3 stories mentioning HKG:6031Updated 24d ago
Every FINWIRES story that references HKG:6031, newest first.
Sany Heavy Industry's (HKG:6031, SHA:600031) chairman, Xiang Wenbo, proposed to repurchase company shares worth between 400 million yuan and 800 million yuan, according to a Shanghai bourse filing on Tuesday.The shares will be repurchased within 12 months after the board of directors' approval.
Sany Heavy Industry (HKG:6031, SHA:600031) will adopt China's Accounting Standards for Business Enterprises for preparing both its A-share and H-share financial reports starting with its interim results, according to a Wednesday Hong Kong bourse filing.The company said the move will unify its financial reporting under a single accounting standard, replacing the use of International Financial Reporting Standards for its H-share reports.It added that the change will not materially affect its financial position or results.Separately, Sany Heavy proposed terminating Ernst & Young's appointment as its H-share auditor and appointing the domestic auditor Ernst & Young Hua Ming to audit both its A-share and H-share financial statements.
Sany Heavy Industry (HKG:6031, SHA:600031) recorded 2.48 billion yuan in attributable profit for the first quarter of 2026, rising marginally from 2.47 billion yuan a year earlier, according to a Hong Kong bourse filing Wednesday.The Chinese construction machinery manufacturer's Hong Kong shares fell nearly 2% in late-morning trade Thursday.Earnings per share were 0.2711 yuan, down from 0.2918 yuan in the prior year period.Operating revenue rose 14% year on year to 24.0 billion yuan, figures showed.
