Ningbo Fuda Co Ltd (600724.SS)

600724.SS on Shanghai Stock Exchange

26 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Ningbo Fuda Swings Back To Black In 2018 With Net Profit Of 747.2 Million Yuan
Thursday, 28 Mar 2019 

March 28 (Reuters) - Ningbo Fuda Co Ltd <600724.SS>::SAYS 2018 NET PROFIT AT 747.2 MILLION YUAN ($110.88 million) VERSUS NET LOSS OF 872.2 MILLION YUAN YEAR EARLIER.  Full Article

Ningbo Fuda's 9-Month Contract Sales Down 24.22 Pct Y/Y
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Ningbo Fuda Co Ltd <600724.SS>::SAYS 9-MONTH CONTRACT SALES DOWN 24.22 PERCENT Y/Y AT 2.05 BILLION YUAN ($295.32 million).  Full Article

Ningbo Fuda Swings To Net Loss Of 872.2 Million Yuan In 2017
Thursday, 29 Mar 2018 

March 29 (Reuters) - Ningbo Fuda Co Ltd <600724.SS>::SAYS IT SWINGS TO NET LOSS OF 872.2 MILLION YUAN ($138.72 million) IN 2017 VERSUS NET PROFIT OF 127.4 MILLION YUAN YEAR AGO.  Full Article

Guilin Fuda to set up Guilin-based large crankshaft JV with Maschinenfabrik Alfing Kessler GmbH
Thursday, 1 Mar 2018 

March 1(Reuters) - Guilin Fuda Co Ltd <603166.SS>:Says co plans to set up a JV Guilin Fuda ALFING Large Crankshaft Co., Ltd. with Maschinenfabrik Alfing Kessler GmbH, with registered capital of 16 million euros.Says total investment is 48 million euros.Says co will hold 50 percent stake in the JV .  Full Article

Guilin Fuda and unit obtain high-tech enterprises recognition again and to enjoy tax preference
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Guilin Fuda Co Ltd <603166.SS>:Says it and wholly owned bent axle unit were recognized as high-tech enterprises again and could enjoy a tax preference of 15 percent, from 2017 to 2019 .  Full Article

Guilin Fuda Co Ltd unit signs contract worth 50 mln yuan
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Guilin Fuda Co Ltd <603166.SS> ::Says its wholly owned subsidiary signed 50 million yuan contract to provide epipodium products .  Full Article

Ningbo Fuda says change of accounting policy
Friday, 25 Aug 2017 

Aug 25(Reuters) - Ningbo Fuda Co Ltd <600724.SS>:Says it changes accounting policy regarding government subsidy.  Full Article

Ningbo Fuda's H1 net profit down 79.2 pct y/y at 77.6 mln yuan
Thursday, 24 Aug 2017 

Aug 24 (Reuters) - Ningbo Fuda Co Ltd <600724.SS>:Says H1 net profit down 79.2 percent y/y at 77.6 million yuan ($11.65 million).  Full Article