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United States

Elec-Tech International Co Ltd (002005.SZ)

002005.SZ on Shenzhen Stock Exchange

5.02CNY
20 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Elec-Tech International sees to swing to loss in H1 2017
Monday, 17 Jul 2017 03:05am EDT 

July 17(Reuters) - Elec-Tech International Co Ltd <002005.SZ>:Sees it will swing to net loss at 60 million yuan to 70 million yuan in H1 2017 versus net profit at 16 million yuan year ago.Says that increased sales income and financial expense as main reasons for the forecast.  Full Article

NVC Lighting Holding to acquire shares of Elec-Tech International
Monday, 12 Jun 2017 08:54am EDT 

June 12 (Reuters) - NVC Lighting Holding Limited:Will acquire shares of Elec-Tech International Co to amount of no more than RMB110 million on market before 31 Dec 2017.  Full Article

Elec-Tech International sees H1 2017 net profit to fluctuate by -25 to 25 pct
Thursday, 27 Apr 2017 10:57pm EDT 

April 28 (Reuters) - Elec-Tech International Co Ltd <002005.SZ>: :* Sees net profit for H1 2017 to fluctuate by -25 percent to 25 percent, or to be 12 million yuan to 20 million yuan, compared to net profit of the same period in 2016 (16.0 million yuan).  Full Article

Elec-Tech International sees Q1 FY 2017 net loss to be 70 mln yuan to 90 mln yuan
Friday, 31 Mar 2017 05:10am EDT 

Elec-Tech International Co Ltd <002005.SZ> : Sees Q1 FY 2017 net loss to be 70 million yuan to 90 million yuan . Says Q1 FY 2016 net loss was 88.6 million yuan .The reasons for the forecast are decreased sales revenue of small household electrical appliances and divestiture of units.  Full Article

Elec-tech International names Guo Cuihua as CFO
Wednesday, 11 Jan 2017 01:57am EST 

Elec-tech International Co., Ltd.<002005.SZ>:Says it names Guo Cuihua as CFO.  Full Article

Elec-Tech International issues H1 2016 net profit outlook
Monday, 25 Apr 2016 08:00pm EDT 

Elec-Tech International Co Ltd:Sees net profit for H1 2016 to increase by 0 pct to 50 pct, or to be 14,887,200 yuan to 22,330,800 yuan, compared to net profit of the same period in 2015 (14,887,200 yuan).Comments that improved sales of LED and small household appliances business is the main reason for the outlook.  Full Article

Elec-Tech International announces no dividend payment for 2015
Monday, 25 Apr 2016 08:00pm EDT 

Elec-Tech International Co Ltd:Says no dividend payment for 2015.  Full Article

Elec-Tech International unit to fully acquire illumination company
Monday, 25 Apr 2016 08:00pm EDT 

Elec-Tech International Co Ltd:Says its unit to acquire 100 pct stake in a Dalian-based company which is engaged in illumination products provision business.Says transaction price of 200.7 mln yuan.  Full Article

Elec-Tech International to raise 2 bln yuan via private placement
Thursday, 14 Apr 2016 08:00pm EDT 

Elec-Tech International Co Ltd:Plans to issue up to 368.32 million new shares via private placement at up to 5.43 yuan per share and aims to raise 2 billion yuan in total.Proceeds to be used for two LED related projects funding.  Full Article

Elec-Tech International announces freezing of shares
Sunday, 10 Apr 2016 11:45pm EDT 

Elec-Tech International Co Ltd:130 mln shares (9.31 pct stake) held by Wu Changjiang were frozen in order for 36 months from March 18.  Full Article

BRIEF-Elec-Tech International sees to swing to loss in H1 2017

* Sees it will swing to net loss at 60 million yuan to 70 million yuan in H1 2017 versus net profit at 16 million yuan year ago