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Angel Yeast Co Ltd (600298.SS)

600298.SS on Shanghai Stock Exchange

33.43CNY
18 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Angel Yeast unit to expand organic fertilizer production line project with investment of 53.6 mln yuan
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Angel Yeast Co Ltd <600298.SS> ::Says it plans to expand organic fertilizer production line project with investment of 53.6 million yuan for Yunan-based subsidiary .  Full Article

Angel Yeast's 9-month net profit up 59.8 pct y/y
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Angel Yeast Co Ltd <600298.SS>:Says 9-month net profit up 59.8 percent y/y at 611.5 million yuan ($92.23 million).  Full Article

Angel Yeast sees 9-month net profit up 50-70 pct y/y
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Angel Yeast Co Ltd <600298.SS>:Says it expects 9-month net profit to rise 50-70 percent y/y to about 574.2-650.7 million yuan ($87.22-$98.84 million).  Full Article

Angel Yeast issues debentures worth 600 mln yuan
Tuesday, 19 Jul 2016 

Angel Yeast Co Ltd <600298.SS>:Says it issued 2016 first tranche super short-term debentures worth 600 million yuan with a term of 270 days and coupon rate of 2.8 percent.  Full Article

Angel Yeast sees H1 net profit up 70-90 pct
Monday, 4 Jul 2016 

Angel Yeast Co Ltd <600298.SS> :Says it expects h1 net profit to rise 70-90 percent y/y to 238.3-266.4 million yuan ($35.76-$39.98 million).  Full Article

Angel Yeast to pay 2015 dividend on May 6
Friday, 29 Apr 2016 

Angel Yeast Co Ltd:To use undistributed profits to pay a cash dividend of 3 yuan (pre-tax) per 10 shares to shareholders for 2015.To use additional paid-in capital to distribute 15 new shares for every 10 shares.Payment on May 6.  Full Article

Angel Yeast issues 2016 Q1 net profit outlook
Wednesday, 6 Apr 2016 

Angel Yeast Co Ltd:Sees net profit for 2016 Q1 to increase by 100 percent to 150 percent, or to be 98,369,700 yuan to 122,962,200 yuan.Says the net profit of 2015 Q1 was 49,184,800 yuan.Comments that revenue increase and costs decrease are the main reasons for the forecast.  Full Article

Angel Yeast announces changes of accounting estimation
Friday, 11 Mar 2016 

Angel Yeast Co Ltd:Says change the accounting estimation for bad debt provisions over account receivables to aging analysis method.  Full Article

Angel Yeast unit to reduce stake in sugar company
Friday, 11 Mar 2016 

Angel Yeast Co Ltd:Says company's wholly-owned unit's stake in a Xinjiang-based sugar company to be decreased by 15 percent, from 50 percent, due to the other shareholder's capital injection.Says the unit will hold 35 percent stake in target company.  Full Article

Angel Yeast says 2015 dividend payment as 0.3 yuan per share
Friday, 11 Mar 2016 

Angel Yeast Co Ltd:To use undistributed profits to pay a cash dividend of 3 yuan (pre-tax) per 10 shares to shareholders for 2015.To use additional paid-in capital to distribute 15 new shares for every 10 shares.  Full Article

BRIEF-Angel Yeast unit to expand organic fertilizer production line project with investment of 53.6 mln yuan

* Says it plans to expand organic fertilizer production line project with investment of 53.6 million yuan for Yunan-based subsidiary