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Addsino Co Ltd (000547.SZ)

000547.SZ on Shenzhen Stock Exchange

15.36CNY
18 Apr 2016
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Wed, Oct 19 2016

BRIEF-Addsino completes sale of 10 pct stake in Beijing investment fund firm

* Says co completes sale of 10 percent stake in Beijing investment fund firm, at 15.7 million yuan

BRIEF-Addsino sees 2016 Q1 to Q3 net profit up 5 pct to 25 pct

* Expects net profit for 2016 Q1 to Q3 to increase by 5 percent to 25 percent, or to be 138.5 million yuan to 165 million yuan

BRIEF-Addsino buys 90 pct stake in tech firm and establishes tech unit

* Says it acquired 90 percent stake in a Beijing-based simulation technology company

BRIEF-Addsino expects 2016 H1 net profit to rise by 38-48 pct

* Says it expects 2016 H1 net profit of 80-96 million yuan, to increase by 38-48 percent compared with 2015 H1

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