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Hangzhou Robam Appliances Co Ltd (002508.SZ)

002508.SZ on Shenzhen Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hangzhou Robam Appliances proposes FY 2016 dividend payment
5:00am EDT 

Hangzhou Robam Appliances Co., Ltd.<002508.SZ>:Says the co proposed to pay a cash dividend of 5 yuan for every 10 shares and use additional paid-in capital to distribute 3 new shares for every 10 shares, as the dividend payment plan for FY 2016.  Full Article

Hangzhou Robam Appliances' 2016 net profit up 45.3 pct
Wednesday, 29 Mar 2017 08:07am EDT 

Hangzhou Robam Appliances Co Ltd <002508.SZ> :Says 2016 net profit up 45.3 percent y/y at 1.2 billion yuan ($174.17 million).  Full Article

Hangzhou Robam Appliances raises 2016 net profit outlook up 40 pct to 50 pct
Wednesday, 11 Jan 2017 04:52am EST 

Hangzhou Robam Appliances <002508.SZ>: Sees net profit for 2016 up 40 percent to 50 percent, or to be 1.16 billion yuan to 1.25 billion yuan . Says in the previous outlook, the company expected the net profit for 2016 up 20 percent to 40 percent . Says the net profit of 2015 was 830.5 million yuan .Comments that good sales in Q4 and government subsidy are the main reasons for the forecast.  Full Article

Hangzhou Robam Appliances sees 2016 net profit up 40-50 pct
Monday, 9 Jan 2017 03:18am EST 

Hangzhou Robam Appliances Co Ltd <002508.SZ> :Says it sees 2016 net profit up 40-50 percent y/y at 1.16-1.25 billion yuan ($167.31-180.29 million).  Full Article

Robam Appliances' H1 net profit up 37.9 pct
Tuesday, 26 Jul 2016 06:00am EDT 

Hangzhou Robam Appliances Co Ltd <002508.SZ> :Says H1 net profit up 37.9 percent y/y at 422.8 million yuan ($63.36 million).  Full Article

Hangzhou Robam Appliances to pay 2015 dividend on June 2
Thursday, 26 May 2016 05:03am EDT 

Hangzhou Robam Appliances Co Ltd <002508.SZ> : Says it plans to pay a cash dividend of 6 yuan (before tax) per 10 shares to shareholders of record on June 1, for 2015 . To use additional paid-in capital to distribute 5 new shares for every 10 shares .Says the company's shares will be traded ex-right and ex-dividend on June 2 and the dividend will be paid on June 2.  Full Article

Hangzhou Robam Appliances sees 2016 H1 net profit to rise by 20 pct to 40 pct
Monday, 25 Apr 2016 08:00pm EDT 

Hangzhou Robam Appliances Co Ltd:Sees 2016 H1 net profit to rise by 20 pct to 40 pct, or to be 367.9 mln yuan to 429.2 mln yuan.  Full Article

Hangzhou Robam Appliances announces 2015 dividend payment
Thursday, 7 Apr 2016 08:00pm EDT 

Hangzhou Robam Appliances Co Ltd:To use undistributed profits to pay a cash dividend of 6 yuan (pre-tax) per 10 shares to shareholders for 2015.To use additional paid-in capital to distribute five new shares for every 10 shares.  Full Article

Hangzhou Robam Appliances to dissolve JV
Thursday, 7 Apr 2016 08:00pm EDT 

Hangzhou Robam Appliances Co Ltd:To dissolve a 51 pct owned Shanghai-based joint venture engaged in wholesale, import & export, after-sales services of household electrical appliances and accessories.  Full Article

Hangzhou Robam Appliances raises 2015 net profit outlook
Tuesday, 12 Jan 2016 07:00pm EST 

Hangzhou Robam Appliances Co Ltd:Sees net profit for 2015 to increase 40 pct to 50 pct, or to be 804.2 million yuan to 861.6 million yuan, compared to net profit of 2014 (574.4 million yuan).In the previous outlook, the company expected the net profit for 2015 to increase 20 pct to 40 pct.Comments that lower raw material costs and increased sale rate of new products with high gross margin rate are the main reasons for the forecast.  Full Article

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BRIEF-Hangzhou Robam Appliances proposes FY 2016 dividend payment

* Says the co proposed to pay a cash dividend of 5 yuan for every 10 shares and use additional paid-in capital to distribute 3 new shares for every 10 shares, as the dividend payment plan for FY 2016