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China Shipbuilding Industry Co Ltd (601989.SS)

601989.SS on Shanghai Stock Exchange

7.34CNY
24 Mar 2017
Change (% chg)

¥0.14 (+1.94%)
Prev Close
¥7.20
Open
¥7.19
Day's High
¥7.35
Day's Low
¥7.14
Volume
130,364,563
Avg. Vol
201,046,808
52-wk High
¥8.13
52-wk Low
¥5.80

Latest Key Developments (Source: Significant Developments)

China Shipbuilding expects to return to net profit in 2016
Monday, 9 Jan 2017 06:00am EST 

China Shipbuilding Industry Co Ltd <601989.SS> :Says it expects to return to net profit of 500-700 million yuan in 2016 versus net loss of 2.6 billion yuan ($374.94 million) year ago.  Full Article

China Shipbuilding Industry returns to net profit in Jan-Sept
Thursday, 27 Oct 2016 08:02am EDT 

China Shipbuilding Industry Co Ltd <601989.SS> :Says it returns to net profit of 846.8 million yuan ($124.90 million) in Jan-Sept versus net loss of 441.4 million yuan year ago.  Full Article

China Shipbuilding's H1 net profit up 306.9 pct
Tuesday, 30 Aug 2016 05:10am EDT 

China Shipbuilding Industry Co Ltd <601989.SS> :Says H1 net profit up 306.9 percent y/y.  Full Article

China Shipbuilding Industry transfers stakes in four companies
Wednesday, 18 May 2016 10:38pm EDT 

China Shipbuilding Industry Company Limited <601989.SS> :Says it completes the transfer of 100 percent stake in Yichang Marine Diesel Engine, Henan Diesel Engine Industry and another tech-firm respectively, and 75 percent stake in Wuhan Marine Machinery Plant.  Full Article

China Shipbuilding Industry announces no dividend for 2015
Monday, 2 May 2016 08:00pm EDT 

China Shipbuilding Industry Co Ltd:Announces no dividend for 2015.  Full Article

China Shipbuilding Industry to transfer stake in companies
Thursday, 18 Feb 2016 07:00pm EST 

China Shipbuilding Industry Co Ltd:To transfer 100 pct stake in a Xingping-based diesel production subsidiary, 100 pct stake in a Chongqing-based gear and drive element production subsidiary and 80 pct stake in a Qingdao-based diesel production subsidiary to a Beijing-based shipbuilding shareholder company at 589.0987 million yuan.  Full Article

China Shipbuilding Industry gives 2015 net profit outlook
Thursday, 21 Jan 2016 07:00pm EST 

China Shipbuilding Industry Co Ltd:Sees net profit for 2015 to be -2.5 billion yuan to -2.8 billion yuan.Says the net profit of 2014 was 2,123.3651 million yuan.Comments the decreased sales and gross profit rate are the main reasons for the forecast.  Full Article

China Shipbuilding Industry to transfer stake in companies to Fengfan Co Ltd
Sunday, 13 Dec 2015 07:00pm EST 

China Shipbuilding Industry Co Ltd:To transfer 100 pct stake in a Yichang-based diesel engine company, 100 pct stake in a Luoyang-based diesel engine company, 100 pct stake in a Shanghai-based investment company and 75 pct stake in a Wuhan-based shipping company to Fengfan Co Ltd at 6,306.3921 million yuan in total.To acquire 350,940,016 shares of Fengfan Co Ltd at 17.97 yuan per share.  Full Article

China Shipbuilding Industry updates transaction with Fengfan
Thursday, 3 Sep 2015 08:00pm EDT 

China Shipbuilding Industry Co Ltd:To transfer 100 pct stake in Yichang-based diesel engine company, Luoyang-based diesel engine company, Shanghai-based holding company respectively, and 90 pct stake in Wuhan-based marine machinery company, to Fengfan, and these stake transaction price valued at 6,701.7037 mln yuan in total.Fengfan expected to issue 372.9384 mln shares to the company.The company's stake in Fengfan to increase to about 20.22 pct (372.9384 mln shares) after Fengfan's share issuance for stake acquisition and fund raising.  Full Article

China Shipbuilding Industry to sell companies to Fengfan
Monday, 31 Aug 2015 08:00pm EDT 

China Shipbuilding Industry Co Ltd:To sell 100 pct stake in Yichang-based diesel engine company, Luoyang-based diesel engine company, Shanghai-based holding company, and 90 pct stake in Wuhan-based marine machinery company, to Fengfan.  Full Article

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