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First Tractor Co Ltd (0038.HK)

0038.HK on Hong Kong Stock

3.96HKD
29 May 2017
Change (% chg)

HK$-0.01 (-0.25%)
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HK$3.96
Volume
754,000
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HK$5.15
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HK$3.81

Latest Key Developments (Source: Significant Developments)

First Tractor Co qtrly net profit attributable RMB 64 mln
Wednesday, 26 Apr 2017 08:22am EDT 

April 26 (Reuters) - First Tractor Co Ltd <601038.SS>::Qtrly net profit attributable to shareholders of company RMB 64 million versus RMB92.5 million.Qtrly total operating revenue RMB 2.69 billion versus RMB 3.08 billion.  Full Article

First Tractor updates letter of acceptance in respect of the painting line project
Tuesday, 18 Apr 2017 09:00am EDT 

April 18 (Reuters) - First Tractor Co Ltd 0038.HK::Announcement in relation to letter of acceptance in respect of the painting line project .Letter confirms that China Automotive becomes successful bidder for general contracting of painting line project.Issued letter of acceptance to china automotive, confirms china automotive becomes successful bidder for general contracting of painting line project.Co will enter into second general contracting agreement with China Automotive to engage it as general contractor for painting line project.Consideration offered by China Automotive at open tender for painting line project, is rmb71.5 million.  Full Article

First Tractor entered into First General Contracting Agreement
Friday, 31 Mar 2017 07:41am EDT 

First Tractor <0038.HK> : Connected Transaction - First General Contracting Agreement . Company, China Automotive and SCIVIC entered into First General Contracting Agreement . Contracting agreement for purpose of construction project . China Automotive and SCIVIC shall be responsible for construction of digitalized smart driving cab factory and its supporting area .Agreement for total consideration of RMB175.6 million.  Full Article

First Tractor to pay annual cash div as 0.057 yuan per share for FY 2016
Thursday, 30 Mar 2017 01:38am EDT 

First Tractor Co Ltd <601038.SS> :Says it plans to pay annual cash dividend as 0.057 yuan(pre-tax) per share as FY 2016 div payment.  Full Article

First tractor FY net profit attributable was RMB223.4 million
Tuesday, 28 Mar 2017 09:45am EDT 

First Tractor Co Ltd <601038.SS> : FY net profit attributable to shareholders of parent company RMB223.4 million versus RMB135.3 million . FY total operating revenue RMB8.87 billion versus RMB9.66 billion .Recommends cash dividend of RMB0.57 (including tax) for every 10 shares.  Full Article

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

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