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Xiwang Special Steel Co Ltd (1266.HK)

1266.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Xiwang Special Steel Expects FY Profit Attributable To Shareholders To Rise Over 150 Pct​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Xiwang Special Steel Co Ltd <1266.HK>::FY ‍PROFIT ATTRIBUTABLE TO SHAREHOLDERS EXPECTED TO INCREASE BY MORE THAN 150%​.PROFIT ATTRIBUTABLE FOR YEAR ENDED 31 DECEMBER EXPECTED TO INCREASE BY MORE THAN 150%.INCREASE IN NET PROFIT DUE TO FACTORS SUCH AS, PERSISTENT RISE IN STEEL PRICE, GROWTH IN REVENUE.FY SALES VOLUME OF SELF-MANUFACTURED STEEL PRODUCTS 3.0 MILLION TONNES‍​.FY ‍CONSOLIDATED NET PROFIT ATTRIBUTABLE 840 MILLION RMB​.  Full Article

Xiwang Special Steel says it will pay a dividend from 2017 ​
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Xiwang Special Steel Co Ltd <1266.HK>:Will pay dividend from 2017 in an amount that is expected to be 30% of annual consolidated net profit attributable to owners​.  Full Article

Xiwang Special Steel sees 9-mth ‍profit attributable up over 140 pct​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Xiwang Special Steel Co Ltd <1266.HK>-:‍Profit attributable for nine months ended 30 september 2017 is expected to increase by more than 140%​.Expected result due to ‍persistent rise in steel price, growth in revenue and moderate rise in raw material price​.  Full Article