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Hesteel Co Ltd (000709.SZ)

000709.SZ on Shenzhen Stock Exchange

4.46CNY
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Hesteel to pay cash div 0.8 yuan per 10 shares for FY 2016
Thursday, 27 Apr 2017 10:35pm EDT 

April 28 (Reuters) - Hesteel Co Ltd <000709.SZ> ::* Says it plans to pay cash div 0.8 yuan per 10 shares for FY 2016.  Full Article

Hesteel's net profit up sharply in Q1, 2016
Thursday, 27 Apr 2017 06:51am EDT 

April 27 (Reuters) - Hesteel Co Ltd <000709.SZ>:Says 2016 net profit up 171.3 percent y/y at 1.6 billion yuan ($232.15 million).Says Q1 net profit up 455.7 percent y/y at 649.3 million yuan.  Full Article

Hesteel sees Q1 FY 2017 net profit to up 430.6 pct to 456.3 pct
Monday, 17 Apr 2017 03:34am EDT 

April 17 (Reuters) - Hesteel Co Ltd <000709.SZ> ::* Sees Q1 FY 2017 net profit to increase by 430.6 percent to 456.3 percent, or to be 620 million yuan to 650 million yuan.* Says Q1 FY 2016 net profit was 116.8 million yuan.* Says sharp rebound of steel price and products structure optimization as main reasons for the forecast.  Full Article

Hesteel sees FY 2016 net profit up 161.6 pct to 179 pct
Friday, 20 Jan 2017 04:25am EST 

Hesteel <000709.SZ>: Sees net profit for FY 2016 up 161.6 percent to 179 percent, or to be 1.5 billion yuan to 1.6 billion yuan . Says the net profit of FY 2015 was 573.5 million yuan .Comments the rising price of rolled steel is the main reason for the forecast.  Full Article

Hesteel sees 2016 net profit up 161.6-179.0 pct
Thursday, 19 Jan 2017 04:27am EST 

Hesteel Co Ltd <000709.SZ> :Says it expects 2016 net profit to rise 161.6-179.0 percent y/y to about 1.5-1.6 billion yuan ($218.44-$233.00 million).  Full Article

Hesteel and units plan finance lease for up to 1.75 bln yuan
Monday, 2 Jan 2017 10:32pm EST 

Hesteel Co Ltd <000709.SZ> : Says co and units plans to sign a financial leasing to sell production equipments to finance up to 1.75 billion yuan in total .To lease back the equipments with a term of 5 years.  Full Article

Hesteel's Q3 net profit up 248.35 pct
Wednesday, 26 Oct 2016 04:32am EDT 

Hesteel Co Ltd <000709.SZ> :Says Q3 net profit up 248.35 percent y/y.  Full Article

Hesteel sees 2016 Q1 to Q3 net profit up 70 pct to 100 pct
Thursday, 13 Oct 2016 11:50pm EDT 

Hesteel Co Ltd <000709.SZ> : Sees net profit for 2016 Q1 to Q3 to increase by 70 percent to 100 percent, or to be about 862.7 million yuan to 1,014.5 million yuan . Says the net profit of 2015 Q1 to Q3 was 507.5 million yuan .Comments that rising steel price is the main reason for the forecast.  Full Article

Hesteel expects 9-month net profit to rise 70-100 pct
Thursday, 13 Oct 2016 04:26am EDT 

Hesteel Co Ltd <000709.SZ> :Says it expects 9-month net profit to rise 70-100 percent y/y versus net profit of 507.5 million yuan ($76.10 million) year ago.  Full Article

Hesteel issues 2016 second tranche public corporate bonds worth 2 bln yuan
Thursday, 11 Aug 2016 03:46am EDT 

Hesteel Co Ltd <000709.SZ> :Says it issues 2016 second tranche public corporate bonds (second tranche) worth 2 billion yuan at coupon rate of 3.56 percent.  Full Article

More From Around the Web

Slovakia wants to 'get foot in the door' in U.S. Steel plant sale

BRATISLAVA Slovakia will seek a symbolic share or another form of involvement in the country's biggest steel works if United States Steel Corp goes ahead with the sale of the firm to the Hesteel Group of China, Slovak Economy Minister Peter Ziga said on Thursday.