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Shanghai Sanmao Enterprise Group Co Ltd (600689.SS)

600689.SS on Shanghai Stock Exchange

14 Feb 2018
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¥-0.01 (-0.12%)
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Tue, Jan 30 2018

BRIEF-Shanghai Sanmao Enterprise Group sees 2017 net profit down about 79 pct

* Sees 2017 net profit to decrease by about 79 percent, or to be about 19.4 million yuan

BRIEF-Shanghai Sanmao Enterprise Group to dissolve JV and to acquire stake in international travel agency firm

* Says co plans to dissolve and liquidate a Shanghai-based investment management JV

BRIEF-Shanghai Sanmao Enterprise Group lowers listing price of 100 pct stake in textile unit

* Says it lowers listing price of 100 percent stake in Chongqing-based textile unit to 31.5 million yuan from 35 million yuan previously

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