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Ningbo Fuda Co Ltd (600724.SS)

600724.SS on Shanghai Stock Exchange

3.34CNY
14 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Ningbo Fuda Expects To Swing To Net Loss In 2017
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Ningbo Fuda Co Ltd <600724.SS>::SAYS IT EXPECTS TO SWING TO NET LOSS OF ABOUT 839.0 MILLION YUAN ($130.62 million) IN 2017 VERSUS NET PROFIT OF 127.4 MILLION YUAN YEAR AGO.  Full Article

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

BRIEF-Ningbo Fuda Expects To Swing To Net Loss In 2017

* SAYS IT EXPECTS TO SWING TO NET LOSS OF ABOUT 839.0 MILLION YUAN ($130.62 million) IN 2017 VERSUS NET PROFIT OF 127.4 MILLION YUAN YEAR AGO Source text in Chinese: http://bit.ly/2FLJ2j0 Further company coverage: ($1 = 6.4232 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)