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CSSC Offshore & Marine Engineering Group Co Ltd (600685.SS)

600685.SS on Shanghai Stock Exchange

16.56CNY
19 Jul 2019
Change (% chg)

¥-0.11 (-0.66%)
Prev Close
¥16.67
Open
¥16.69
Day's High
¥16.88
Day's Low
¥16.52
Volume
6,637,761
Avg. Vol
14,671,823
52-wk High
¥21.51
52-wk Low
¥8.88

Latest Key Developments (Source: Significant Developments)

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

CSSC Offshore & Marine Engineering Group Expects Net Loss Attributable For 2018
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::EXPECTED THAT CO WILL RECORD A NET LOSS ATTRIBUTABLE FOR 2018 RANGING FROM RMB1.65 BILLION TO RMB1.97 BILLION.EXPECTED RESULT DUE TO DECREASE IN REVENUE REALIZED DURING REPORTING PERIOD, INCREASE IN COST OF SHIP PRODUCT.  Full Article

CSSC Offshore & Marine Engineering Posts Q1 Net Profit Attributable Of RMB24.2 Mln
Friday, 27 Apr 2018 

April 27 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::Q1 OPERATING INCOME RMB2.96 BILLION , DOWN 27.43 PERCENT.Q1 NET PROFIT ATTRIBUTABLE RMB24.2 MILLION VERSUS RMB18.4 MILLION.  Full Article

CSSC Offshore & Marine Engineering Group says no dividend payment for 2017
Monday, 2 Apr 2018 

April 2(Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>:Says no dividend payment for 2017.  Full Article

Cssc Offshore & Marine Enginenering Clarifies Reports Related To Controlling Shareholder
Friday, 30 Mar 2018 

March 30 (Reuters) - Cssc Offshore & Marine Enginenering Group Co Ltd <600685.SS>::SAYS CONTROLLING SHAREHOLDER CHINA STATE SHIPBUILDING CORP HAS NOT RECEIVED ANY NOTICE REGARDING GOVERNMENT'S APPROVAL TO MERGE WITH CHINA SHIPBUILDING INDUSTRY CORP - CLARIFYING MEDIA REPORTS.  Full Article