Highways & Rail Tracks

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Fujian Expressway Development appoints general manager

Monday, 1 Feb 2016 07:00pm EST

Fujian Expressway Development Co Ltd:Cheng Xinqian as general manager of the company.

Hainan Expressway issues 2015 net loss outlook

Monday, 1 Feb 2016 07:00pm EST

Hainan Expressway Co Ltd:Says net loss outlook for 2015 to be 190 million yuan to 230 million yuan.Says the net profit of 2014 was 50.44 mln yuan.Says that impairment provision and decreased sales are the main reasons for the forecast.

Guangxi Wuzhou Communications expects to post net loss in 2015

Sunday, 31 Jan 2016 07:00pm EST

Guangxi Wuzhou Communications Co Ltd:Says expects 2015 a net loss and without any specific data information.Says 2014 net income was 73.4 million yuan.

Shenzhen Expressway gives 2015 net profit outlook below I/B/E/S estimates

Friday, 29 Jan 2016 07:00pm EST

Shenzhen Expressway Co Ltd:Sees net profit for 2015 to decrease 20 pct to 40 pct.The net profit of 2014 was 2,186,883,400 yuan.2015 reported net profit of 1,988 million yuan – Thomson Reuters I/B/E/S.Comments that increased costs as the main reason for the forecast.

Huabei Expressway gives 2015 net profit outlook below I/B/E/S estimates

Friday, 29 Jan 2016 07:00pm EST

Huabei Expressway Co Ltd:Sees net profit for 2015 to decrease 34 pct to 43 pct, or to be 130 million yuan to 150 million yuan.Says the net profit of 2014 was 227.52 mln yuan.2015 reported net profit of 240.00 million yuan – Thomson Reuters I/B/E/S.Comments that impairment loss as the main reason for the forecast.

Hubei Chutian Expressway gives 2015 net profit outlook

Thursday, 28 Jan 2016 07:00pm EST

Hubei Chutian Expressway Co Ltd:Sees net profit for 2015 to increase 40 pct to 60 pct.Says the net profit of 2014 was 283.8514 million yuan.Comments the increased deferred income tax assets are the main reasons for the forecast.

Fujian Expressway Development says general manager to resign

Friday, 22 Jan 2016 07:00pm EST

Fujian Expressway Development Co Ltd:Says company's general manager, Jiang Jianxin to resign from this position.

Jilin Expressway to issue new shares to acquire company

Friday, 22 Jan 2016 07:00pm EST

Jilin Expressway Co Ltd:To issue 118,469,731 A shares at 4.46 yuan per share to Jilin Expressway Group in exchange for advertising rights of a highway, service franchise of Changchun Service Zone, Siping Service Zone and Gongzhuling Service Zone.Discreet value of the target is 528.375 million yuan.

NIPPON PARKING DEVELOPMENT lowers consolidated mid-year and full-year outlook for FY 2016; expects extraordinary loss for Q2 of FY 2016

Friday, 22 Jan 2016 01:30am EST

NIPPON PARKING DEVELOPMENT Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 8,550 mln yen from 9,250 mln yen for the fiscal year ending July 31, 2016.Sees a decrease of operating profit forecast to 780 mln yen from 1,460 mln yen.Sees a decrease of ordinary profit forecast to 1,000 mln yen from 1,460 mln yen.Sees a decrease of net profit forecast to 480 mln yen from 890 mln yen.Sees a decrease of earnings per share to 1.43 yen from 2.65 yen.Says the company lowered the consolidated full-year outlook for revenue to 17,700 mln yen from 18,700 mln yen for the fiscal year ending July 31, 2016.Sees a decrease of operating profit forecast to 2,000 mln yen from 3,100 mln yen.Sees a decrease of ordinary profit forecast to 2,200 mln yen from 3,100 mln yen.Sees a decrease of net profit forecast to 1,240 mln yen from 1,850 mln yen.Sees a decrease of earnings per share to 3.68 yen from 5.50 yen.Comments the decreased sales in core business as the main reason for the forecast.Says it expects an extraordinary loss of 172 million yen for Q2 of the fiscal year ending July 31, 2016.

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