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Heavy Electrical Equipment

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Northeast Electric Development swings to net loss in 2016

8:30am EDT

Northeast Electric Development Co Ltd <0042.HK><000585.SZ> :Says it swings to net loss of 99.5 million yuan ($14.48 million) in 2016 versus net profit of 4.9 million yuan year ago.

Dongfang Electric Corp to pay no annual div for FY 2016

7:18am EDT

Dongfang Electric Corp Ltd <600875.SS> :Says it will pay no annual dividend for FY 2016.

BHEL commissions 250 MW lignite power plant in Gujarat

1:30am EDT

Bharat Heavy Electricals Ltd : Says BHEL commissions 250 MW eco-friendly cfbc technology-based lignite power plant in Gujarat .250 MW lignite based thermal unit is second unit to be commissioned at Bhavnagar Energy's thermal power project.

Dongfang Electric Corp says total operating revenue in 2016 rmb33.286 billion, down 7.59 pct

Friday, 24 Mar 2017 10:49am EDT

Dongfang Electric Corp Ltd <600875.SS> : Total operating revenue of company in 2016 amounted to rmb33.286 billion, representing a decrease of 7.59% . Fy net profit attributable to shareholders of company in 2016 amounted to rmb 1,784 million, representing a decrease of 506.38% . Board proposes not to distribute any dividend or profit for year 2016 .Has planned to achieve annual output of power generation equipment of 28 million kw and maintain stable operating revenue in 2017.

Dongfang Electric swings to red in 2016 with net loss of 1.8 bln yuan

Friday, 24 Mar 2017 08:24am EDT

Dongfang Electric Corp Ltd <600875.SS> :Says it swings to net loss of 1.8 billion yuan ($261.48 million) in 2016 versus net profit of 439.1 million yuan year ago.

XJ Electric's 2016 net profit up 20.6 pct

Friday, 24 Mar 2017 08:09am EDT

XJ Electric Co Ltd <000400.SZ> :Says 2016 net profit up 20.6 percent y/y at 868.9 million yuan ($126.22 million).

Boer Power expects to record a substantial loss for 2016

Friday, 24 Mar 2017 06:13am EDT

Boer Power Holdings Ltd <1685.HK>- : Expects to record a substantial loss for year ended 31 December 2016 .Expected results attributed to co's provision for bad debts of trade receivables, loans to customers, retention receivables and bills receivables during 2016.

Seiko Electric to fully acquire TRYTEC CO., LTD. for 525 mln yen

Friday, 24 Mar 2017 05:48am EDT

Seiko Electric Co Ltd <6653.FU>: Says it plans to acquire 100 percent stake in TRYTEC CO., LTD. for 525 million yen(advisory fee included) .Says effective April 17.

Guodian Nanjing Automation's general manager resigns due to change in job role

Friday, 24 Mar 2017 04:54am EDT

Guodian Nanjing Automation Co Ltd <600268.SS> :Says General Manager Ying Guangwei resigns due to change in job role.

Interroll Holding FY net profit up 23.6 pct, higher dividend

Friday, 24 Mar 2017 01:00am EDT

Interroll Holding : FY order intake increases by 5.2 percent to the record level of 405.2 million Swiss francs ($406.95 million) . FY net sales increase by 11.3 percent to the highest level ever of 401.5 million francs . FY EBITDA increases by 12.9 percent to 65.7 million francs . FY net profit increases by 23.6 percent to the highest level ever of 36.2 million francs . Dividend increase by one third to 16.00 francs per share proposed (previous year: 12.00 francs per share) .Group has gotten off to a good start into financial year 2017 in all regions, but expects growth in profit to flatten out in the current financial year.

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