SHA:600292

4 stories mentioning SHA:600292Updated 16d ago

Every FINWIRES story that references SHA:600292, newest first.

SPIC Hydropower Forecasts 122% Rise in H1 Profit; Shares Up 7%

SPIC Hydropower (SHA:600292) forecasted first-half attributable net profit of 1.19 billion yuan, compared with 537 million yuan the previous year.The expected 122% increase is attributed to the consolidation of Wuling Power and SPIC Guangxi Changzhou Hydropower following a major asset restructuring completed in October 2025, according to a Tuesday filing with the Shanghai bourse.The surge also reflects improved water flows boosting hydropower generation from newly consolidated assets.Shares of the power generation and environmental protection services provider rose nearly 7% in recent trade.

SHA:600292

Asia91d ago

SPIC Hydropower's Attributable Profit Surges 168% in Q1

SPIC Hydropower's (SHA:600292) attributable profit rose 168% to 393 million yuan in the first quarter from 146.6 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.Earnings per share at the water conservancy company tripled to 0.09 yuan from 0.03 yuan in the prior-year period.Operating revenue declined 19% year over year to 2.47 billion yuan from 3.04 billion yuan.

SHA:600292

Asia104d ago

China's Stocks Flat as Trump Hints at Iran Peace Deal in Islamabad

Chinese shares were muted as investors are cautious over the outcome of a potential second round of negotiations between the U.S. and Iran.The Shanghai Composite Index modestly slipped to cap the week's trade at 4,051.43. Meanwhile, the Shenzhen Component Index added 0.6%, or 89.08 points, to 14,885.42.U.S. President Donald Trump said the deal to end the war with Iran is "very close" as representatives from both countries are expected to meet in Islamabad during the weekend.Israel and Lebanon will also conduct talks after agreeing on a ten-day ceasefire, which became effective on Thursday.In corporate news, SPIC Hydropower (SHA:600292) dropped 4% after announcing that its unit, Wuling Power, plans to acquire equity in seven new energy project companies in China's Hunan Province for 330.5 million yuan.Yonghui Superstores (SHA:601933) jumped 3.5% after posting a 94% year-on-year rise in its first-quarter attributable net profit to 286.9 million yuan.

Shanghai Composite^SZSESHA:600292SHA:601933

Asia104d ago

SPIC Hydropower Unit to Buy Equity in Seven Energy Companies for 331 Million Yuan; Shares Down 4%

SPIC Hydropower's (SHA:600292) unit, Wuling Power, plans to acquire equity in seven new energy project companies in China's Hunan Province for 330.5 million yuan, according to a Shanghai bourse filing on Friday.Wuling Power will take over 51% of Changde Lingyang New Energy, 80% of Jiangyong Lingjian New Energy and 90% of Yongzhou Shuangpai Daguping Wind Power. The power company will fully acquire Guiyang Lingsheng New Energy, Zhangjiajie Lingsheng New Energy, Mayang Lingsheng New Energy and Zixing Lingsheng New Energy.The companies, which were established between 2017 and 2023, have a total installed capacity of 391.81 megawatts. Their registered capital ranged from 5 million yuan to 300 million yuan.Shares of the flue gas desulfurization and water conservancy company dropped less than 4% during the afternoon trade.

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