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India

Shanghai Prime Machinery Co Ltd (2345.HK)

2345.HK on Hong Kong Stock

0.57HKD
11:29am IST
Change (% chg)

HK$0.00 (+0.00%)
Prev Close
HK$0.57
Open
HK$0.55
Day's High
HK$0.57
Day's Low
HK$0.55
Volume
394,000
Avg. Vol
1,150,975
52-wk High
HK$1.02
52-wk Low
HK$0.51

Latest Key Developments (Source: Significant Developments)

Shanghai Prime Machinery CEO Resigns
Friday, 27 Mar 2020 

March 27 (Reuters) - Shanghai Prime Machinery Co Ltd <2345.HK>::DR.-ING GOU JIANHUI TENDERED HIS RESIGNATION AS CHIEF EXECUTIVE OFFICER.ZHOU ZHIYAN HAS BEEN APPOINTED AS PRESIDENT.RESOLVED TO NOMINATE XIA SICHENG FOR ELECTION AS AN EXECUTIVE DIRECTOR.  Full Article

Shanghai Prime Machinery Sees FY Consolidated Net Profit Of Not Less Than Rmb120 MLN
Friday, 7 Feb 2020 

Feb 7 (Reuters) - Shanghai Prime Machinery Co Ltd <2345.HK>::EXPECTED TO RECORD A CONSOLIDATED NET PROFIT OF NOT LESS THAN RMB120 MILLION FOR TWELVE MONTHS.EXPECTED RESULT DUE TO PROFESSIONAL EXPENSES IN RELATION TO POTENTIAL ACQUISITION TRANSACTION WHICH WAS NOT PROCEEDED.  Full Article

Shanghai Prime Machinery Intends To Close Down Production Plant In Berlin, Germany
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Shanghai Prime Machinery Co Ltd <2345.HK>::INTENDS TO CLOSE DOWN A PRODUCTION PLANT LOCATED IN BERLIN, GERMANY.EXPECTS TO INCUR ONE-OFF RESTRUCTURING COSTS OF APPROXIMATELY EUR6.2 MILLION.EXPECTS TO INCUR EUR4.0 MILLION COST OF STAFF REDUCTION COMPENSATION.CURRENTLY EXPECTS THAT PROPOSED RESTRUCTURING WILL NOT HAVE ANY MATERIAL ADVERSE IMPACT ON BUSINESS OF GROUP.PRODUCTION PLANTS UNDER EUROPEAN OPERATIONS OF GROUP HAVE ENOUGH FREE CAPACITY TO ABSORB PRODUCTION VOLUME OF BERLIN PLANT.EXPECTS GROUP WOULD BENEFIT FROM RECURRENT SAVING FROM CLOSEDOWN, ON AN ANNUAL BASIS, OF ABOUT EUR2.9 MILLION.GROUP EXPECTS TO INITIATE PROPOSED RESTRUCTURING IN NOV 2019 WITH AIM TO COMPLETE PROPOSED STRUCTURING IN Q3 OF 2020.  Full Article

Shanghai Prime Machinery Posts H1 Profit Attributable Of RMB115 Million
Friday, 16 Aug 2019 

Aug 16 (Reuters) - Shanghai Prime Machinery Co Ltd <2345.HK>::PROFIT ATTRIBUTABLE FOR 1H2019 WAS RMB115 MILLION, DOWN 38.4%.GROUP'S REVENUE FOR 1H2019 DECREASED BY 4.9% TO RMB4,485 MILLION.  Full Article

Shanghai Prime Machinery Co Sees HY Consol Net Profit In Range Of RMB108 MLN To RMB115 MLN
Friday, 12 Jul 2019 

July 12 (Reuters) - Shanghai Prime Machinery Co Ltd <2345.HK>::EXPECTED TO RECORD A CONSOLIDATED NET PROFIT IN RANGE OF RMB108 MILLION TO RMB115 MILLION FOR SIX MONTHS.EXPECTED DECREASE IN NET PROFIT IS MAINLY ATTRIBUTABLE TO REDUCTION IN SHARE OF PROFITS OF ASSOCIATES.  Full Article

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