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Dongfang Electric Corp Ltd (600875.SS)

600875.SS on Shanghai Stock Exchange

10.69CNY
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Dongfang Electric gets approval for transfer of 95 pct equity interest in DEC Finance to co
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Dongfang Electric Corp Ltd <600875.SS>::China Banking Regulatory Commission Sichuan Office approved transfer of 95% equity interest in DEC Finance from DEC to co.  Full Article

Dongfang Electric returns to net profit of 431.1 mln yuan in Jan-Sept
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Dongfang Electric Corp Ltd <600875.SS>:Says it returns to net profit of 431.1 million yuan ($64.83 million) in Jan-Sept versus net loss of 1.1 billion yuan year ago.  Full Article

Dongfang Electric's company president resigns due to change in job role
Monday, 12 Dec 2016 

Dongfang Electric Corp Ltd <600875.SS> :Says company's president Wen Shugang resigns due to change in job role.  Full Article

Dongfang Electric Corp updates on trading resumption
Friday, 9 Dec 2016 

Dongfang Electric Corp Ltd <600875.SS>: Received a notice from Dongfang Electric Corporation . DEC is contemplating material matters which may involve company's issuance of its a shares for acquisition of assets of DEC .co has made an application for resumption of trading of h shares of company with effect from 9:00 a.m. on dec. 12.  Full Article

Dongfang Electric Corp posts HY net loss of RMB342 mln<1072.HK><600875.SS>
Friday, 26 Aug 2016 

Dongfang Electric Corp Ltd <600875.SS>: Preliminary announcement of 2016 interim results <1072.HK> . HY total revenue from operations RMB18.219 billion versus RMB18.20 billion year ago . Net loss attributable to shareholders in the first half of 2016 amounted to RMB342 million, decrease of RMB510 million . Board does not recommend the payment of interim dividends for 2016 . In the second half of the year, the domestic economy is still facing pressure of downward trend . Market condition will become more challenging with fierce competition .  Full Article

Dongfang Electric expects to post 340 mln yuan net loss in 2016 H1
Thursday, 4 Aug 2016 

Dongfang Electric Corporation Limited <600875.SS>: Says it expects 2016 H1 net loss of 340 million yuan . Says 2015 H1 net income was 168 million yuan .Says sluggish market demand and increased debt provision are the main reasons for the forecast.  Full Article

Dongfang Electric Corp issues profit warning<600875.SS>
Wednesday, 3 Aug 2016 

Dongfang Electric Corp Ltd <600875.SS>: Announcement - profit warning <1072.HK> . The group is expected to record an HY loss of net profit attributable to the shareholders of the listed company . Expected to record a loss of approximately RMB340 million of net profit attributable to the shareholders of the listed company for HY 2016 . Estimated decrease in results for the reporting period is due to the decrease in demand for power generation equipment in market .  Full Article

Dongfang Electric expects to swing to net loss in H1
Wednesday, 3 Aug 2016 

Dongfang Electric Corp Ltd <600875.SS> :Says its expects to swing to net loss of about 340 million yuan ($51.29 million) in H1 versus net profit of 168 million yuan year ago.  Full Article

Dongfang Electric to pay 2015 dividend on July 22
Friday, 15 Jul 2016 

Dongfang Electric Corporation Limited <600875.SS>: Says it will pay cash dividend of 0.06 yuan per share (before tax) for 2015 to shareholders of A shares of record on July 21 .Says the company's shares will be traded ex-right and ex-dividend on July 22 and the dividend will be paid on July 22.  Full Article

Dongfang Electric Corp says Si Zefu has tendered his resignation as chairman<600875.SS>
Wednesday, 25 May 2016 

Dongfang Electric Corp Ltd <600875.SS>: Resignation of the chairman of the board <1072.HK> . Si zefu has tendered his resignation as the chairman of the board . Zhang xiaolun, a director of the company, shall assume the duties of chairman temporarily until a new chairman has been elected .  Full Article