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CSSC Offshore & Marine Engineering Group Co Ltd (0317.HK)

0317.HK on Hong Kong Stock

5.83HKD
22 Jan 2020
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Latest Key Developments (Source: Significant Developments)

Cssc Offshore & Marine Engineering Group Co Says Gs Shipping To Pay Gsi RMB 1,427 MLN As Fees For Liaising
Monday, 18 Nov 2019 

Nov 18 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::GS SHIPPING TO PAY GSI RMB1,427 MILLION AS FEES FOR LIAISING UNDER LAND RESUMPTION COMPENSATION AGREEMENT.  Full Article

Cssc Offshore & Marine Engineering's 9-Mth Net Loss Narrows
Wednesday, 30 Oct 2019 

Oct 30 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::SAYS 9-MONTH NET LOSS NARROWS TO 76.6 MILLION YUAN ($10.86 million) FROM 687.2 MILLION YUAN YEAR EARLIER.  Full Article

CSSC Offshore & Marine Engineering Returns To Net Profit In H1
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Cssc Offshore & Marine Engineering Group Co Ltd <600685.SS>0317.HK::SAYS IT RETURNS TO NET PROFIT OF 390.8 MILLION YUAN ($55.10 million) IN H1 VERSUS NET LOSS OF 361.9 MILLION YUAN YEAR EARLIER.  Full Article

Cssc Offshore & Marine Engineering Gets Letter Of Undertaking From Controlling Shareholder
Wednesday, 14 Aug 2019 

Aug 14 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::RECEIVED A LETTER OF UNDERTAKING FROM ITS CONTROLLING SHAREHOLDER, CHINA STATE SHIPBUILDING CORPORATION.CSSC ALSO UNDERTAKEN THAT IT WILL COMMENCE ASSETS SWAP IN 6 MTHS UPON COMPLETION OF MARINE POWER PLATFORM.UNDER UNDERTAKINGS, CSSC WOULD COMMENCE ESTABLISHMENT OF MARINE POWER PLATFORM.COMPANY'S A SHARES WILL RESUME TRADING ON OPENING SESSION ON 15 AUGUST 2019.  Full Article

CSSC Offshore & Marine Engineering Group Posts QTRLY Operating Income RMB 2.50 BLN
Friday, 26 Apr 2019 

April 26 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::QTRLY OPERATING INCOME RMB2.50 BILLION VERSUS RMB3.08 BILLION.QTRLY NET LOSS ATTRIBUTABLE RMB 208.7 MILLION VERSUS LOSS OF RMB 33.5 MILLION.  Full Article

CSSC Offshore & Marine Engineering Revises Assets Acquisition Plan, Share Trade To Resume
Thursday, 4 Apr 2019 

April 4 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>0317.HK::SAYS IT REVISES PLAN, TO BUY CONTROLLING SHAREHOLDER CHINA STATE SHIPBUILDING CORP'S ASSETS VIA ASSETS SWAP.SAYS SHARE TRADE TO RESUME ON APRIL 8.  Full Article

CSSC Offshore & Marine Engineering Proposes Swap Of Disposal Assets With CSSC's Acquisition Assets
Thursday, 4 Apr 2019 

April 4 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::CO PROPOSES TO SWAP DISPOSAL ASSETS HELD BY CO WITH ACQUISITION ASSETS HELD BY CSSC.CSSC HOLDINGS PROPOSED TO ACQUIRE REMAINING STAKE IN HUANGPU WENCHONG AND GSI HELD BY CO FOLLOWING ASSETS SWAP.TOTAL ESTIMATED VALUE OF ACQUISITION ASSETS IS ABOUT RMB11.124 BILLION.PROPOSED TO SWAP DISPOSAL ASSETS WITH ACQUISITION ASSETS AS TO ASSETS OF SAME APPRAISAL VALUE.ESTIMATED VALUE OF 100% EQUITY INTERESTS IN HUANGPU WENCHONG IS ABOUT RMB7.825 BILLION.ESTIMATED VALUE OF 100 PERCENT EQUITY INTERESTS IN GSI IS ABOUT RMB10.437 BILLION.  Full Article

Cssc Offshore & Marine Engineering's Share Trade To Halt From Mar 29 Pending Announcement
Thursday, 28 Mar 2019 

March 28 (Reuters) - Cssc Offshore & Marine Engineering Group <600685.SS>0317.HK::SAYS TRADING IN SHARES TO HALT FROM MAR 29 PENDING ANNOUNCEMENT RELATED TO ASSET RESTRUCTURING.  Full Article

CSSC Offshore & Marine Engineering Group's 2018 Net Loss Widens To 1.9 Billion Yuan
Friday, 22 Mar 2019 

March 22 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>0317.HK::SAYS 2018 NET LOSS WIDENS TO 1.9 BILLION YUAN ($283.09 million) FROM 50.5 MILLION YUAN YEAR EARLIER.  Full Article

Cssc Offshore & Marine Engineering Group Announces Provision For Assets Impairment
Friday, 22 Mar 2019 

March 22 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::ANNOUNCES PROVISION FOR ASSETS IMPAIRMENT.MADE PROVISION OF RMB277.7 MILLION FOR ASSET IMPAIRMENT BASED ON TESTING RESULTS.PROVISION FOR ASSETS IMPAIRMENT WILL REDUCE TOTAL PROFIT OF CO FOR 2018 BY RMB 603.2 MILLION.PROVISION FOR IMPAIRMENT ON CONTRACT PERFORMANCE COST IN RESPECT OF SHIPS UNDER CONSTRUCTION RMB 302.8 MILLION.  Full Article