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First Tractor Co Ltd (0038.HK)

0038.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

First Tractor Says YTO Group Gets No-Objection Letter From Shanghai Stock Exchange
Wednesday, 4 Jul 2018 

July 4 (Reuters) - First Tractor Co Ltd <601038.SS>::YTO GROUP CORP GETS NO-OBJECTION LETTER FROM SHANGHAI STOCK EXCHANGE FOR NON-PUBLIC ISSUANCE OF EXCHANGEABLE CORPORATE BONDS.  Full Article

First Tractor Co Says Q1 Net Profit Attributable To Shareholders RMB48 Million, Down 25.12 Pct
Wednesday, 25 Apr 2018 

April 25 (Reuters) - First Tractor Co Ltd <601038.SS>::Q1 NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS RMB48 MILLION, DOWN 25.12 PERCENT.QTRLY TOTAL OPERATING REVENUE RMB2.36 BILLION, DOWN 12.31 PERCENT.  Full Article

First Tractor Co Says FY Net Profit Attributable RMB56.5 Mln
Thursday, 29 Mar 2018 

March 29 (Reuters) - First Tractor Co Ltd <601038.SS>::FY TOTAL OPERATING REVENUE RMB7.36 BILLION VERSUS RMB8.87 BILLION.FY NET PROFIT ATTRIBUTABLE RMB56.5 MILLION VERSUS RMB223.4 MLN‍​.  Full Article

First Tractor Co ‍Announces Unusual Movement In Trading Of A Shares Of Company​
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - First Tractor Co Ltd <601038.SS>::‍ANNOUNCEMENT IN RESPECT OF UNUSUAL MOVEMENT IN TRADING OF A SHARES OF COMPANY​.‍BOARD CONFIRMS THAT CO HAS NO SIGNIFICANT EVENT OR RELEVANT PLANNING & INTENTION OF SUCH SIGNIFICANT EVENT WHICH SHOULD BE DISCLOSED​.YTO GROUP CORP PROPOSED TO USE PART OF A SHARES OF CO HELD BY IT AS UNDERLYING SHARES TO ISSUE EXCHANGEABLE BONDS.  Full Article

First Tractor's 9-month net profit down 70.85 pct y/y
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - First Tractor Co Ltd <601038.SS>0038.HK:Says 9-month net profit down 70.85 percent y/y.  Full Article

First Tractor Co to buy YTO Belarus Technology Co for RMB 5.3 MLN
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - First Tractor Co Ltd <601038.SS>:Co & ‍YTO entered deal for Co to buy YTO Belarus Technology CO for RMB5.3 million.‍Upon completion of equity transfer agreement, company intends to inject US$7 million to target company​.  Full Article

First Tractor Co & China Automotive signs contracting agreement
Monday, 10 Jul 2017 

July 10 (Reuters) - First Tractor Co Ltd <601038.SS>:Company and China Automotive entered into second general contracting agreement.Consideration under second general contracting agreement offered by china automotive is RMB71.5 million.China Automotive agreed to act as general contractor for painting line project.  Full Article

First Tractor HY net profit RMB158.3 million<0038.HK><601038.SS>
Thursday, 25 Aug 2016 

First Tractor Co Ltd <601038.SS>: Announcement of interim results for the six months ended 30 June 2016 <0038.HK> . HY net profit RMB 158.3 million versus RMB 148.6 million a year ago . HY operating revenue RMB5.041 billion versus RMB5.55 billion . Tractor market is expected to remain sluggish in the second half of 2016 .  Full Article

First Tractor received capital reduction agreement<0038.HK><601038.SS>
Monday, 22 Aug 2016 

First Tractor Co Ltd <601038.SS>: Disposal of shares by controlling shareholder <0038.HK> . Company received capital reduction agreement entered into between YTO, Sinomach, Luoyang State Capital, China Huarong, Ccb Henan Branch and COAMC . Total consideration payable by YTO for the capital reduction will be RMB451.1 million . Co also received share transfer agreement entered into between YTO, China Huarong, Ccb Henan Branch and COAMC .  Full Article