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China High Speed Transmission Equipment Group Co Ltd (0658.HK)

0658.HK on Hong Kong Stock

5.98HKD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

China High Speed Transmission Equipment Group Expects To Record A Decrease In FY ‍Profit Attributable​
Monday, 12 Mar 2018 

March 12 (Reuters) - China High Speed Transmission Equipment Group Co Ltd <0658.HK>::CHINA HIGH SPEED TRANSMISSION EQUIPMENT GROUP CO - ‍PROFIT ATTRIBUTABLE FOR FY2017 IS EXPECTED TO RECORD A DECREASE OF ABOUT60%​.EXPECTED RESULT DUE TO ‍IMPAIRMENT LOSSES ON PROPERTY, PLANT AND EQUIPMENT, INVENTORIES.  Full Article

China High Speed Transmission Equipment announces disposal of equity interest in a unit
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - China High Speed Transmission Equipment Group Co Ltd <0658.HK>:Nanjing High Accurate entered into share transfer agreement with Fullshare Dazu Technology and Jiangsu Lipu.Nanjing High Accurate agreed to transfer 40% & 30% equity interest in target co to Fullshare Dazu Technology & Jiangsu Lipu.As result of transfer, it is expected that there will be a pre-tax gain of about RMB56 million.Nanjing High Accurate agreed to transfer 40% and 30% equity interest for rmb101.4 million and rmb76 million respectively.  Full Article

China High Speed Transmission Equipment executes agreement with Bank of Communications
Tuesday, 26 Sep 2017 

Sept 26 (Reuters) - China High Speed Transmission Equipment Group Co Ltd <0658.HK>:Execution of comprehensive strategic cooperation agreement with bank of communications.Bank Of Communications agreed to provide general intentional credit lines in amount of RMB5 billion.  Full Article

China High Speed Transmission Equipment says HY revenue from continuing operations RMB3.81 billion
Thursday, 31 Aug 2017 

Aug 31 (Reuters) - China High Speed Transmission Equipment Group Co Ltd <0658.HK>::HY revenue from continuing operations RMB3.81 billion versus RMB4.38 billion.HY profit for period attributable to owners of co RMB586.7 million, up 1.9%.  Full Article