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India

Taiyuan Heavy Industry Co Ltd (600169.SS)

600169.SS on Shanghai Stock Exchange

2.15CNY
11 Aug 2020
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Latest Key Developments (Source: Significant Developments)

Taiyuan Heavy Industry Expects To Swing To Net Loss In 2019
Tuesday, 21 Jan 2020 

Jan 21 (Reuters) - Taiyuan Heavy Industry Co Ltd <600169.SS>::SAYS IT EXPECTS TO SWING TO NET LOSS OF 750 MILLION YUAN ($108.59 million) IN 2019 VERSUS NET PROFIT OF 37.9 MILLION YUAN YEAR EARLIER.  Full Article

Taiyuan Heavy Industry's Impairment Loss In 2019 Expected to Rise By About 480 Mln Yuan
Thursday, 16 Jan 2020 

Jan 16 (Reuters) - Taiyuan Heavy Industry Co Ltd <600169.SS>::SAYS ITS IMPAIRMENT LOSS IN 2019 IS EXPECTED TO RISE BY ABOUT 480 MILLION YUAN ($69.77 million) AFTER EXPECTED INCOME FROM UNIT'S DRILLING PLATFORM CONTRACT WITH MEXICO'S PMM NOT ABLE TO COVER THE COSTS.SAYS THE EXECUTION OF THE CONTRACT IS EXPECTED TO CAUSE A LOSS IN CO'S 2019 FINANCIAL RESULTS.  Full Article