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Ningbo Fuda Co Ltd (600724.SS)

600724.SS on Shanghai Stock Exchange

15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Guilin Fuda and unit obtain high-tech enterprises recognition again and to enjoy tax preference
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Guilin Fuda Co Ltd <603166.SS>:Says it and wholly owned bent axle unit were recognized as high-tech enterprises again and could enjoy a tax preference of 15 percent, from 2017 to 2019 .  Full Article

Guilin Fuda Co Ltd unit signs contract worth 50 mln yuan
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Guilin Fuda Co Ltd <603166.SS> ::Says its wholly owned subsidiary signed 50 million yuan contract to provide epipodium products .  Full Article

Guilin Fuda sees H1 FY 2017 net profit up 100 pct to 120 pct
Wednesday, 19 Jul 2017 

July 19(Reuters) - Guilin Fuda Co Ltd <603166.SS> ::* Sees H1 FY 2017 net profit to increase by 100 percent to 120 percent.* Says H1 FY 2016 net profit was 38.0 million yuan.* The reasons for the forecast are improved main business and increased investment return .  Full Article

Building materials provider Ningbo Fuda returns to net profit in Jan-Sept
Friday, 28 Oct 2016 

Ningbo Fuda Co Ltd <600724.SS> :Says it returns to net profit of 440.0 million yuan ($64.90 million) in Jan-Sept versus net loss of 866.7 million yuan year ago.  Full Article

Ningbo Fuda's contract sales, net profit surge in H1
Monday, 22 Aug 2016 

Ningbo Fuda Co Ltd <600724.SS> : Says contract sales at 362 million yuan ($54.41 million) in H1, up 436.9 percent y/y .Says H1 net profit up 719.3 percent y/y at 373.2 million yuan.  Full Article

Ningbo Fuda issues corporate bonds worth 750 mln yuan
Friday, 19 Aug 2016 

Ningbo Fuda Co Ltd <600724.SS>: Says it issued 2016 first tranche corporate bonds worth 750 million yuan .Says bonds with a term of five years and coupon rate of 3.85 percent.  Full Article

Ningbo Fuda to take out loan from shareholder
Tuesday, 29 Mar 2016 

Ningbo Fuda Co Ltd:To apply to its controlling shareholder, Ningbo Urban Construction Investment Holding Co., Ltd for an entrusted loan of up to 6 billion yuan.Loan is with a term of 12 months.  Full Article

Ningbo Fuda announces no dividend payment for 2015
Tuesday, 29 Mar 2016 

Ningbo Fuda Co Ltd:Says no dividend payment for 2015.  Full Article

Ningbo Fuda appoints Gan Zhangqiang as CFO
Tuesday, 29 Mar 2016 

Ningbo Fuda Co Ltd:Says it appoints Gan Zhangqiang as CFO of the company, to replace Zhou Guohua, who has resigned from the position.  Full Article

Ningbo Fuda gives 2015 net profit outlook
Monday, 25 Jan 2016 

Ningbo Fuda Co Ltd:Sees net profit for 2015 to be about -1,180 mln yuan.In the previous outlook, the company expected the net profit for 2015 to be -750 mln yuan -850 mln yuan.The net profit of 2014 was 111,847,900 yuan.Comments that increased operating income and subsidies as the main reasons for the forecast.  Full Article

BRIEF-Ningbo Fuda says change of accounting policy

* Says it changes accounting policy regarding government subsidy