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Ningxia Building Materials Group Co Ltd (600449.SS)

600449.SS on Shanghai Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ningxia Building Materials Group units to set up cement JV and invest 39.9 mln yuan in cement grinding system project
Friday, 17 Nov 2017 03:59am EST 

Nov 17 (Reuters) - Ningxia Building Materials Group Co Ltd <600449.SS>:Says Wuhai-based cement unit will invest 9.7 million yuan to set up an Inner Mongolia-based cement JV with partners and hold 9.7 percent stake in the JV after transaction .Says Ningxia-based cement unit will invest 39.9 million yuan in cement grinding system update project .  Full Article

Ningxia Building Materials Group sees Q1 to Q3 FY 2017 net profit up 210 pct to 230 pct
Wednesday, 11 Oct 2017 07:06am EDT 

Oct 11(Reuters) - Ningxia Building Materials Group Co Ltd <600449.SS>:Sees Q1 to Q3 FY 2017 net profit to increase by 210 percent to 230 percent.Says Q1 to Q3 FY 2016 net profit was 88.5 million yuan .Says increased sales and price of cement as the main reason for the forecast .  Full Article

Ningxia Building Materials Group says change of controlling shareholder
Wednesday, 13 Sep 2017 05:34am EDT 

Sept 13 (Reuters) - Ningxia Building Materials Group Co Ltd <600449.SS> ::* Says China National Building Material Co Ltd will own 47.56 percent stake in the company, as result of merger with China National Materials Co Ltd .  Full Article

Ningxia Building Materials Group announces change in accounting policy
Monday, 21 Aug 2017 12:18am EDT 

Aug 21(Reuters) - Ningxia Building Materials Group Co Ltd <600449.SS>:Says it changes accounting policy based on accounting standards for business enterprises No. 16—government subsidies.  Full Article

Ningxia Building Materials Group to swing to profit in FY 2017 H1
Monday, 24 Jul 2017 02:16am EDT 

July 24 (Reuters) - Ningxia Building Materials Group Co Ltd <600449.SS> ::* Sees to swing to net profit at 108 million yuan to 120 million yuan in FY 2017 H1 versus net loss at 41.3 million yuan in FY 2016 H1 .* Says increased sales revenue as main reason for the forecast.  Full Article

Ningxia Building Materials Group to pay FY 2016 annual cash div as 0.4 yuan/10 shares
Thursday, 16 Mar 2017 06:21am EDT 

Ningxia Building Materials Group Co Ltd <600449.SS> :Says it will use undistributed profits to pay annual cash dividend as 0.4 yuan(pre-tax)/10 shares to shareholders for FY 2016.  Full Article

Ningxia Building Materials Group says 2015 dividend payment date
Thursday, 19 May 2016 10:23pm EDT 

Ningxia Building Materials Group Co Ltd <600449.SS>: Says it will pay a cash dividend of 0.2 yuan (pre-tax) for every 10 shares to shareholders of record on May 26 for 2015 .The company's shares will be traded ex-right and ex-dividend on May 27 and the dividend will be paid on May 27.  Full Article

Ningxia Building Materials Group to issue corporate bonds
Thursday, 28 Apr 2016 08:00pm EDT 

Ningxia Building Materials Group Co Ltd:To issue corporate bonds of up to 500 mln yuan, with term of no more than 5 years.  Full Article

Ningxia Building Materials Group announces 2015 dividend payment
Wednesday, 23 Mar 2016 08:00pm EDT 

Ningxia Building Materials Group Co Ltd:To pay cash dividend of 0.2 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

Ningxia Building Materials Group issues 2015 net profit outlook
Wednesday, 27 Jan 2016 07:00pm EST 

Ningxia Building Materials Group Co Ltd:Says net profit outlook for 2015 to decrease 85 pct to 95 pct.Says the net profit of 2014 was 271.5130 mln yuan.Says that overcapacity and lack of demand are the main reasons for the forecast.  Full Article