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Hubei Sanonda Co Ltd (000553.SZ)

000553.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hubei Sanonda sees FY 2017 Q1 net profit to increase by 585.8 pct to 648.1 pct
Thursday, 6 Apr 2017 03:08am EDT 

Hubei Sanonda Co Ltd <000553.SZ> : Says net profit for FY 2017 Q1 to increase by 585.8 percent to 648.1 percent, or to be 55 million yuan to 60 million yuan, compared to net profit of FY 2016 Q1 (8 million yuan) .Says increased sales revenue as main reason for the forecast.  Full Article

Hubei Sanonda says no dividend payment for FY 2016
Thursday, 6 Apr 2017 02:08am EDT 

Hubei Sanonda Co Ltd <000553.SZ> :Says no dividend payment for FY 2016.  Full Article

Hubei Sanonda lowers transaction amount to 18.47 bln yuan on acquisition of Israel's Adama Agricultural
Tuesday, 28 Feb 2017 03:20am EST 

Hubei Sanonda Co Ltd <000553.SZ> : Says it plans to acquire Israel's Adama Agricultural Solutions Ltd . Says it lowered transaction amount to 18.47 billion yuan from 18.6 billion yuan .Original announcement was published on Sept. 13, 2016.  Full Article

EXIM Bank of China approves termination of Adama's share pledge agreement
Thursday, 23 Feb 2017 04:00am EST 

Hubei Sanonda Co Ltd <000553.SZ> : Says The Export-Import Bank of China approves China National Agrochemical Corp to terminate pledge agreement of Adama Agricultural Solutions Ltd' 100 percent stake .Says The Export-Import Bank of China approves China National Agrochemical Corp to use other assets owned by China National Chemical Corp as new collateral.  Full Article

Hubei Sanonda sees Q1-Q3 2016 net profit to be 20 mln-23 mln yuan
Thursday, 13 Oct 2016 01:55am EDT 

Hubei Sanonda Co Ltd <000553.SZ>: Sees net profit for Q1 to Q3 2016 to be 20 million yuan to 23 million yuan, compared to net profit of the same period in 2015 (147,120,000 yuan) .Comments that the decreased sales of main products is the main reason for the outlook.  Full Article

Hubei Sanonda expects 2016 H1 net profit to be 15-20 mln yuan
Wednesday, 13 Jul 2016 04:20am EDT 

Hubei Sanonda Co., Ltd. <000553.SZ>: Says it sees 2016 H1 net profit outlook of 15-20 million yuan . Says 2015 H1 net income was 117.7 million yuan .Comments that pesticide market over capacity is the main reason for the negative forecast.  Full Article

Hubei Sanonda plans merger with units
Tuesday, 28 Jun 2016 11:12pm EDT 

Hubei Sanonda Co Ltd <000553.SZ> : Says it plans to merge its wholly owned Jingzhou-based pesticide chemical unit and chemical unit respectively .Says the two units to be dissolved after the transaction.  Full Article

Hubei Sanonda says 2015 dividend payment date
Tuesday, 7 Jun 2016 10:18pm EDT 

Hubei Sanonda Co Ltd <000553.SZ>: Says it to pay cash dividend of 0.25 yuan per 10 shares (before tax) for 2015, to holders of A shares recorded on June 14, and holders of B shares recorded on June 17 . Says the company's shares will be traded ex-right and ex-dividend on June 15 and the dividend will be paid on June 15 for A shares and June 17 for B shares respectively .Says dividends for B shares will be paid in Hong Kong dollars.  Full Article

Hubei Sanonda issues 2016 Q1 net profit outlook
Friday, 8 Apr 2016 08:00pm EDT 

Hubei Sanonda Co Ltd:Sees net profit for 2016 Q1 to be 7~10 mln yuan.Says the net profit of 2015 Q1 was 77.0288 mln yuan.Comments that decreased sales revenue due to overcapacity in pesticides industry is the main reasons for the forecast.  Full Article

Hubei Sanonda announces 2015 dividend payment
Thursday, 17 Mar 2016 08:00pm EDT 

Hubei Sanonda Co Ltd:To pay cash dividend of 0.25 yuan per 10 shares (before tax) to all shareholders for 2015.  Full Article

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BRIEF-Hubei Sanonda gets state planner's approval to acquire Adama Agricultural

* Says it gets state planner's approval to acquire Adama Agricultural Solutions, pending approval from securities regulator