ltd