SHA:600499

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Keda Industrial Expects Up to 83% Rise in H1 Attributable Profit

Keda Industrial Group (SHA:600499) forecasts its attributable profit will rise 69% to 83% to between 1.26 billion yuan and 1.36 billion yuan in the first half from 745 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.The ceramic machinery and building materials manufacturer attributed the possible growth to good pricing and continued production capacity.It also attributed the forecast to stable development in its ceramic machinery segment.

SHA:600499

Asia38d ago

Keda Completes Transfer of Reserved Grant Shares

Keda Industrial Group (SHA:600499) completed the transfer of reserved grant shares that were part of its 2025 employee stock ownership plan, according to a Shanghai bourse filing on Saturday.The Chinese clean energy technology developer's shares fell 2% at the close of Monday's trade.The reserved grant shares were worth about 47.3 million yuan.About 12 million underlying shares, valued at 3.95 yuan each, were granted to 162 participants.

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