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China Oriental Group Co Ltd (0581.HK)

0581.HK on Hong Kong Stock

4.98HKD
18 Apr 2019
Change (% chg)

HK$0.07 (+1.43%)
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Latest Key Developments (Source: Significant Developments)

China Oriental Expects To Invest About RMB3 Bln In Construction Of New Production Facilities
Thursday, 28 Mar 2019 

March 28 (Reuters) - China Oriental Group Co Ltd <0581.HK>::PROPOSAL FOR EQUIPMENT UPSIZING BY HEBEI JINXI IRON & STEEL GROUP ACCEPTED BY INDUSTRY & INFORMATION TECHNOLOGY DPT OF HEBEI PROVINCE.EXPECTS TO INVEST ABOUT RMB 3 BILLION IN CONSTRUCTION OF NEW FACILITIES.NEW FACILITIES EXPECTED TO HAVE IRONMAKING AND STEELMAKING CAPACITY OF ABOUT 3.4 MILLION AND 3.2 MILLION TONNES RESPECTIVELY.  Full Article

China Oriental Group Co Posts FY Profit Attributable Of Rmb4,782 Mln
Thursday, 28 Mar 2019 

March 28 (Reuters) - China Oriental Group Co Ltd <0581.HK>::FY PROFIT ATTRIBUTABLE RMB4,782 MILLION VERSUS RMB4,839 MILLION.BOARD PROPOSED A FINAL DIVIDEND OF HK$0.11 PER ORDINARY SHARE AND A SPECIAL DIVIDEND OF HK$ 0.07 PER SHARE FOR YEAR.FY REVENUE RMB40.78 BLN VS RMB41.35 BLN .  Full Article

China Oriental Says FY Profit Attributable RMB4,839 Mln
Wednesday, 28 Mar 2018 

March 28 (Reuters) - China Oriental Group Co Ltd <0581.HK>::FY PROFIT ATTRIBUTABLE RMB 4,839 MILLION VERSUS RMB 722 MILLION.FY REVENUE RMB41.35 BILLION VERSUS RMB26.43 BILLION.PROPOSES FINAL DIVIDEND OF HK$0.22 PER ORDINARY SHARE & SPECIAL DIVIDEND OF HK$ 0.11 PER ORDINARY SHARE.  Full Article

China Oriental Group posts qtrly operating profit after net finance costs of about RMB2.3 bln
Monday, 6 Nov 2017 

Nov 6 (Reuters) - China Oriental Group Co Ltd <0581.HK>:Qtrly‍ sales volume of self-manufactured steel products about 2.9 million​ tonnes.‍Qtrly operating profit after net finance costs about rmb2.3 billion​.  Full Article

China Oriental Group updates on production restriction
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - China Oriental Group Co Ltd <0581.HK> ::Refers to ‍air pollution prevention and control action plan issued by ministry of environmental protection of China​.Jinxi Ltd & Jinxi Special Steel​ to restrict blast furnace ironmaking production capacity by 670,800 tonnes from 15 Nov to 31 March 2018.  Full Article

China Oriental Group Co posts HY profit attributable of RMB1.87 bln
Tuesday, 22 Aug 2017 

Aug 22 (Reuters) - China Oriental Group Co Ltd <0581.HK> ::Hy profit attributable RMB1.87 billion versus RMB528.469 million a year ago.It is expected that in second half of 2017, steel prices will continue to fluctuate but overall see an upturn.HY revenue RMB20.24 billion versus RMB11.45 billion.Board proposed an interim dividend of HK$0.13 per ordinary share in respect of six months ended 30 June 2017.  Full Article

China Oriental announces termination of memorandum of understanding
Thursday, 22 Jun 2017 

June 22 (Reuters) - China Oriental Group Co Ltd <0581.HK>::Termination of memorandum of understanding in respect of possible formation of joint ventures .Company and Oriental Sheet Piling entered into a termination agreement.Company and Oriental Sheet Piling could not reach an agreement on major terms and conditions in respect of proposed cooperation.  Full Article

China Oriental Group updates regarding litigation
Monday, 29 May 2017 

May 29 (Reuters) - China Oriental Group Co Ltd <0581.HK>:voluntary Announcement Regarding Litigation.Placing, restoration of public float was conducted in best interests of company and shareholders.Any claim to contrary is without merit and groundless​.Directors will vigorously defend against any action founded on basis that directors did not act properly and in best interest of co.Refers to announcement in relation to completion of placing of shares, restoration of public float, litigation against directors of co.  Full Article