SHA:600970

3 stories mentioning SHA:600970Updated just now

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Sinoma to Supply Cement Equipment to Nigeria's Itori Cement

Sinoma International Engineering (SHA:600970) will supply cement production equipment to Nigerian company Itori Cement for $476 million, according to a Tuesday filing with the Shanghai bourse.The Chinese cement technology equipment and engineering services company will supply equipment for lines 3 and 4 of the Itori Clinker Cement Production Line in Ogun State, Nigeria.The facility has a capacity of 6,000 metric tons per day, with clinker production expected to begin 24 months after construction and cement production expected at 25 months.Shares fell 2% during the midday break on Tuesday.

SHA:600970

Asia25d ago

Sinoma International Engineering Posts Nearly 19 Billion Yuan in Total Contract Value in Q2

Sinoma International Engineering's (SHA:600970) total contract value for the second quarter amounted to 18.9 billion yuan, according to a Shanghai bourse filing on Thursday.The contracts are for projects under engineering technology, high-end equipment manufacturing, and production and operations.Meanwhile, the engineering company's outstanding contract value, which is the remaining value of effective contracts, was 71.7 billion yuan as of the end of the reporting period.

SHA:600970

Asia112d ago

Sinoma International Engineering Logs 8% Decline in Q1 Newly Signed Contracts

Sinoma International Engineering (SHA:600970) reported newly signed contracts of 25.5 billion yuan in the first quarter, down 8% from the previous year, according to a Tuesday filing with the Shanghai bourse.Engineering technical services contracts declined 13% year over year to 18.2 billion yuan and high-end equipment manufacturing contracts fell 16% to 2.43 billion yuan.Meanwhile, production operation services contracts rose 12% to 4.25 billion yuan and other contracts jumped 89% to 703.5 million yuan.Shares of the engineering company rose 2% in recent trade.

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