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China Oriental Group Co Ltd (0581.HK)

0581.HK on Hong Kong Stock

5.43HKD
8 Dec 2017
Change (% chg)

HK$-0.03 (-0.55%)
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HK$5.46
Open
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Volume
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Latest Key Developments (Source: Significant Developments)

China Oriental Group posts qtrly operating profit after net finance costs of about RMB2.3 bln
Monday, 6 Nov 2017 04:01am EST 

Nov 6 (Reuters) - China Oriental Group Co Ltd <0581.HK>:Qtrly‍ sales volume of self-manufactured steel products about 2.9 million​ tonnes.‍Qtrly operating profit after net finance costs about rmb2.3 billion​.  Full Article

China Oriental Group updates on production restriction
Wednesday, 1 Nov 2017 05:49am EDT 

Nov 1 (Reuters) - China Oriental Group Co Ltd <0581.HK> ::Refers to ‍air pollution prevention and control action plan issued by ministry of environmental protection of China​.Jinxi Ltd & Jinxi Special Steel​ to restrict blast furnace ironmaking production capacity by 670,800 tonnes from 15 Nov to 31 March 2018.  Full Article

China Oriental Group Co posts HY profit attributable of RMB1.87 bln
Tuesday, 22 Aug 2017 04:51am EDT 

Aug 22 (Reuters) - China Oriental Group Co Ltd <0581.HK> ::Hy profit attributable RMB1.87 billion versus RMB528.469 million a year ago.It is expected that in second half of 2017, steel prices will continue to fluctuate but overall see an upturn.HY revenue RMB20.24 billion versus RMB11.45 billion.Board proposed an interim dividend of HK$0.13 per ordinary share in respect of six months ended 30 June 2017.  Full Article

China Oriental announces termination of memorandum of understanding
Thursday, 22 Jun 2017 05:03am EDT 

June 22 (Reuters) - China Oriental Group Co Ltd <0581.HK>::Termination of memorandum of understanding in respect of possible formation of joint ventures .Company and Oriental Sheet Piling entered into a termination agreement.Company and Oriental Sheet Piling could not reach an agreement on major terms and conditions in respect of proposed cooperation.  Full Article

China Oriental Group updates regarding litigation
Monday, 29 May 2017 05:00am EDT 

May 29 (Reuters) - China Oriental Group Co Ltd <0581.HK>:voluntary Announcement Regarding Litigation.Placing, restoration of public float was conducted in best interests of company and shareholders.Any claim to contrary is without merit and groundless​.Directors will vigorously defend against any action founded on basis that directors did not act properly and in best interest of co.Refers to announcement in relation to completion of placing of shares, restoration of public float, litigation against directors of co.  Full Article

China Oriental Group says fy profit attributable rmb 722 mln
Friday, 31 Mar 2017 09:38am EDT 

China Oriental Group Co Ltd <0581.HK>- : Fy total revenue rmb26.43 billion, up 25.4 percent . Board proposed a final dividend of hk$ 0.05 per ordinary share and a special dividend of hk$ 0.10 per ordinary share .Fy profit attributable to owners of company rmb 722 million versus loss of 767 million.  Full Article

China Oriental updates on provision of financial assistance
Monday, 20 Feb 2017 04:03am EST 

China Oriental-<0581.HK> : Voluntary announcement regarding provision of financial assistance . Jinxi Limited agreed to provide second Xin Jing loan of RMB53.67 million .Jinxi Limited and Qianxi County Xin Jing entered into second Xin Jing loan agreement.  Full Article

China Oriental Group issues profit warning
Thursday, 29 Dec 2016 03:50am EST 

China Oriental Group Co Ltd <0581.HK>: Expected result is mainly attributable to substantial impairment losses on certain fixed assets of group . Group is still expected to record a net profit for year ended 31 December 2016 .Group is expected to record a substantial decrease in net profit for six months ended 31 December 2016.  Full Article

China Oriental Group says Han Li appointed CFO
Thursday, 8 Dec 2016 05:11am EST 

China Oriental Group Co Ltd <0581.HK>: Appointment Of Chief Financial Officer <0581.HK> .Han Li has been appointed as deputy general manager and chief financial officer of company.  Full Article

China Oriental Group says Jinxi entered into agreement with Xinxuan Coal
Friday, 30 Sep 2016 04:50am EDT 

China Oriental Group Co Ltd <0581.HK> : Jinxi Limited entered into Xinxuan framework agreement with Xinxuan Coal for a term of three years .Deal for a term of three years commencing on 30 september 2016 and expiring on 31 december 2018.  Full Article

Fitch Upgrades West China Cement to 'BB-', Outlook Stable

(The following statement was released by the rating agency) SHANGHAI/HONG KONG/SINGAPORE, August 22 (Fitch) Fitch Ratings has upgraded West China Cement Limited's (WCC) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BB-' from 'B+'. The Outlook on the IDR is Stable. A full list of rating actions is at the end of this release. The upgrade is driven by significant improvement in WCC's financial profile, as evident in a substantial decrease in net leverage and return to positi