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First Tractor Co Ltd (0038.HK)

0038.HK on Hong Kong Stock

4.85HKD
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

First Tractor anounces common resource services agreement
Tuesday, 28 Feb 2017 06:42am EST 

First Tractor Co Ltd <601038.SS> : YTO, on behalf of YTO Group and Company, entered into common resource services agreement .Yto group agreed to provide common resource services to group.  Full Article

First Tractor expects net profit for year ended 31 Dec 2016 to increase by 40-70 pct
Wednesday, 22 Feb 2017 06:13am EST 

First Tractor Co Ltd <601038.SS> : Estimated that net profit attributable to shareholders of company for year ended 31 december 2016 would increase by 40% to 70% .Expected result due to reduced impact of fluctuation of exchange rate on company's results.  Full Article

First Tractor, Bank of Communications enter into wealth management product agreement
Tuesday, 3 Jan 2017 07:33am EST 

First Tractor Co Ltd <601038.SS> : Company and Bank of Communications entered into wealth management product agreement II . Company should subscribe for wealth management product II from Bank of Communications at RMB300 million .On 30 December 2016, company subscribe for wealth management product III from Bank of Communications at rmb200 million.  Full Article

First Tractor HY net profit RMB158.3 million<0038.HK><601038.SS>
Thursday, 25 Aug 2016 09:49am EDT 

First Tractor Co Ltd <601038.SS>: Announcement of interim results for the six months ended 30 June 2016 <0038.HK> . HY net profit RMB 158.3 million versus RMB 148.6 million a year ago . HY operating revenue RMB5.041 billion versus RMB5.55 billion . Tractor market is expected to remain sluggish in the second half of 2016 .  Full Article

First Tractor received capital reduction agreement<0038.HK><601038.SS>
Monday, 22 Aug 2016 08:33am EDT 

First Tractor Co Ltd <601038.SS>: Disposal of shares by controlling shareholder <0038.HK> . Company received capital reduction agreement entered into between YTO, Sinomach, Luoyang State Capital, China Huarong, Ccb Henan Branch and COAMC . Total consideration payable by YTO for the capital reduction will be RMB451.1 million . Co also received share transfer agreement entered into between YTO, China Huarong, Ccb Henan Branch and COAMC .  Full Article

First Tractor to pay 2015 div on July 11
Monday, 4 Jul 2016 11:35pm EDT 

First Tractor <601038.SS> Co Ltd: Says it will pay cash dividend of 0.41 yuan per 10 shares (before tax) to shareholders for 2015 as a record of July 8 .Says the company's shares will be traded ex-right and ex-dividend on July 11 and the dividend will be paid on July 11.  Full Article

First Tractor to provide 876.3 mln yuan loan guarantee for units
Tuesday, 29 Mar 2016 08:00pm EDT 

First Tractor Co Ltd:Says it to provide loan guarantee of 876.3 million yuan for five its units.  Full Article

First Tractor says 2015 dividend payment as 0.041 yuan per share
Tuesday, 29 Mar 2016 08:00pm EDT 

First Tractor Co Ltd:To pay cash dividend of 0.41 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

First Tractor appoints finance director
Friday, 30 Oct 2015 08:00pm EDT 

First Tractor Co Ltd:Appoints Yao Weidong as finance director.  Full Article

First Tractor issues 2015 H1 net profit outlook
Friday, 10 Jul 2015 08:00pm EDT 

First Tractor Co Ltd:Sees net profit for 2015 H1 to increase 20 pct to 40 pct.Says the net profit of 2014 H1 was 112.4278 million yuan.Comments that sales increase and cost control as the main reasons for the forecast.  Full Article

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