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Xiangtan Electric Manufacturing Co Ltd (600416.SS)

600416.SS on Shanghai Stock Exchange

23 May 2018
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¥-0.17 (-1.82%)
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Latest Key Developments (Source: Significant Developments)

Xiangtan Electric Manufacturing completes private placement of new shares for 2.5 bln yuan
Thursday, 22 Sep 2016 

Xiangtan Electric Manufacturing <600416.SS>: Says it completed private placement of 202.4 million new shares at 12.35 yuan per share .Says it raised 2.5 billion yuan in total.  Full Article

Xiangtan Electric Manufacturing expects to post 68-78 mln yuan net profit in H1
Wednesday, 27 Jul 2016 

Xiangtan Electric Manufacturing Co., Ltd. <600416.SS>: Says it expects 2016 H1 net profit of 68-78 million yuan, to be out of the red compared with 2015 H1 . Says 2015 H1 net loss of 65.8 million yuan .Says cost control and subsidy received are the main reasons for the forecast.  Full Article

China stocks end higher after reserve ratio cut buoys banks

* Gains in Shanghai stocks led by Keda Group Co Ltd and losses by Harbin Air Conditioning Co Ltd