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Zhongsheng Group Holdings Ltd (0881.HK)

0881.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Zhongsheng Group reports FY net profit of RMB1.86 billion
Monday, 20 Mar 2017 12:13am EDT 

Zhongsheng Group Holdings Ltd <0881.HK> : FY revenue for year of 2016 increased by 21.1% to RMB71,599.2 million as compared to year of 2015 . Proposed final dividend for year of 2016 is HK$0.30 .FY profit attributable to owners of parent for year of 2016 was RMB1.86 billion, representing an increase of 303.5%.  Full Article

Qingdao Hengshun Zhongsheng Group sees FY2016 net profit to decrease by 15 pct to 25 pct
Thursday, 26 Jan 2017 07:34pm EST 

Qingdao Hengshun Zhongsheng Group Co Ltd <300208.SZ> : Sees net profit for FY2016 to decrease by 15 percent to 25 percent, or to be 254 million yuan to 287.9 million yuan, compared to net profit of FY2015 (338.7 million yuan) .Says lower gross margin rate of products and decreased non-recurring profit as main reasons for the forecast.  Full Article

Zhongsheng Group Holdings says HY revenue increased by 18.1% to RMB31.74 bln<0881.HK>
Monday, 22 Aug 2016 12:15am EDT 

Zhongsheng Group Holdings Ltd <0881.HK>: Says revenue for the six-month period ended 30 June 2016 increased by 18.1% to RMB31.74 billion . Profit attributable to owners of the parent for the six-month period ended 30 June 2016 was RMB613.0 million, increased by 97.5% . Directors of the company proposed not to declare any interim dividend for the six months ended 30 June 2016 .  Full Article

Zhongsheng Group Holdings says unit entered into a Reorganisation Agreement
Sunday, 10 Apr 2016 06:08pm EDT 

Zhongsheng Group Holdings Ltd:Famous Great International, a wholly- owned subsidiary of the company, entered into a reorganisation agreement.Pursuant to Reorganisation Agreement, the parties to the Reorganisation Agreement have agreed to reorganise their interest in B&L Motor.  Full Article

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BRIEF-Zhongsheng Group Holdings issues profit alert

* Expected that group will record a substantial increase in consolidated profit for year ended 31 december 2016