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SHA:600236

3 stories mentioning SHA:600236Updated 12d ago

Every FINWIRES story that references SHA:600236, newest first.

Asia

Guangxi Guiguan Electric Power to Invest in Laos 500-Megawatt Solar Project

Guangxi Guiguan Electric Power (SHA:600236) will jointly invest with two related parties on building the 500-megawatt Namor photovoltaic project in Laos.Total investment is 1.62 billion yuan, according to a Friday filing with the Shanghai bourse. The project's pre-tax internal rate of return is estimated at 6.06%.Guangxi Guiguan Electric Power, with a shareholding ratio of 80%, will need to contribute 389.1 million yuan in cash. Datang Yunnan and Datang Overseas Investment, with respective holdings of 15% and 5%, will contribute 73.0 million yuan and 24.3 million yuan.Shares of the power company rose 1% in recent trade.

SHA:600236
Asia

Guiguan Electric Power Says No Material Information Drove 20% Stock Rally; Shares Down 4%

Guangxi Guiguan Electric Power (SHA:600236) said it found no material matters that could have caused its recent abnormal stock trading after its shares triggered an abnormal trading fluctuation for three consecutive trading days, according to a Tuesday filing with the Shanghai bourse.The company's closing share price between July 16 and July 20 posted a cumulative deviation of more than 20%.The company conducted an internal probe and found no material information, market rumors, or undisclosed information that could have triggered the unusual stock movement.Shares of the power producer dropped nearly 4% in Tuesday midday trade.

SHA:600236
Asia

Guiguan Electric Power's Q1 Profit Jumps 58%, Revenue Climbs 37%; Shares Down 4%

Guangxi Guiguan Electric Power's (SHA:600236) net profit attributable to shareholders in the first quarter jumped 58% to 859.2 million yuan from 543.4 million yuan a year earlier, according to a Shanghai bourse filing on Thursday.Earnings per share rose 60% year on year to 0.1073 yuan from 0.0669 yuan.Operating revenue climbed 37% to 2.66 billion yuan from 1.95 billion yuan in the previous year.The Chinese power company's shares dropped 4% during the morning trade.

SHA:600236

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