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Hengshi Mining Investments Ltd (1370.HK)

1370.HK on Hong Kong Stock

2.04HKD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Hengshi Mining Investments updates on possible acquisition of a target company in PRC
Friday, 28 Apr 2017 09:11am EDT 

April 28 (Reuters) - Hengshi Mining Investments Ltd <1370.HK>::Memorandum of understanding in relation to possible acquisition of a target company in PRC.Consideration for possible acquisition shall be not more than RMB400 million.  Full Article

Hengshi Mining Investments issues positive profit alert
Friday, 17 Feb 2017 04:03am EST 

Hengshi Mining Investments Ltd <1370.HK>: Expected that group will record a profit after taxes of approximately RMB65.0 to 85.0 million for year ended 31 December 2016 .Expected results as group did not record any impairment loss during reporting period.  Full Article

Hengshi Mining Investments updates on profit warning<1370.HK>
Tuesday, 9 Aug 2016 04:54am EDT 

Hengshi Mining Investments Ltd <1370.HK>: Update on profit warning <1370.HK> . Says expected that the group's profit after tax for the six months ended 30 June 2016 is RMB16 million . Expected result due to average selling price of the iron ore concentrates for the six months ended 30 June 2016 declined by over 20% . Expected that group's profit after tax for six months ended 30 June is approximately RMB7 million, representing decline of approximately 91% .  Full Article

Hengshi Mining Investments expects PAT of RMB16 mln for six months<1370.HK>
Monday, 11 Jul 2016 04:24am EDT 

Hengshi Mining Investments Ltd <1370.HK>: Profit warning <1370.HK> . It is expected that the group's profit after tax for the six months ended 30 June 2016 is approximately RMB16 million . Expected result due to decline of over 20% average selling price of iron ore concentrates for six months .  Full Article

Hengshi Mining Investments announces acquisition of Xinan Investments Ltd<1370.HK>
Monday, 4 Jul 2016 06:27pm EDT 

Hengshi Mining Investments Ltd <1370.HK>: Discloseable transaction acquisition of 100% issued share capital in the target company involving issue of consideration shares under general mandate <1370.HK> . Deal for consideration of RMB213 million . Company entered into sale and purchase agreement with Jovial Link (Vendor) .  Full Article

Hengshi Mining Investments Ltd issues Fy 2015 profit/loss outlook
Monday, 29 Feb 2016 06:12am EST 

Hengshi Mining Investments Ltd:Expected that the Group will record a net loss and loss attributable to the equity shareholders of the Company for the year ended 31 December 2015.Loss due to the continuous decrease of the global and domestic market price of iron ore, the selling price of the Group’s products had dropped significantly.  Full Article

Hengshi Mining Investments Ltd gives H1 2015 outlook
Tuesday, 28 Jul 2015 08:14am EDT 

Hengshi Mining Investments Ltd:Says based on preliminary review of the latest unaudited financial information of the group.It expects the group’s profit after tax for H1 2015 will decline by about 50-60 pct as compared with that of H1 2014.Such decline has arisen due to the fact that the sales price of the Group’s iron ore concentrates has declined significantly as compared with that of H1 2014, mainly as a result of the change in the supply and demand in the global iron ore market, which resulted in a decrease of the iron ore price.  Full Article

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