Edition:
United Kingdom

Nexteer Automotive Group Ltd (1316.HK)

1316.HK on Hong Kong Stock

12.04HKD
23 Apr 2018
Change (% chg)

HK$0.08 (+0.67%)
Prev Close
HK$11.96
Open
HK$11.86
Day's High
HK$12.34
Day's Low
HK$11.86
Volume
4,712,319
Avg. Vol
7,130,338
52-wk High
HK$20.40
52-wk Low
HK$11.08

Latest Key Developments (Source: Significant Developments)

Nexteer Automotive Group Posts FY Profit Attributable To Equity Holders $‍351.8​ Million
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Nexteer Automotive Group Ltd <1316.HK>::FY PROFIT ATTRIBUTABLE TO EQUITY HOLDERS $‍351.8​ MILLION VERSUS $294.7 MILLION.‍FY REVENUE UP 0.9% TO US$3,878.0 MILLION​.‍ BOARD RECOMMENDS PAYMENT OF A FINAL DIVIDEND OF OR US$0.028 PER SHARE​.  Full Article

Wabco expands into global active steering capabilities
Tuesday, 29 Aug 2017 

Aug 29 (Reuters) - Wabco Holdings Inc :Wabco expands into global active steering capabilities; signs long-term cooperation agreement with Nexteer Automotive, a global leader in intuitive motion control.‍Signed a long-term cooperation agreement with Nexteer Automotive​.Active steering control for commercial vehicle manufacturers access is on an exclusive basis, except in China.  Full Article

Nexteer Automotive Group posts revenue of $1.97 bln
Tuesday, 15 Aug 2017 

Aug 15 (Reuters) - Nexteer Automotive Group Ltd <1316.HK>:Revenue increased by 2.6 pct to $1,974.1 million compared with $1,923.8 million for six months ended June 30, 2016.Company's backlog of booked business was $24.0 billion as at June 30, 2017.HY profit attributable to equity holders of company increased by 20.7 percent to $179.7 million.Board does not recommend payment of any interim dividend.  Full Article

Nexteer Automotive says unit formed joint venture with Dongfeng Components
Monday, 10 Apr 2017 

Nexteer Automotive Group Ltd <1316.HK>: On 2 March 2017, Nexteer China Holding entered into JV agreement with Dongfeng Components . JV co shall have initial registered capital of RMB150 million & shall be contributed equally by Nexteer China and Dongfeng Components .JV company will principally engage in developing, manufacturing, assembling, and sale of electric power steering.  Full Article

Nexteer Automotive Group says FY profit attributable to equity holders up 43.5 pct to US$294.7 mln
Tuesday, 14 Mar 2017 

Nexteer Automotive Group Ltd <1316.HK> : Fy revenue increased by approximately 14.3% to us$3,842.2 million . Fy profit attributable to equity holders of company increased by approximately 43.5% to us$294.7 million .Fy dividend proposed of us$0.024 per share.  Full Article

Nexteer Automotive enters contribution agreement with Continental Automotive Systems
Tuesday, 10 Jan 2017 

Nexteer Automotive Group Ltd <1316.HK> : group had entered into a contribution agreement with Continental . Pursuant to contribution agreement, joint venture company will be owned as to 50% by each of parties .deal in connection with proposed cooperation to, among other things, form a joint venture company in USA.  Full Article

Nexteer Automotive says Laurent Robert Bresson has left his existing position as president<1316.HK>
Thursday, 1 Sep 2016 

Nexteer Automotive Group Ltd <1316.HK>: Laurent robert bresson has left his existing position as the president and global chief operating officer .  Full Article

Nexteer Automotive says HY revenue increased by about 17.1% to US$1.92 bln<1316.HK>
Wednesday, 17 Aug 2016 

Nexteer Automotive Group Ltd <1316.HK>: Interim results announcement for the six months ended June 30, 2016 <1316.HK> . HY revenue increased by approximately 17.1% to US$1.92 billion . Expect amortisation expense to continue to increase in future years with the launch of new programs that are currently under development . Says board does not recommend any interim dividend for the six months ended June 30, 2016. . HY profit attributable to equity holders of us$148.9 mln vs us$96.5 mln .  Full Article

Nexteer Automotive appoints William Quigley as CFO<1316.HK>
Monday, 6 Jun 2016 

Nexteer Automotive Group Ltd <1316.HK>: Appointment of chief financial officer <1316.HK> . Appoints William Quigley as a senior vice president and chief financial officer of the company .  Full Article