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Xiwang Special Steel Co Ltd (1266.HK)

1266.HK on Hong Kong Stock

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21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Xiwang Special Steel sees‍ profit attributable for six months ended 30 June 2017 increasing about by 80 pct to 90 pct​
Wednesday, 12 Jul 2017 04:49am EDT 

July 12 (Reuters) - Xiwang Special Steel Co Ltd <1266.HK>:Profit attributable to shareholders of company for six months ended 30 june 2017 may increase approximately by range between 80% and 90%​.Expected result due to increase in revenue coupled with improved gross profit per tonne of both ordinary steel and special steel.  Full Article

Xiwang Special Steel invests RMB2.55 bln to establish a new production line
Monday, 10 Apr 2017 07:52am EDT 

Xiwang Special Steel Co Ltd <1266.HK> : Company invests RMB 2.55 billion to establish a new production line . Group expects that its revenue could be increased substantially when new production line is put into full operation .Designed production capacity of new production line is expected to be 300,000 tonnes of rail steel and 150,000 tonnes of railway billet per annum.  Full Article

Xiwang Special Steel expects consolidated profit to increase by 344% for three months ended 31 March 2017
Monday, 10 Apr 2017 04:52am EDT 

Xiwang Special Steel Co Ltd <1266.HK>: Consolidated profit attributable to shareholders of company for three months ended 31 march 2017 is expected to increase by 344% .Expected result due to increase in revenue coupled with improved gross profit margins of both ordinary steel and special steel.  Full Article

Xiwang Special Steel Co says FY profit attributable RMB 332.6 mln
Thursday, 30 Mar 2017 07:41pm EDT 

Xiwang Special Steel Co Ltd <1266.HK>: FY profit attributable to owners RMB 332.6 million versus RMB 169.2 million . Board does not recommend payment of a final dividend for year ended 31 december 2016 .FY revenue RMB 7.57 billion versus RMB 6.75 billion.  Full Article

Xiwang Special Steel announces positive profit alert
Thursday, 26 Jan 2017 06:47pm EST 

Xiwang Special Steel Co Ltd <1266.HK> : Expected that group's consolidated profit attributable to shareholders for year ended 31 December 2016 may increase by more than 80% .Expected result due to increase in gross profit margin of ordinary steel.  Full Article

Xiwang Special Steel Co issues FY 2015 profit outlook
Friday, 8 Jan 2016 03:31am EST 

Xiwang Special Steel Co Ltd:Expects to record a decrease in unaudited consolidated net profit by approximately 50% to 60% for the year ended 31 December 2015.Exptected result due to the uncertain global economy.  Full Article

Xiwang Special Steel Co Ltd appoints Zhang Jian as CEO
Wednesday, 14 Oct 2015 06:51am EDT 

Xiwang Special Steel Co Ltd:Zhang Jian has been appointed as the chief executive officer of the company.Says Wang Hui has resigned as chief executive officer of the company.  Full Article